Clinton Foundation Spent Millions More On Travel Than Charitable Grants, IRS Filings Show
The Clinton Foundation spent significantly more money on travel costs than it did on charitable grants in 2014, the organization’s tax filings show.
The foundation spent $7.8 million on travel in 2014, while spending less than $5.2 million on charitable grants over the same time span, according to the foundation’s 2014 IRS filings.
More than $6 million of the $7.8 million spent on travel was marked as “Program service expenses.”
Approximately $566,000 of the travel money was marked as “Management and general expenses.” The remaining almost $1.3 million spent on travel was marked as “Fundraising expenses.” (RELATED: Just 5.7 Percent Of Clinton Foundation Budget Actually Went To Charitable Grants)
As previously reported by The Daily Caller, the Clinton Foundation spent just 5.7 percent of its massive 2014 budget on charitable grants.
The less than $5.2 million spent on charitable grants in 2014 pales in comparison to the $34.8 million the foundation spent on salaries, compensation and employee benefits. (RELATED: EXCLUSIVE: IRS Launches Investigation Of Clinton Foundation)
The lion’s share — $50.4 million — of the money spent by the Clinton Foundation in 2014 was marked as “other expenses.”
Charity Navigator, a non-profit watchdog that has received favors from the foundation, gave the foundation a four star rating. (RELATED: Clinton Foundation Doles Out Favors, Charity Rater Gives It Four Stars In Return)
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