Ultrawealthy charities that are helping no one and report nothing cost U.S. taxpayers billions every year, report says
1 in 4 charitable dollars goes into 'dark money' funds that have no obligation to actually donate to charity—but their donors still get all the benefits
There's a reason why all these corrupt politicians run charities (i.e Clinton Foundation, Romney Foundation,
McCain(No-name) Foundation) There is little scrutiny or oversight, and it's a great way to launder money.Makes one wonder how many of the billions of dollars in US Taxpayer funds that go overseas end up going right back into these "charities."
DC is the world's largest money laundering machine, and all of the billionaires are part of it. The s(e)lected politicians are just cogs in the wheels of the global machine.
When you start looking into some of these charities you'd be amazed at how much money gets soaked up into "operational costs". A lot of these charities will see something like only 1-2% of the money ever reaching the intended recipients.
One of the most egregious examples being Haiti. They got over $13,000,000,000 in donations without anything to show for it, and even MSM has a hard time explaining that away.