The Lifestyle Charity Fraud | Coyote Blog
You know, like the Clinton Foundation. The IRS should only be allowed to extend 501(c) status to charities to which 85% of money's received are passed through to the specific charitable goal. If for profit insurance companies can run their business with an 80% pass through rate, non-profit charities can do so at 85%.
The 80/20 Rule: How Insurers Spend Your Health Insurance Premiums