Norway Slashes Clinton Foundation Donations By 87% As Political Clout Dries Up

Tyler Durden's picture

For months we've been told that the Clinton Foundation, and it's various subsidiaries, were simple, innocent "charitable" organizations, despite the mountain of WikiLeaks evidence to the contrary.  Well, if that is, in fact, true perhaps the Clintons could explain why wealthy foreign governments, like Norway, are suddenly slashing their contributions now that Hillary's political clout has been erased?

As the Norwegian newspaper Hegnar points out, Norway is expected to slash their contributions to the Clinton Foundation by 87% now that Hillary has lost the presidency.  After contributing roughly $5mm per year to the Clinton Foundation between 2007 - 2013, the Norwegian government decided to boost their donations to ~$15mm and ~$21mm in 2014 and 2015, respectively.  Ironically, that boost in contributions corresponded with Hillary's decision to run for President in 2016...but we're sure it's just a coincidence.  That said, it is fairly interesting that, since Hillary's loss, Norway has decided to scale back their contributions by 87% in 2017...hmmm.

After a record contribution from Norway to the disputed Clinton Foundation before the election year, is the contribution now in freefall. Financial newspaper can tell that next year's contribution is down 83 percent from the peak year of 2015.

 

For 2016, the planned payments to Clinton Health Access Initiative totaling 35.9 million kroner, writes communications advisor Guri Solberg at the Foreign Ministry, in an email to Finance newspaper.

 

It is one-fifth of last year's contribution, when nominating election campaign before the US primaries was in full swing, and the Clinton Foundation came under the spotlight in the US press.

 

According to Finance newspaper lay the annual Norwegian contribution of NOK 40 million on average from 2007 to 2013. In 2014, the contribution more than tripled, to 129 million. And in 2015 they increased to 174 million.

 

The money has gone to two of the Foundation's programs, primarily Clinton Health Access Initiative (CHAI), but also the Clinton Climate Initiative (CCI).

 

For 2017 it is planned payments to Clinton Health Access Initiative 23 million, Solberg wrote in an email to Finance newspaper. It is further down 36 percent from the current year. By comparison, ran this program 169 million in 2015.

As Hegnar further notes, Norway was the third largest contributor to the Clinton Foundation after Saudi Arabia and Australia, followed by a number of Arab Gulf states, which is confirmed by the Foundation's website:

Clinton Foundation

 

But, as the NY Post points out this morning, wealthy foreign governments aren't the only ones backing away from the Clinton Foundation as overall donations plummeted 37% YoY in 2015 just as the "pay-to-play" scandals started to surface.

Donations to the Clinton Foundation nose-dived last year amid Hillary Clinton’s presidential run, pay-to-play allegations, internal strife and a black mark from a charity watchdog.

 

Contributions fell by 37 percent to $108 million, down from $172 million in 2014, according to the group’s latest tax filings.

 

The cash plummeted as Hillary Clinton left the nonprofit in April 2015 after announcing her ill-fated candidacy. The foundation became a major issue in the race, with Donald Trump vowing to appoint a special prosecutor to investigate it.

 

Not only did contributions drop, but so did revenue the Clintons brought in from speeches. That income fell to $357,500 from $3.6 million in 2014.

 

By the time the foundation’s Clinton Global Initiative held its annual conference in September 2015, many donors had bailed, including Samsung and ExxonMobil.

With their power base eroded, the Clinton's will need to double down on their efforts to get Chelsea elected to that NY Congressional seat asap

Chelsea

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Cognitive Dissonance's picture

It should be changed to "Pay to Go Away".

bamawatson's picture

oh well, shrinkage of bill's norwegian wood

wintermute's picture

What's the 13% for? To pay for previous plays?

LowerSlowerDelaware_LSD's picture
LowerSlowerDelaware_LSD (not verified) wintermute Nov 20, 2016 9:14 PM

Let the class action lawsiut begin!!!

False promises of pay-for-play.

 

zorba THE GREEK's picture

Slash donations? Someone needs to slash the slut's throat!

Upper, quicker Delaware.

Killer the Buzzard's picture

But.. but.. but... doesn't Norway care about the Haitian kids?

Whoa Dammit's picture

When the Foundation goes down the insiders are going to take the canklet Chelsea down. She didn't make too many friends there.

The Saint's picture
The Saint (not verified) Whoa Dammit Nov 20, 2016 10:05 PM

Geez!  Who could have seen that coming?  LMAO

 

robertsgt40's picture

I wonder when the "clawbacks" start? Ya  know like Qatar and the Saudis.

jmack's picture

WAIT A MINUTE... YOU MEAN IT WASNT FOR THE CHILLDRENS' ???

 

   i AM EMAILING CHRISSY MATTHEWS RIGHT NOW!!!!

Boris Alatovkrap's picture

Implosion of Clinton Family Foundation and foreclosure of Clinton Library is exciting to watch, but Boris is seriously take worry for procurement of Uranium for Russia…

Nylsaar's picture

Boris should be glad Russia will not be getting their uranium one payload at a time.

monk27's picture

Well, what's the point of paying if there's gonna be no "play"... ?!

