Tag Archive: Audit


Charity Watchdog: Clinton Foundation A ‘Slush Fund’

 

Charity watchdog: Clinton Foundation a ‘slush fund’

 

 

 

” The Clinton Foundation’s finances are so messy that the nation’s most influential charity watchdog put it on its “watch list” of problematic nonprofits last month.

  The Clinton family’s mega-charity took in more than $140 million in grants and pledges in 2013 but spent just $9 million on direct aid.

  The group spent the bulk of its windfall on administration, travel, and salaries and bonuses, with the fattest payouts going to family friends.

  On its 2013 tax forms, the most recent available, the foundation claimed it spent $30 million on payroll and employee benefits; $8.7 million in rent and office expenses; $9.2 million on “conferences, conventions and meetings”; $8 million on fund-raising; and nearly $8.5 million on travel. None of the Clintons are on the payroll, but they do enjoy first-class flights paid for by the Foundation.

  In all, the group reported $84.6 million in “functional expenses” on its 2013 tax return and had more than $64 million left over — money the organization has said represents pledges rather than actual cash on hand.

  Some of the tens of millions in administrative costs finance more than 2,000 employees, including aid workers and health professionals around the world.

  But that’s still far below the 75 percent rate of spending that nonprofit experts say a good charity should spend on its mission.

  Charity Navigator, which rates nonprofits, recently refused to rate the Clinton Foundation because its “atypical business model . . . doesn’t meet our criteria.” 

  Charity Navigator put the foundation on its “watch list,” which warns potential donors about investing in problematic charities. The 23 charities on the list include the Rev. Al Sharpton’s troubled National Action Network, which is cited for failing to pay payroll taxes for several years.

  Other nonprofit experts are asking hard questions about the Clinton Foundation’s tax filings in the wake of recent reports that the Clintons traded influence for donations.

“ It seems like the Clinton Foundation operates as a slush fund for the Clintons,” said Bill Allison, a senior fellow at the Sunlight Foundation, a government watchdog group once run by leading progressive Democrat and Fordham Law professor Zephyr Teachout.”

 

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Audit: State Paid $12 Million In Health Costs — For Dead People

 

 

 

 

 

 

” Cook County has long been ridiculed for allowing dead people cast votes, but the state may have just garnered a new distinction.

  It paid $12 million in health care for people who were already dead — including in one case, for a person who had died in 1989.

  A new financial audit released by Auditor General Bill Holland’s office on Thursday found that the Illinois Department of Health and Family Services had 8,232 people still on Medicaid rolls qualifying for benefits, even though they were dead.

  The state paid monthly premiums totaling almost $7 million for 561 people who had already been dead for an average of nearly two years before they were enrolled in a state managed care program.

A person was dead for 663 days and then they were signed up for Managed Care,” an incredulous Holland told the Sun-Times. “They need to improve their system to ensure the death dates for current enrollees, and just to ensure that people who were deceased were not enrolled.”

 

Continued at Chicago SunTimes

 

 

 

 

 

 

 

 

 

 

New, Unwelcome Question For SDPD: How Has $1M Gone Unaccounted For?

 

 

SDPD Million Dollars Missing

 

 

” There’s yet another mystery now haunting San Diego’s embattled police department: The whereabouts of a million dollars in federal funds that haven’t shown up “on paper.”

  It’s a case that’ll have to be solved by city financial experts and auditors because the cop shop’s numbers don’t square up.

  It may be that somebody didn’t hit a certain number on a keyboard – at least that’s the best City Hall might hope for.

” To me, I’m not worried that it’s a crime; it doesn’t look like that,” said Sean Karafin, CEO of the San Diego County Taxpayers Association. “But it’s more of an issue of why was this not caught? Why has it taken four years for the media to be the ones to find it?”

  The million-dollar discrepancy was turned up by the “U-T Watchdog”, which has been reviewing documents involving U.S. Treasury and Justice Department programs that share “forfeited assets” from drug dealers and other crooks with state and local law enforcement.”

 

NBC San Diego

 

 

 

 

 

 

 

 

 

 

Massachusetts Audit Finds Dead Welfare Recipients Collecting Millions Of Dollars

 

 

” In some cases, recipients began receiving benefits for the first time after their deaths.

The audit, issued Tuesday, covered cash, food stamps, and other benefits intended for low-income families, and found millions of dollars in irregular benefits and an urgent need for improved anti-fraud security.

In 1,164 cases, deceased recipients continued to receive a total of $2.39 million in benefits up to 27 months after they had been reported dead. The state Department of Transitional Assistance also paid out at least $368,000 benefits to 178 guardians who claimed deceased persons as dependents, and $164,000 to 40 individuals being claimed by more than one guardian.”

 

 

 

 

 

 

 

 

 

Caption The Photo: Eagles OL Evan Mathis Peeing On IRS Building Sign

 

View image on Twitter

 

” I hope Mathis doesn’t owe any Taxes, because I am sure an audit is coming his way now. He is straight on Instagram flexing,  Bleacher Report captured the photo before Chip Kelly makes him take it down and drink a protein shake (no more fast food at the Eagles camp).”

Audit Finds Problems With Maryland’s Speed Camera Program

 

 

” More than half of the violations recorded during a test run of a Maryland program that places speed cameras in work zones were unusable and cost the state about $850,000 in lost ticket revenue, according to an audit.

At its outset in 2009, the program lacked measures assuring the accuracy of the speed cameras, according to a report by the Maryland Office of Legislative Audits.

And for the first nine months Maryland SafeZones was in operation, there was never an independent audit of the speed-monitoring system, according to the audit. “

  As this NY Sun editorial makes abundantly clear , the Fed doesn’t work for us , the people , it works for the government and the banks .

” We’ve often thought of that harbinger in the context of the current crisis over the fiat dollar, but it was all brought together in column by Judy Shelton in today’s Wall Street Journal. She notes that many in America “fear that our nation is going the way of Europe —becoming more socialist and redistributionist as government grows ever larger.” But, she warns, “the most disturbing trend may not be the fiscal enlargement of government through excessive spending, but rather the elevated role of monetary policy.” She’s referring to the way the Federal Reserve, as she puts it, “uses its enormous influence over banking and financial institutions to channel funds back to government instead of directing them toward productive economic activity.” “

Richard Milhouse Obama

Enemies List 

 

  ” A Republican donor featured prominently on President Obama’s “enemies list” is facing intense scrutiny from federal authorities, the Wall Street Journal’s Kim Strasselreports.

Frank VanderSloot, an Idaho businessman who has contributed significantly to Mitt Romney’s campaign, was previously targeted by the Obama campaign as a “less-than-reputable” individual, as well as a “litigious, combative and a bitter foe of the gay rights movement.”

That was only the beginning of his troubles, apparently.”