
The main objective of most foundations is philanthropy. And because their funds benefit the public, they can apply for a tax exemption. But Hillary and Bill Clinton’s Foundation seems to have a different objective. Rep. Marsha Blackburn is asking the FBI, IRS, and the Federal Trade Commission to start an investigation into the Clinton Foundation.
She wrote a letter, which is circulating the House of Representatives for signature, emphasizing suspicious activities of this foundation such as it relationship with of the Laurate International Universities.
The International Youth Fund, whose board members include Laureate’s founder, Douglas Becker, received more than $55 million in grants from the U.S. Agency for International Development while Hillary Clinton was secretary of State, the letter says. Laureate has given between $1 million and $5 million to the Clinton Foundation and paid Bill Clinton $16.5 million to serve as honorary chairman.
Hopefully, this letter can initiate an investigation and stop the Clinton Foundation that seems interested in granting political favors in exchange for funds.
Read full article at USAToday
Photo Credit Gage Skidmore