“In the year after Hillary Clinton’s presidential defeat, donors seemed to abandon the Bill, Hillary and Chelsea Clinton Foundation, with contributions plummeting nearly 58 percent.
The $36 million nosedive in donations has come to light as Republican legislators plan to hold hearings on the results of a federal corruption investigation into the non-profit next month.
Federal authorities have long been probing the non-profit over allegations of “pay to play.” Specifically, the FBI investigation focused on whether any donations made to the foundation were linked to policy decisions made while Hillary Clinton was secretary of state from 2009 to 2013, according to published reports.
The foundation has vigorously and repeatedly denied any wrongdoing.
Contributions plunged from $62,912,331 in 2016 to $26,566,825 in 2017, recently released federal tax filings show.
Revenue from speeches given by the Clintons also fell from a high of $3.6 million in 2015 to just under $300,000 in 2017. In 2016, during the presidential campaign, the non-profit took in no earnings from speeches, tax filings show. (Read more: The New York Post, 11/24/2018)