When one of the most recognizable nonprofits in the world loses 75% of its contributions over a four-year period, there are typically investigatory reports written into what has gone wrong. That isn’t the case with the Clinton Foundation. The Foundation received $62.9 million in 2016 but only $16.3 million in 2020, and very few people seem to have noticed.
That is because most Beltway insiders know the Clinton Foundation’s primary purpose: to serve as a platform for Hillary Clinton’s political operation while lining the Clintons’ pockets by trading influence for money. That is why donations spiked when Hillary was secretary of state and most of the world thought she was destined to become president — and why they cratered after she lost.
Kevin Thurm, the CEO of the Clinton Foundation, tried to play off the 2020 decline off as pandemic-related. In a letter, he wrote that 2020 “was a difficult year for philanthropy. Across the sector, resources were stretched thinly and fundraising activities were impacted.” This argument doesn’t explain the tens of millions the Foundation lost between 2016 and 2019 and ignores that charitable giving was up by 5.1% in America last year.
Of course, an objective observer easily understands the real reason the Clinton Foundation experienced such a sharp decline in contributions since 2016. The Foundation is an influence-peddling scheme, and the Clintons’ influence has waned. Even Obama understood the scheme. When President Obama nominated Hillary Clinton in 2009 to serve as secretary of state, she agreed to a strict memorandum of understanding to wall off the Foundation from conflicts of interest with the State Department. As Judicial Watch uncovered, the Clinton team immediately violated this agreement by using the Clinton State Department to help Clinton Foundation donors.
The Clintons also agreed that the State Department would approve Bill Clinton’s speeches. Judicial Watch investigations (in partnership with the Daily Caller) uncovered that this agreement translated into the Clinton State Department rubber-stamping virtually all of Bill Clinton’s 215 speeches, which raked in $48 million in speaking fees while his wife was secretary of state. These speeches included government-controlled entities in China, Russia and Saudi Arabia. State Department memos approving his speeches were routinely sent to Cheryl Mills, who was Hillary Clinton’s senior counsel and chief of staff – and a former Foundation board member!
Hillary’s Sex peddling Foundation !!!!!