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Clintons and the 1% party like its 1999
By Adam Curry on Wednesday, November 30, 2011 at 3:31 PM.
Almost 6 weeks later than the legal deadline required for non-profit organizations, the Clinton Foundation finally released its IRS for 990 documents to the public yesterday. permalink
My initilal interest is in understanding where the billions of raised funds intended for Haitian Earthquake relief went has turned an interesting corner. permalink
Part II of Schedule G requires separate reporting of a balance sheet on any fundraising events over $5000 if the total for fundraising events in the year exceeded $15000. permalink
A picture named billBono.jpgThe foudations entries list the 'Millennium' and 'Gala' events, it is unclear if these are singular events or an accumulaton of Clinton based events with the words 'Gala' and 'Millenium' in their title. Regardless, I have yet to see a Clinton bash that doesn't include the expected line-up of Hollywood A-Listers and other Elites. I'm looking at you Bono. permalink
The bottom line, literally; in 2010, after expenses such as 'cash prizes, food & beverage and "Entertainment" the former President raised a negative $311,135. permalink
What's the point of having fundraisers if you lose money on the event? permalink
Fuck AIDS, Haiti and Africa.... We're here to paartaaaayyy!!! permalink
There is an entry in the schedule G for 'charitable contributions', but nowhere can one find what that means. Nor is this information available in the annual report and audited financials as approved by the foundation's accounting firm.  permalink
For an organization that has annual revenues of $135 million, these 'charitable donations' could easily be free valet parking. permalink



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