The Clinton Foundation is a Huge Slush Fund for the Clintons

Private foundations are generally financially supported by one or a small handful of sources—an individual, a family, or a corporation. There are a few different kinds of private foundations: independent, family, and corporate. These categories are not legally defined. Rather, they are commonly used in the field of philanthropy to distinguish the different kinds of private foundations. Private foundations must pay out at least five percent of their assets each year in the form of grants and operating charitable activities. A private operating foundation is a kind of private foundation and must operate under similar rules. However, it does not have to pay out 5 percent or more of its assets each year in grants. Instead, it must carry out its own charitable purposes. All private foundations are 501(c)(3) organizations. Under the Internal Revenue Code, a charity is presumed to be a private foundation unless it can prove that it is a public charity. [Council on Foundations]

The Clinton foundation only donates 5.6% of their earnings to charity [the minimum required by law], despite Hillary knowingly and blatantly lying to the American people by claiming they donated 90% at the last debate, but she is counting on you to not do research, and her mainstream media to not report it.

The Clintons make all their charitable contributions to their private foundation, the Clinton Family Foundation. It is basically a pass-through, the kind of charity commonly used by many wealthy people. It does no direct charitable work but passes money to others. Hillary and Bill Clinton passed $23.2 million between 2001 and 2015 to their foundation. That figure comes from the Clintons’ joint tax returns, which the Democratic nominee has released. In that 15-year period — the years since the Clintons left the White House — they earned about $237 million in adjusted gross income, much of it from speaking fees and book royalties. So Clinton and her husband donated about 9.8 percent of their adjusted gross income to their slush fund to spend as they wish. [Source]

From "The Top 100 Most Damaging Wikileaks":

24. "Bill Clinton Inc." How millions of dollars were raised for the Clintons. Blurred lines between personal and Foundation money

    https://wikileaks.org/podesta-emails/emailid/32240 (in attachments)

• “Throughout the past 11 years since President Clinton left office, I have sought to leverage my activities, including my partner role at Teneo, to support and raise funds … to support the Clinton Foundation and President Clinton personally."
• "We also have solicited and obtained, as appropriate, in-kind services for the president and his family – for personal travel, hospitality, vacation and the like.”
• "...more than $50 million in for-profit activity...”
• "We appreciate the unorthodox nature of our roles."

The 12 page document goes in detail over how Bill Clinton monetized the foundation. The basic context is that, at some point in 2011 there was a civil war inside the foundation, with Teneo/Doug Band on one side, and Chelsea Clinton on the other.  In this attachment, Band tries to justify himself by going over how much money he has made for the Clintons.  It also dispels and puts to rest the notion that the Clintons don't make money from the Foundation. In fact, it demonstrates that the Clinton fortune and the Foundation are indistinguishable and essentially the same, and that donations to the Foundation come with kickbacks for all involved.

The Clinton Foundation even hired a law firm to find out if their pay-to-play scheme would jeopardize their charitable status with the IRS.

Doug Band (who was to Bill what Huma Abedin is to Hillary) described his work as running "Bill Clinton Inc." Essentially, the memo describes Teneo as the revenue-generating arm of Clinton, Inc. - for Clinton speeches, foundation money, etc. It also details quite a bit of offshore money that came in.

Band was selling his clients on idea that giving to the Foundation was a way to bolster their influence.

124 references to "quid pro quo" and "pay to play" across WikiLeaks Clinton, Podesta & DNC emails https://t.co/qjGQHgomYN

— WikiLeaks (@wikileaks) October 27, 2016

19. Clinton Foundation schemed with Big Pharma: keep the price of AIDS drugs high in America and NO to cheaper generic versions

    https://wikileaks.org/podesta-emails/emailid/24440

• “Since President Clinton’s comments were made, we have been contacted by a number of advocacy groups who are now intending to wage a public campaign to bring in generics and lower drug prices. We do not feel we can participate in this without jeopardizing our work around the world. We cannot oppose what they might do, but we also cannot be publicly supporting it either.”
• “We think that publicly pressuring the US and European AIDS drug companies to lower prices and bringing pressure to allow generic AIDS drugs into the United States will have limited if any success and could seriously jeopardize our negotiations to continually lower prices in poor countries… We have always told the drug companies that we would not pressure them.”
• "We have always told the drug companies that we would not pressure them and create a slippery slope where prices they negotiate with us for poor countries would inevitably lead to similar prices in rich countries."
• "We suggest that we approach the innovator companies that can currently sell products in the US with the idea of making donations to help clear the ADAP lists."
• "The companies will likely favor a donation approach rather than one that erodes prices across the board. I would guess that they would also likely favor a solution that involved their drugs rather than an approach that allowed generic drugs from India to flood the US market at low prices or one that set a precedent of waiving patent laws on drugs."

