IRS Approved Clinton Foundation And Scientology, But Targeted Tea Party – Forbes I enjoy untangling a tax mess from the past, disputing taxes with the government or planning taxes for the future. IRS Approved Clinton Foundation And Scientology, But Targeted Tea Party We surely will not see the IRS looking at the enormously wealthy Clinton Foundation, even though several watchdog groups suggest there’s something fishy there. Charity Navigator says that the Clinton Foundation took in nearly $140 million in donations from individuals and groups. Charities are supposed to benefit charitable goals, not line private pockets.
Even thinking the best of all of this, the Clinton Foundation’s administrative costs seem awfully high. Of course, we now know that the Bill, Hillary and Chelsea Clinton Foundation will be amending multiple years of tax returns. Clinton promised that the Foundation would stop accepting donations from foreign governments. It turns out there were exceptions, and that the Foundation’s tax filings with the IRS were less than transparent.
Acting CEO Maura Pally posted a statement acknowledging that the Foundation failed to separate government grants from other donations on its tax filings.