Bubba’s foundation is also rife with cronyism according to a recent NYT investigation.
WASHINGTON – Bill Clinton’s foundation has spent more than $50 million on travel expenses since 2003, an analysis of the non-profit’s tax forms reveal.
The web of foundations run by the former president spent an eye-opening $12.1 million on travel in 2011 alone, according to an internal audit conducted by foundation accountants. That’s enough to by 12,000 air tickets costing $1,000 each, or 33 air tickets each day of the year.
That overall figure includes travel costs for the William J. Clinton Foundation (to which Hillary and Chelsea are now attached) of $4.2 million on travel in 2011, the most recent year where figures are available.
The Clinton Global Health Initiative spent another $730,000 on travel, while the Clinton Health Action Initiative (CHAI) spent $7.2 million on travel.
CHAI also spent $2.9 million on meetings and training, according to the report, conducted by the Little Rock, Ark. Accounting firm BDK CPA’s and Advisors. All three entities have global reach, while CHAI has the most staff.
It’s impossible to discern from tax filings how the total travel costs were reached, although the former president is known to rack up his personal miles on private jets.
Wealthy businessman John Catsimatitis has lent aircraft to Clinton and to the foundation multiple times for travel, including Clinton’s recent trip to Africa along with daughter, Chelsea.
Clinton sometimes uses Catsimatitis’ Boeing 727, opting on other flights to use a smaller Gulfstream jet.