SURPRISE! Donations To Clinton Foundation Take 90% Nosedive
The Clinton Foundation has suffered a massive decrease in donations over a three-year span according to financial documents posted by a website called Zero Hedge. The documents show a decrease in monetary donations of about 90% from the years 2014 to 2017. To help provide clarity and verify the information, the very same documents are also on the Clinton Foundation website dated November 15, 2016 and November 9, 2018.
Back in January of this year, it was announced that the FBI had been investigating the Clinton Foundation for months based on a probe from 2016. This could be a contributing factor in the Clinton Foundation donations declining. Of course, it could also be tied directly to the fact that Hillary Clinton lost the election of 2016, and those who expected her to win had reduced donations (speculation, of course). She was defeated by Donald Trump who is currently serving as president and halfway through his first term.
Backtrack to July of 2016 and an article by the Washington Examinerdiscusses information involving an IRS investigation into the Clinton Foundation.
Their article stated, “IRS officials are investigating the Clinton Foundation for alleged fraud after dozens of lawmakers asked the tax agency to open an inquiry.
A spokeswoman for Rep. Marsha Blackburn, R-Tenn., who led the effort to demand an investigation, told the Washington Examiner that the IRS has referred her request to its Exempt Organizations Examinations program.
The move signals a shift from the IRS’s announcement last year that it would not look into allegations of financial irregularities at the well-connected charity amid controversy over its acceptance of foreign donations while Hillary Clinton was serving as secretary of state.”
Federal investigations and a 2016 loss in the presidential election could be direct determining factors that might have lead to such a drastic decrease in the number of donations sent to the Clinton Foundation. Hillary is doing the book and speaking tours instead of being president, so it does not appear that she’s in a powerful position, which theoretically could also contribute to Clinton Foundation receiving less from donors.