Imagine starting a charity for cancer research, but not giving out any grants for research and instead using the money to pay charity board members. From the New York Post:
A cancer charity started by Joe Biden gave out no money to research, and spent most of its contributions on staff salaries, federal filings show.
The Biden Cancer Initiative was founded in 2017 by the former vice president and his wife Jill Biden to help find “solutions to accelerate progress in cancer prevention” and help find a cure, but gave out no grants in its first two years, and spent millions on the salaries of former Washington DC aides it hired.
The charity took in $4,809,619 in contributions in fiscal years 2017 and 2018, and spent $3,070,301 on payroll in those two years. The group’s president, Gregory Simon, raked in $429,850 in fiscal 2018 (July 1, 2018 to June 30, 2019), according to the charity’s most recent federal tax filings.
You can view the 990 yourself here. What a scam LOFL!
Curious how he’s going to cure cancer when he doesn’t even use the money appropriately?......
One of Joe’s other ”charities”, the Biden Foundation, looks a tad better (but not by much). Most of the money raised goes towards salaries as well:
And then you have the Beau Biden Foundation. Yikes......