Carly is "not a model of transparency."

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COMMENTS: 
*  GOP is big on trappings and appearance, with no underlying substance required. Leave it to them to find a way to serve their own interests and possibly ONLY their own interests by using such gimmicks - as you pointed out, how do we know where money is going or even if it is. It may well have started out with the most noble of intentions, but if there were real transparency in our legislative process, an apt name for this one would be The Charitable Tax Break Shell Game.
*  It takes a Republican to list a tax shelter as a resume bullet.
*  This lady is just a pack of lies.  I wonder if her name is really Carly Fiorina.
    *  Cara Carlton Sneed, who married Frank Fiorina. At some point in her life, she started preferring to be call Carly. I don't disapprove FWIW, since Carly would make her stand out a bit more than Cara.
*  The "Fiorina Foundation" is a an unpublished Asimov manuscript.  In it, Hari Seldon was homeschooled in Texas, resulting in the 10,000 year loss of civilization for lack of a plan.
*  You know, this doesn't surprise me one bit. She can mouth compassion and caring, but one has to be made out of wood not to see AND feel that lie.  She doesn't hold the thrill of She From the North for fans of that sort of thing. She lies like a Walker. She doesn't understand what's happening in the world, or why. The policies she verbalizes are atrocious. She comes across as cold in general and syrupy on patriotism which is clearly seen and heard.  She's not going anywhere near the WH. And we must make sure of that.  Snarly Failorina. I dislike her even more than I dislike She From the North. 
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Carly Fiorina padded her resume by 'chairing' a foundation that doesn't exist
By Laura Clawson, October 5, 2015

As Carly Fiorina tried to put a good spin on the aftermath of her failure as Hewlett-Packard CEO, her 2010 Senate campaign website described her as "Chairman of the Fiorina Foundation." Problem being that, as Olivia Nuzzi explains, there's no such thing as the Fiorina Foundation, which seems to be what Fiorina chose to call a very different type of arrangement:

What Fiorina calls the Fiorina Foundation is in fact the name of the account she and her husband, Frank, have with The Ayco Charitable Foundation, a so-called “donor-advised fund,” through which they distribute undisclosed sums to undisclosed recipients at undisclosed times.

This seemed to be news to Fiorina’s own campaign, the deputy manager of which, Sarah Isgur Flores, repeatedly assured me that the Fiorina Foundation is a private foundation before following up to say that she had made a mistake.

Donor-advised funds are the sort of financial arrangement only used by rich people; they are "essentially holding cells controlled by money managers that permit donors to fork over cash or assets which they want to donate, immediately reap the tax benefits, and then determine later what charitable causes they actually want to give to." What's more:

They lack a so-called payout obligation—meaning that by law, there is no set time frame for when money has to leave the donor-advised fund and be put to actual, charitable use, unlike private foundations which are required to donate at least 5 percent of their assets annually. Feasibly, whatever is in Fiorina’s account could remain there for generations without ever being donated to charity—and nobody would know.

Fiorina might be giving tons of money to noble causes, or whatever passes for a noble cause in her mind. But voters have no way of knowing that, and her campaign doesn't seem to know the first thing about what's going on with the donor-advised account that, as of her last campaign, she was falsely describing as a foundation. Which doesn't exactly make you confident that Fiorina is a model of generosity, and makes you sure she's not a model of transparency. One of the headlines you'll see about this issue is that the fund Fiorina has her money with has paid out significant amounts of money to Planned Parenthood; we know this because the fund reports all its payouts, though it doesn't identify whose money went to which organization. If you want it to be, the story can be that Fiorina is doing business with a fund that's doing business with Planned Parenthood. But to me it seems more important that we just have no way of knowing what she is doing.

12:27 PM PT: Fiorina called for federal defunding of Planned Parenthood on Monday, saying that "unless something fundamental changes, that we stop funding these people with taxpayer dollars, that they are actually investigated and prosecuted, the reality is nothing’s really going to change." Instead women's health should be funded entirely through donor-advised funds, maybe?
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