So, Hillary Clinton gets from about $200,000 to $250,000 for speaking at a university for an hour or so, basically a stump speech.
But Hillary didn’t “profit” from her speaking fees, since she donates them to the Clinton Foundation.
Hmmm…. purely altruistic, of course.
Mind you, by making a charitable donation to the foundation of say, $1mm or so in cumulative fees, she gets a whopping income tax deduction that nicely offsets some of the taxable income from the advance she received for the book she sold.
Also, foundations typically pay their officers a tidy little salary. The IRS has been getting a tad more inquisitive lately on some foundations, but one suspects that the Clinton Foundation hasn’t come under much scrutiny on that front.
Foundations also quite often pick up a lot of “expenses” that their officers incur in the course of their foundation duties. That’s normal and reasonable usually. But one again suspects this is an area that might have been abused a bit in the Clinton’s case.
And let’s not forget the real purpose of the Clinton foundation isn’t to do good, but rather to serve as a slush fund for the Clintons to pay out to favored supporters.