Biden cancer nonprofit paid its top execs millions. It spent little to eradicate cancer
Published June 25
One of several nonprofits Joe Biden created following his tenure in the White House, the Biden Cancer Initiative paid top executives lavishly, with salaries comprising nearly 65 percent of its total expenditures
The nonprofit raised and spent $4.8 million over its two years in operation, its 2017 and 2018 tax forms show. Slightly more than $3 million of that amount went to salaries, compensation, and benefits. At the same time, the group spent just $1.7 million on all of its other expenses. A bulk of this cash—$740,000—was poured into conferences, conventions, and meetings. It did not cut a single grant to any other group or foundation during its two-year run.
https://www.foxnews.com/politics/biden-cancer-nonprofit-paid-its-top-execs-millions-it-spent-little-to-eradicate-cancer
Joe Biden’s cancer nonprofit is shutting down July 15, 2019
“Today, we are suspending activities given our unique circumstances. We remain personally committed to the cause, but at this time will have to pause efforts,” said Greg Simon, the nonprofit’s executive director.
While Simon wouldn’t go into detail abut why operations were being shut down, another staffer told the Associated Press that the foundation struggled after Biden and his wife left the nonprofit in April before he became a presidential candidate because of ethics concerns.
https://nypost.com/2019/07/15/joe-bidens-cancer-nonprofit-forced-to-shut-down/