The Bill, Hillary and Chelsea Clinton Foundation can no longer raise enough money to cover its expenses, ever since Hillary Clinton’s presidential campaign failed to propel her into an office from which she could dispense political favors. Clinton Foundation reports to the IRS for the last two tax years have demonstrated that without anyone to grant boons, fewer donors are interested in supporting it.
Andrew Stiles reports for the Free Beacon:
The Clinton Foundation reported a loss of more than $16 million in 2018, according to newly released tax records, marking the second consecutive year of losses since Hillary Clinton’s humiliating defeat to President Donald J. Trump in 2016.
The foundation reported total revenue of just $30.7 million, including $24.2 million worth of grants and contributions, a record low for the alleged “charity.” That figure was well short of the foundation’s total expenses for the year—$47.5 million— resulting in a net loss of $16.8 million.
The previous year, the Clinton Foundation reported a net loss of $16.1 million. In total, the organization has lost a staggering $32.9 million since Hillary Clinton’s lifelong quest for the presidency crumbled to dust in November 2016.
Read the full story from American Thinker
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