Thread by @chiIIum

The Clintons use the Clinton Family Foundation, a smaller and separate entity than the Clinton Foundation, as their charitable vehicle.

All money written off as “charity” is parked in the Clinton Family Foundation, the funds are then disbursed to a number of organizations.

Bill Clinton acts as the foundation's president while Hillary acts as its secretary and treasurer. Chelsea Clinton is listed as its director.

In 2017, the Clintons deposited $1.5 million into the family foundation, and then distributed $1,093,500 in grants to a number of organizations and universities. Of the $1,093,500 in donations, $500,000 ended up in the Clinton Foundation.

The Clintons also wrote $100,000 checks to the George H.W. Bush Presidential Library Foundation, George Washington University, and Norfolk Hospital Foundation. Tens of thousands were also given to the likes of the University of Arkansas, Occidental College, and the Africa Center.

In 2016, $1.5 million of the $2.6 million handed out by the Clintons went to the Clinton Foundation.

The largest donation from the family foundation every year for nearly the past decade went to the Clinton Foundation.

The Clintons have passed more than $4 million from the Clinton Family Foundation to the Clinton Foundation since 2007.

Hillary positioned herself as the #resistance leader against @POTUS @realDonaldTrump via the formation of Onward Together, a “social welfare” nonprofit that collects donations and then disburses them left-wing activist groups like Color of Change, Latino Victory, and Indivisible.

She sent $800,000 from her campaign funds to Onward Together shortly after its formation. Days later, the campaign began making tens of thousands worth of “rent” payments to ZFS Holdings LLC, a *Delaware-based entity created to manage Hillary Clinton's speaking and book income.

Clinton registered ZFS Holdings LLC, a Delaware-based LLC, on Feb. 8, 2013, just days after leaving the State Department, records filed with the Delaware Division of Corporations show.

In April 2014, paperwork was filed with New York State's Department of State for ZFS Holdings, records show.

ZFS’s listed agent on its Delaware forms is the Corporation Trust Company, a subsidiary of Wolters Kluwer, a Netherlands-based global company that provides services to legal, business, tax, accounting, finance, audit, risk, compliance, and other clients.
wolterskluwer.com/company/about-…

The agent’s address, which is used by more than 285,000 companies, is known as an epicenter of U.S. corporate secrecy.

The Clinton Foundation also has three shell companies in Delaware, according to its amended financial disclosures released last year.

One is the Acceso Fund, LLC, which was registered by the Corporation Trust Company at 1209 North Orange Street in 2009.

The Clinton Foundation has used the company to funnel money to its Colombia-based private equity fund, Fondo Acceso.

Another Clinton Foundation company, Acceso Worldwide Fund, was registered in 2013 by the Corporation Services Company, also located in Delaware.

A third company, the Haiti Development Fund, LLC, was registered in 2010 by National Corporate Research, Ltd, located in Delaware.

According to a report by the Institute on Taxation and Economic Policy, Delaware’s popularity as a hub for shell companies is “responsible for the loss of billions of dollars in revenue in other U.S. states.”

Payments from Hillary for America, Clinton's former campaign committee, to ZFS began post election.
The first transaction to ZFS was made on May 4, 2017 in the amount of $32,929.28, nearly six months after Trump had defeated Clinton. Each payment to ZFS was marked as “rent.”

The campaign has pushed $149,456.78 to ZFS Holdings since early May of last year, and they’re still going. https://t.co/ukTaIC8PkOfec.gov/data/disbursem…

Oddity: The “rent” payments were directed to Clinton's LLC despite the campaign making no such payments—or any other payments—to the entity throughout the entirety of the 2016 election cycle, according to the @FEC.

The FEC sets guidelines re: how candidates’ committees may spend campaign funds. “Other than the prohibition on personal use, there are few limitations.” Punishments for violating the prohibition on personal use range from substantial fines to possible prison time.

candidates may use unused funds for: donating money to a recognized charity, contributing to the campaign committees of other politicians, giving to a federal, state, or local party activity, or disbursements for winding down the campaign.ballotpedia.org/FormerWhat_can…

“So the question is whether this is really for ‘rent’ or whether the payments are to this entity for other types of work for Hillary, which would be personal use if it isn’t specifically tied to the winding down of the campaign.”

Clinton’s campaign made an $800,000 ‘contribution’ to Onward Together in early May of last year. The donation occurred on May 1, 2017: three days before the “rent” payments were first disbursed to ZFS Holdings.

Ahhh, the smell of corruption in the morning.

Sources:
https://t.co/KO4lDtWiJ8
https://t.co/emtO9EXRWv
https://t.co/VNt2JM9RSy
https://t.co/ghNikSg8xi
https://t.co/FixbV07CtG
https://t.co/tOSOEcomupfec.gov/data/disbursem…
docquery.fec.gov/cgi-bin/fecimg…
fec.gov/pdf/candgui.pdf
ballotpedia.org/What_can_polit…
docquery.fec.gov/cgi-bin/fecimg…
icis.corp.delaware.gov/ecorp/entityse…
appext20.dos.ny.gov/corp_public/CO…

More Sources:
https://t.co/FUXe47GCJq
https://t.co/rX5E0aHNAf
https://t.co/5xe7Qb2jul
https://t.co/9V4k8tHPNv
https://t.co/n7BGgLEXBr
https://t.co/75BGgRbCa0apple.news/AFdFaexs0S6yj1…
scribd.com/document/38360…
freebeacon.com/politics/57-cl…
apple.news/AANr2gs3GSm2kP…
apple.news/AFdFaexs0S6yj1…
apple.news/A2OZabVv9QciTq…
apple.news/A1ETBdIxUQB63O…

WILL THE @FEC REPORT THESE FINDINGS? Sick of it. What the hell is the definition of “personal use” and “illegal”, eh? FFS!

#Deloitte 🔺🔻#WoltersKluwer

Good thread.