Tax filings reveal Joe Biden’s charity, the Biden Cancer Initiative, spent more than $3 million on salaries and zero on actual cancer research.
The majority of the millions of dollars raised went to payroll rather than cancer research.
The New York Post reported:
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 “develop and drive implementation of solutions to accelerate progress in cancer prevention, detection, diagnosis, research and care and to reduce disparities in cancer outcomes,” according to its IRS mission statement. But it 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.
Simon, a former Pfizer executive and longtime health care lobbyist who headed up the White House’s cancer task force in the Obama administration, saw his salary nearly double from the $224,539 he made in fiscal 2017, tax filings show.
Danielle Carnival, former chief of staff for Obama’s cancer initiative, the Cancer Moonshot Task Force, who took home $258,207 in 2018.
The charity spent $56,738 on conferences and $59,356 on travel that year. The following year, the travel expenditure swelled to $97,149, and the non-profit spent $742,953 on conferences, tax filings show.
Simon had said that the main point of the charity was not to give out grants, and that its goal was to find ways to accelerate treatment for all, regardless of their economic or cultural backgrounds.
In related news:
In a statement released Sunday evening in response to Joe Biden’s cancer announcement, former President Barack Obama absurdly claimed “Nobody has done more to find breakthrough treatments for cancer in all its forms than Joe.”
I'm pretty much of the opinion that all charities are fake and gay, but those started by politicians are an order of magnitude more FAKE and GAY. I think most of them spend something like 95% of their funds on either overhead (their own salaries) or more fundraising, with only 5% actually going toward whatever cause the charity is supposedly endorsing. So zero % isn't really all that surprising.
ReplyDeleteAgreed 100% Don. When I see where a politician has started a "charity" I automatically assume they are slipping funds there underhanded and that 95%+ will end up in the hands of the politician and the board members. The Clinton Foundation would be a glaring example of that principle.
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