ILLEGAL ‘CATEGORY A’: Gives Clinton’s Lifetime Rule over $109M
As if the Clinton Foundation wasn’t controversial enough, officials at the “non-profit” created a special “Category A” position for the former first family.
Unfortunately for these professional racketeers, these lifetime positions appear to violate IRS regulations. The IRS bars individuals from using tax-exempt groups for their personal benefit.
I know. The irony!
Of course, the Clintons have always been above the law. Let’s face it, the Clintons run a foundation scam. Moreover, the family certainly has benefited immensely.
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Recall last year when then FBI Director James Comey had enough dirt to indict the crime family. But someone swept the dirt away.
Undoubtedly, the Clintons have friends in high places who helped stall that investigation. Nor would it be the first time Comey ran interference in a Clinton probe.
Nevertheless, the house of cards may tumble after all. According to the Daily Caller:
Tax-exempt non-profits like the Clinton Foundation are expected by the IRS to maintain a high degree of independence among members of their governing boards. The foundation’s 2015 annual revenue was $109 million, a 37 percent decline from the previous year, according to the non-profit’s most recently published IRS Form 990 tax return.
Federal regulations require, for example, that “a governing board should include independent members and should not be dominated by employees or others who are not, by their very nature, independent individuals because of family or business relationships.”
The regulations also warn that the IRS “reviews the board composition of charities to determine whether the board represents a broad public interest, and to identify the potential for insider transactions that could result in misuse of charitable assets.”
A Stacked Deck
Hillary resigned her position during her failed presidential bid. She did this in hopes of staving off any scrutiny of her family’s crooked enterprise.
Her resignation theoretically gave the Clintons two of the eleven board seats. However, if you take a look at the 990 secondary board seats, Clinton insiders occupy most of them.
Bruce Lindsey, Cheryl Mills, former EPA Administrator Lisa Jackson and Donna Shalala, former Secretary of Health and Human Services under President Clinton, as well as veteran Clinton political funders and allies Cheryl Saban, Eric Goosby and Canadian Frank Guistra fill the seats.
Shalala was also the foundation’s president in 2015. All but Shalala were on the 14-member board that approved the changes. Among the additional members in 2013 were Democratic Virginia Gov. Terry McAuliffe, the long-time Clinton fundraiser who helped the couple buy the mansion they own in Chappaqua, N.Y.
The current lineup thus assures the Clinton family at least a controlling 9-2 majority on the foundation’s governing board.
In other words, no matter how much they claim to be independent, this board is Clinton-controlled.
Regarding concerns about financial and other abuses arising from a lack of board independence, the spokesman pointed to the foundation’s high rating by Charity Navigator, saying “we’re rated four stars both overall and for accountability and transparency specifically.”
Questions have been raised, however, about Charity Navigator’s objectivity because, as TheDCNF’s Investigative Group previously reported, the foundation waived a $20,000 annual fee for the philanthropy evaluator, thus allowing it to participate in the non-profit’s glitzy Clinton Global Initiative (CGI) meetings from 2012 to 2014.
Having a presence at the CGI meetings in New York provided Charity Navigator with networking and fund-raising opportunities among many of the world’s wealthiest philanthropists and influential public officials, activists, media figures and celebrities.
Simply put: the Clintons knew how to keep people quiet about their foundation shenanigans.
But then we learn that according to Michael Soper, Charity Navigator is the “National Enquirer” of charity rankings. They use a gross over-simplification of data that doesn’t represent the truth of the matter. But leftists love to use fake numbers to support their narrative.
Perhaps Kevin Jackson said it best.
“The Clinton Foundation is more gangster than the mafia and has enjoyed government protection at the highest levels.”
When the Clinton Foundation finally cracks, it will expose a plethora of high-ranking leftists. These people would do anything to keep their criminal operation afloat. Had Hillary Clinton won the election, the Clinton Foundation would have flourished beyond belief.