Posted on 10/24/2020 9:47:49 AM PDT by CheshireTheCat
A few days before the 2016 presidential election, outgoing Vice President Joe Biden and his wife, Jill, announced the formation of the Biden Foundation. “The Biden Foundation is an educational foundation dedicated to exploring the ways that everyone—no matter their income level, race, gender, age, or sexuality—can expect to be treated with dignity and to receive a fair shot at achieving the American Dream,” read the nonprofit’s press release dated November 5, 2016.
In the span of several weeks, the nonprofit quickly was seeded with millions of dollars in donations. A year-end disclosure report for 2016 showed $3.4 million in contributions; the group spent a few hundred thousand on expenses but awarded no grants that first year.
...During its brief three-year history, the Biden Foundation raised nearly $10 million but less than ten percent was awarded to other charities—and half of that meager sum was donated to another Biden-run nonprofit.
Although the Biden Foundation pledged to focus on the couple’s pet projects, a very small portion of the Bidens’ largess directly benefited any of those causes. Instead, the charity appears to have funded the Bidens’ pre-primary campaigning for president—most of the charity’s activities involved public speeches by Joe and Jill—while reaching out to key constituencies such as military families and gay rights activists....In fact, even though the Biden Foundation raised $3.2 million in 2018, it donated just $55,000 more to three other nonprofits. The Military Child Education Coalition, a charity based in Texas that assists the families of U.S. servicemen, received a paltry $20,000....
Aside from a handful of minor grants, the Biden Foundation made only one other major contribution in its three-year history; the charity donated $495,323 to the Biden Cancer Initiative, a separate nonprofit created in 2017, two years after Beau Biden died of brain cancer....
(Excerpt) Read more at amgreatness.com ...
I just ran across this report on the Biden Crime Family, they’re into the CCP for over $6 BILLION!
https://www.baldingsworld.com/2020/10/22/report-on-biden-activities-with-china/
How very convenient to be able to donate money from one of your charities to another.
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The ultimate shell game probably where the money no on “ my tax returns” went therefore he does his Clinton weasel defense to avoid answering how he owns 3-4 big homes.
Also Money may go to pay some in these various organization and the they do the “ 50 % to Dad” in cash.
The foundation scam is just another trick DC politicians use to launder dirty money. The expenses these foundations pay to the founders are extensive.
Essentially, those in charge can pay all of their travel expenses, per diem, etc etc. They do the same thing with campaign funds.
DC is a fetid swamp indeed. Too bad half of our country either does not know or does not care.
Sounds very familiar, something like the Clinton Global Crime Initiative Foundation. Big salaries, travel, and expenses for the officers and nothing out the door for actual charity.
Essentially, those in charge can pay all of their travel expenses, per diem, etc etc. They do the same thing with campaign funds.
DC is a fetid swamp indeed. Too bad half of our country either does not know or does not care.
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That’s why they also ask for political contributions, retire set up
An office even in their home and dip into those funds for travel, etc to find more scams
This is what the whole Biden story is about. Joey as Barry O has said “ will find a way to F it up”. He’s done that and all sides of the aisle have members who have been wetting their beaks through similar or more creative scams for years
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