Wednesday, August 21, 2013

Bill Clinton foundation has spent more than $50 million on travel expenses...

Bill Clinton’s foundation has spent more than $50 million on travel expenses since 2003, an analysis of the non-profit’s tax forms reveal.

The web of foundations run by the former president spent an eye-opening $12.1 million on travel in 2011 alone, according to an internal audit conducted by foundation accountants. That’s enough to by 12,000 air tickets costing $1,000 each, or 33 air tickets each day of the year.

That overall figure includes travel costs for the William J. Clinton Foundation (to which Hillary and Chelsea are now attached) of $4.2 million on travel in 2011, the most recent year where figures are available.

The Clinton Global Health Initiative spent another $730,000 on travel, while the Clinton Health Action Initiative (CHAI) spent $7.2 million on travel.

CHAI also spent $2.9 million on meetings and training, according to the report, conducted by the Little Rock, Ark. Accounting firm BDK CPA’s and Advisors. All three entities have global reach, while CHAI has the most staff. Full story...

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