Nearly 60 percent of the charitable giving last year by Hillary Clinton’s family charity wound up at the Clinton Foundation, according to tax returns obtained by the Washington Free Beacon.
The Clinton Family Foundation is the charitable vehicle used by the Clintons. It is a separate entity than that of the much larger Bill, Hillary, and Chelsea Clinton Foundation (the Clinton Foundation). Once the Clintons’ charitable money is placed in the Clinton Family Foundation, they then cut checks to numerous charities.
According to a review of the Clinton Family Foundation’s 2015 Form 990 provided to the Free Beacon by the assistant of Clinton’s tax lawyer, the Clintons disbursed $2,630,500 to charities last year from the family foundation. These donations include $30,000 to Yale University, $50,000 to Georgetown University, $20,000 to the Wildlife Conservation Society, and $25,000 to Hippy USA, among others.
However, a majority of the funds from the Clinton Family Foundation ended up at the Clinton Foundation. Of the $2.6 million in charitable giving the Clintons made last year, $1.5 million, or 57 percent of all of the Clinton’s charitable donations, was funneled to the Clinton Foundation.
The Clintons gave $1,042,000 to charity in 2015, Hillary Clinton’s most recent income tax return shows. Of this amount, $1 million—or 96 percent—went to the Clinton Family Foundation.
The Clintons gave $3.7 million in charitable contributions in 2014 with $1.8 million (48 percent) of that amount being kicked to the Clinton Foundation.
Hillary Clinton initially wrote off millions of dollars on her income tax returns that ultimately ended up at the Clinton Foundation after being passed through the smaller Clinton Family Foundation.
The largest contribution every year since 2007 from the Clinton Family Foundation has gone to the Clinton Foundation, the Free Beacon previously reported.
Between 2007 and 2015, the Clintons have dished out $16,001,450 in total to charity. Of that amount, $15,769,000 went to the Clinton Family Foundation. From the family foundation, $5,812,000 was then funneled to the Clinton Foundation as of 2015—or 36 percent of all the total charitable giving since 2007 marked by the Clintons on their income tax returns.
The Clinton Family Foundation’s 2015 Form 990 was marked as completed on May 6, 2016. Howard Topaz, a New York-based partner at the law firm Hogan Lovells who completed the form, told the Free Beacon that he submitted it to the IRS around this time. However, it does not appear to be publicly available as of now.
Clinton’s campaign did not return a request for comment on the amount that was kicked from the Clinton Family Foundation to the Clinton Foundation by press time.
Published under: 2016 Election , Clinton Foundation , Hillary Clinton