Clinton Foundation cash flow continues to drop years after 2016 election loss
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Cash flow to the Clinton Foundation continues to plummet, leaving the organization in the red for a second straight year after Hillary Clinton’s unsuccessful bid against President Donald Trump in the 2016 presidential election, newly released tax returns reveal. The Clinton Foundation’s $30.7 million revenue last year is less than half the $62.9 million it raised in 2016 as Clinton was at the height of her presidential campaign. Each of the two years since Clinton’s loss in the 2016 election has seen the organization’s revenue drop to record lows, raising less than any fiscal year in more than a decade — a sharp contrast to the $249 million raised during Clinton’s first year as secretary of state. The foundation received less money from fundraising events and its service programs last year compared to previous years but kept investing tens of millions in the programs. Paid speeches accounted for $369,899 of the foundation’s intake, a mild uptick from the $297,976 it received in 2017 but a huge drop from $3.6 million in 2014. The foundation continued to chip away at its savings, burning more cash than it raised in 2018. With revenue of $30.7 million, it spent $47.5 million last year on payroll, grants and promotion, among other items. It also scaled back spending on domestic grants and foreign activities compared to the prior year, but spent more in 2018 on advertising, promotions and fundraising efforts.
November 18, 2019 at 3:52 PM #227081GZeusHParticipant
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I don’t think that they will have to “chip away at its savings” as much this year, what with Jeffrey Epstein’s Lolita Express going out of business.
November 18, 2019 at 4:14 PM #227088djean111Participant
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The Clinton Laundromat. Also the Clintons cannot sell as much influence (that we know of) at this point in time. Their poorly attended concert tour might have been a clue.
November 18, 2019 at 4:18 PM #227090Mr. Mickeys MomModerator
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Hey…. They always have “1200 President Clinton Avenue” to memorialize their many patrons from whom they’ve taken SOOOOOOOOOO much!
Hell, no... I'm not giving up...
November 18, 2019 at 5:41 PM #227122NJCherParticipant
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so glad you posted this. I was researching it the other day and didn’t really come up with much. I was seeking proof that this foundation is mainly a slush fund. The difference in speaking fees from 2014 to now is incredible!!
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