When the Clintons are questioned about the obvious sketchiness of their foundation, they routinely cite AIDS work. But the AIDS work is carried out by CHAI ("Clinton Health Access Initiative"), a separate organization.

CHAI freely admits there is an implicit agreement with the drug companies not to pressure them to lower domestic prices. Bill Clinton made comments that added pressure. CHAI receives a great amount of positive publicity for their AIDS work abroad, and the comments jeopardize that program. Here, CHAI admits it is in their interests for U.S. AIDS drug prices to remain high, so that they can continue getting credit for keeping them low abroad.

But CHAI is not content with simply fleecing American AIDS sufferers. Since CHAI doesn't want pressure on Pharma companies to linger, they propose to torpedo other AIDS advocacy groups by creating a smaller, watered-down domestic program with the Pharma companies before those other advocacy groups begin their assault in January.

The Clintons are only out for themselves. In comments on World AIDS day in the subsequent years of 2012 and 2013, Bill says nothing whatsoever about domestic drug prices. If AIDS advocacy groups cannot trust the Clintons not to stab them in the back, how can the American people?

Also remember, the Clinton foundation only donates 5.6% of their earnings to charity, despite Hillary knowingly and blatantly lying to the American people by claiming they donated 90% at the last debate, but she is counting on you to not do research, and her mainstream media to not report it.

http://www.mostdamagingwikileaks.com/

The Role of the Foundation
By SaveWeath.com

A Private Family Foundation (PFF) is a separate entity, privately funded by you. It is created with the specific purpose of contributing to various charitable causes.

As a distinct, legal entity, The Private Family Foundation:

    1. Contributes to a charitable cause and takes a tax deduction, while relinquishing personal control over your gift.

    2. Minimizes your estate tax liability.

    3. Avoids capital gains tax on the sale of appreciated property contributed to the charity of your choice.

    4. Provides continuing employment and activity for your family members.

    5. Identifies and preserves your family name for years to come.

Special Tax Advantages

Private Family Foundations have special tax advantages, because they are considered "charitable organizations" themselves. Because of this classification, any earnings on Foundation assets are tax-exempt, and can be distribute to the charities you choose.

If established properly, a private family foundation can often avoid capital gains taxes on highly-appreciated assets (see below). In addition, interest and investment earnings that are not slapped with an income tax can instead be used to help the charities or causes you support.

Immediate Tax Benefits for You

If you have highly-appreciated assets that you're holding to avoid steep capital gains taxes, a Private Family Foundation could help. Any appreciated assets that you transfer to a Private Family Foundation can be sold by the Foundation with no capital gains taxes. This is because of the Foundation's charitable status.

Second, you can get an immediate tax deduction for any money or property to grant to the Foundation. This deduction can equal up to 30% of your adjusted gross income (20% for appreciated property). Any income tax deduction not used in your contribution year may be carried forward over the next five years.

The valuation of these deductions depends on a number of things, including original cost and the type of property being transferred. (For more information on valuation, please request the PFF Special Report.)

Estate Tax Benefits

Every dollar that you contribute to your Private Family Foundation means one less dollar that is included in your estate. Gifts that are regularly made to charities can instead be used to fund your PFF. And if you are in a higher tax bracket, that could ultimately save up to 46% in estate taxes.

Best of all, you can make such contributions to a Private Family Foundation without affecting the $12,000 annual gift tax exclusion or the current $1 million Gift Tax Credit .

Required Distributions to Charities

Private Family Foundations have certain laws they must abide by, because they are a legal entity. For instance, by law, a Private Family Foundation must distribute at least five percent (5%) of its assets each year to public charities.

Let's suppose you leave $2,000,000 to your Private Family Foundation. The IRS says you must distribute at least $100,000 (or 5%) to recognized charities in order for the Foundation to qualify for its special tax advantages. Of course, you can select a higher payout if you choose. But five percent is the absolute minimum.

The annual payout is established when you first sit down with a qualified estate attorney who has experience working with large estates. And the difference between what the assets earn (e.g. 6% per year) and the mandatory payout can be put back into the Foundation.

Employment for the Family

You may arrange for your heirs and descendants to receive salaries as "employees" of your Foundation. Simply name family members as replacement trustees to succeed you after death or resignation.

Many Foundations pay their directors using the difference between their required distributions and their annual income. If your Foundation is earning 10% annually on its assets, but only paying 5% annually to charities, the difference can be distribute for legitimate expenses, including salaries for the directors of the Foundation.

Ensuring Kids Don't Lose Out

While charities will definitely benefit from your Foundation, your children are deprived of the donated assets, after estate taxes are accounted for. To remedy this situation, some individuals also choose to establish a generation-skipping dynasty trust (like The Legacy Trust) to avoid estate taxes for up to three generations.