VD's picture

all the top plastic surgeons after innumerable surgeries could not make Chelsea attractive......but its the ugliness inside that should be worrying; here's hoping her political career is DOA...

sun tzu's picture

I wonder who will kill the Clintons first...the Joo mafia or the Muslim mafia. They poured in millions expecting great things to happen under the Shitlery presidency.

FX223's picture

The 13% is so not to make it obvious that the whole Clinton Foundation isn't a scam.

I hope some more dangerous folks out there ask for their money back...then see who ends up nail gun accedented.

RiverRoad's picture

Ol' Hillary's going to need a few more of those $100,000.00 a plate dinners at the Rothschild's house....

Pie rre's picture

They didn't want to appear obvious.

WestVillageIdiot's picture

They can't just quit cold turkey.  That would look bad.  Next year they will pull their funding completely.  Their PR firm told them this would look less bad. 

Any bets on whether both Bill and Hill are still alive at this time next year?  Both are looking like they are getting Christmas cards from the Reaper this year.  Scratch that.  I meant Holiday cards.  I don't want to offend all of the hate-filled Religious Left. 

Angus McHugepenis's picture

Yes, I bet they are both not long for this world along with Bernie. Hillary looks like a can of smashed assholes without face putty. Her "episodes" of collapse were far more serious than mere flu or pneumonia, or whatever.

Miffed Microbiologist's picture

Soon she will no longer be able to afford the fresh fetal part frappe infusions that keep her animated. That may cause serious enough facial craters even the best pancake makeup can not trowel over.

Miffed;-)

Mustafa Kemal's picture

There is a Japanese horror short along those lines, I think called Dumplings. Its kinda spooky

Joe Mama 3's picture

Bern got T.P.S. tribal protection status

BabaLooey's picture

Where's Eunuch Lugee Larsen????

I bet he's svavorting and bijorkling over this outrage!

 

WestVillageIdiot's picture

You just know the little pussy is off somewhere feeling offended, or guilty. 

nmewn's picture

The Norwegians front running Moroccans with this nuuuz seems sorta razzzist to me.

But what the hell do I know? ;-)

Raffie's picture

Norway should slash her.

 

Griffin's picture

Smart move by the Norvegians.

AlexCharting's picture

Why did they slash the funding? It is not like they were expecting anything in return for cash... right? :P

NoPension's picture

But...but....the children....what about all the children?

Nobodys Home's picture

Ah..We got plenty of em in the basement.

Cluster_Frak's picture

No more bribes from Norway. These scandinavian countries always potrey themselve as champions of equal rights and good manners, and yet they are as corrupt as African countries. Fucking hypocrites.

Cruel Joke's picture

This is bad - but not quite as corrupt as some African countries.

Do you really think that our ex-PM (Jens Stoltenberg) could have
made it to the top position of NATO any other way? This
explains a few things.

I was not aware of this - but I'm not that surprised, 'The Economist'
has Norway down as the most corrupt country in Scandinavia.
Corruption levels in Scandinavia are pretty low but this Clinton
Foundation pay-to-play scheme is pretty rancid.

You will have to excuse me, I have to go and find out how much
these a-holes has "contributed" to the Soros NGOs. I'm pretty
sure they have ...

King Tut's picture
King Tut (not verified) Nov 20, 2016 9:04 PM

Another bunch of yoyos lucky enough to be living on a massive amount of oil

nmewn's picture

Wut?

Does this mean the Klinton Klan will not be able to keep 94% of the hundreds of millions in donations anymore?

Son of Loki's picture

Hillary will need that money. It's rumored the prison gaurds will probably want $$$ to keep her food free of rat poison.

nmewn's picture

We should take up a collection here at the Hedge in order to make a "charitable contribution" to the guards for a counter offer ;-)

FX223's picture

Send me the link to the gofundme campaign.

nmewn's picture

On second thought, some things are better left in the nebulous realm of "I don't recalls"...for plausible deniability of course...lol.

cheeseheader's picture

Yes, I'm thinking of something of the order of a 'disappearance' counter offer....

 

Of course, since since willy and billary are rarely in their own residence at the same time (trips to the us v islands, for example, to interrupt things, doncha know), makes logistics a bit more complex, we can only talk to the praetorian guards for a vacation on one or both to enable such suitable solutions to take effect.

Hope this makes sense, since I'm on my fourth berverage....

 

nmewn's picture

Delia Surridge: Oppenheimer was able to change more than the course of a war. He changed the entire course of human history. Is it wrong to hold on to that kind of hope? 
V: I have not come for what you hoped to do. I've come for what you did. 

Nobody For President's picture

Another greenie for 'my fourth berverage'...

If it was a typo and not deliberate, TWO greenies!

(Maybe because I'm on my ah, just a minute, ah sicth or seventh berverage, but it's only wine, so that only  counts as half.)

db51's picture

Why the fuck are they donating anything is my question?

King Tut's picture
King Tut (not verified) db51 Nov 20, 2016 9:08 PM

Like the House of Saud, the Norwegian .01% have more $ than they know what to do with.