Tax filings reveal Biden cancer charity spent millions on salaries, zero on research

New York Post ^ | 11/14/2020 | Isabel Vincent

[aimhigh]

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.

[aimhigh]

Article delayed until after the election??

[Reno89519]

Nothing to see here, move along.

[kiryandil]

You'll only see this in the New York Post.

The rest of the Media will label it as "a conspiracy theory" [if they mention it at all], and smother it with a pillow.

[null and void]

The rest of the Media will label it as "a conspiracy theory" [if they mention it at all], and smother it with a pillow.

History has shown you can smother a Justice, but you can't smother justice itself.

[Fungi]

Similar to the Clinton Foundation, it only exists to enrich the Clinton Crime Family, nothing more. Welcome to the club, Jackass Demented Joe.

[goodnesswins]

Typical leftist

[kiryandil]

    

Sorry, Justice Scalia. It was funny.

[MAGAthon]

same goes for Obama and, if Joe gets in (don’t let it happen), the money will flow once more for Obama and Hillary:

17 July 2020: Chicago Sun-Times: Obama Foundation contributions dropped in 2019; ***top staff pay increased, fundraising costs jumped
The foundation is also increasingly dependent on gifts from corporations and other foundations rather than from individuals, newly released records show.
By Lynn Sweet
Obama Foundation contributions dropped in 2019 for the second year in a row, while pay for top staffers increased and fundraising costs almost doubled, according to financial documents released Friday.
The foundation also increasingly depends on gifts from corporations and other foundations rather than from individuals, records show.

The foundation on Friday posted its annual report and Internal Revenue Service Form 990, which provides more details. The IRS 990 is filed annually by tax-exempt organizations and must include information about their highest-paid employees and contractors.
Headquartered in Hyde Park, the foundation raises money to pay for programs in the U.S. and around the globe and to build the Obama Presidential Center in Jackson Park...

• Obama faces a formidable fundraising challenge. The Obama Center alone is estimated to cost at least $500 million to build. According to the Obama Center city ordinance, before construction can begin, the foundation has to certify to the city it has the funds or pledged gifts that in “the aggregate equal or exceed the Projected Total Construction Costs of the Presidential Center.”...

The foundation in 2019 paid seven fundraising firms — in New York, California, Massachusetts and Washington — to develop fundraising strategies and programs to cultivate and solicit donors.
That report also shows the Obama Foundation is looking for contributions from beyond the U.S. — in Europe, South American, East Asia and other Pacific regions...READ ON
https://chicago.suntimes.com/columnists/2020/7/17/21329085/obama-center-foundation-contributions-dropped-2019-staff-pay-fundraising-jackson-park

13 Dec 2018: Open Secrets: Clinton Foundation’s revenue hit 15-year low after 2016 presidential election
By Anna Massoglia
The Clinton Foundation reported total revenue of $38.4 million for 2017, the fewest dollars the foundation has taken over the course of a fiscal year in more than a decade — and a sharp decline from the $249 million raised during Clinton’s first year as secretary of state...
https://www.opensecrets.org/news/2018/12/clinton-foundation-revenue-low/

14 Nov: UK Independent: Biden considers Hillary Clinton for UN ambassador role
by Namita Singh
Ms Clinton, who lost to Donald Trump in the 2016 presidential election, is “being discussed” as a potential pick for the role, according to the Washington Post...

[SuperLuminal]

Same thing can probably be said about most charities...

[MinorityRepublican]

Is hunter biden the CEO?

[Dilbert San Diego]

This sounds like a racket or a money laundering scheme.

They set up a charity devoted to a particular humanitarian cause, and collect donations. But after paying inflated salaries to charity officials, there is no money left over to fund the charitable work the charity is supposedly doing.

This sounds very fishy.

[CitizenUSA]

You no longer need to slide money under the table to politicians. No. You give money to their foundations, pay them handsomely for book deals, speeches, and to sit on boards, and you hire their children and family into lucrative jobs. All legal but highly immoral in my book.

It’s as plain as the nose on your face. Millions $ to the Obamas to consult on Netflix, Bush daughter Jenna on the Today Show, Clinton Foundation with millions $ from foreign governments drying up right after Trump won, etc..

Go along with the Swamp and your family and friends will be well taken care of. Resist (if your powerful enough to threaten their hold on government) and they’ll throw everything they have at you: malicious prosecution, civil suits, lost jobs and careers...

No wonder Trump was public enemy number one. He threatened their lucre. We, of course, are a close second on the enemy list. What’s in store for the Trump family if he ultimately loses? Wait and see how magnanimous the left is in victory. (Hint: not at all!)

[Gasshog]

Rats run Non Profits to do the laundry.

After all the right palms are greased, the NFP goes bankrupt a la Solyndra

[Fungi]

It is a racket, a money laundering racket. Foundations are only required to pay a nominal yearly amount to charity—I believe it is five percent but I could be wrong—all the while their bottom line continues to grow. It's a scam, established to benefit former politicians. The Reece report on foundations. https://archive.org/details/DoddReportToTheReeceCommitteeOnFoundations-1954-RobberBaron

[existentially_kuffer]

Imagine what Biden will do to the country with tax revenue.

[Old Yeller]

Biden is the new word for scam.

[caww]

Biden is the new word for ‘scum’ and so is his family.

[Deaf Smith]

Plugs, Hussein and the Hildabeast could learn from BLM as to how to shake down corporations for $2 billion + in less than a year.

[caww]

Bidens crime family can't wait to get their hands in the pie!

There's a reason crooks all wear masks!

[caww]

I’m more concerned about what the bankers will do he wants to bring on board....thinking of pulling funds if this creep and his crooked family get in.