Joe Biden’s Cancer Charity Was A Scam
Quote:
Nearly two-thirds of the money the Biden Cancer Initiative spent since its founding in 2017 went toward staff compensation and six-figure salaries for top executives. The group spent far less on efforts to eradicate cancer.
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. That is well above the 25 percent charity watchdogs recommend nonprofits spend on administrative overhead and fundraising costs combined.
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—$740,000—was poured into conferences, conventions, and meetings. It did not cut a single grant to any other group or foundation during its two-year run...
https://freebeacon.com/2020-election...dicate-cancer/
This is just the latest Biden financial scam to be exposed. The others we know about to this point center around Joe’s family and make the million$ here pale into insignificance next to the $1.5 billion Hunter scored from China and the $1.5 billion his brother scored from American taxpayers building Iraqi housing on our dime despite zero experience as a builder. There are others in the hundreds of thousand$ hardly worth mentioning against those paydays though.
He is said to have set up some more “charities” in the short time he was off the government teat. We are waiting for an accounting on those. Keep in mind that Joe spent his life as a government servant, yet he is living in the second of his two mansions built by the DuPonts. Just lucky I guess.
