The nonprofit also incurred expenses for travel and conferences.
QUICK FACTS:
- Documents revealed that between 2017 and 2018, Joe Biden’s cancer foundation spent $3,070,301 on staff salaries while receiving $4,809,619 in donations.
- Included in those salaries was recipient Gregory Simon, the organization’s president, who received $429,850 during the previous fiscal year.
- In those two fiscal years, the Biden Cancer Initiative incurred expenses for travel and conferences totaling approximately $1 million.
- Additionally, the charity spent $56,738 on conferences and $59,356 on travel that year as well as $97,149 on travel the following year and $742,953 on conferences.
THE FOUNDATION’S MISSION AND ACTIONS:
- Biden’s foundation was set up 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.
- However, they gave out no grants in the foundation’s first two years, though it did spend millions on the salaries of former Washington, DC, aides, including Greg Simon, a former Pfizer executive and longtime health care lobbyist.
BACKGROUND:
- Joe and Jill Biden established the organization in 2017 after their oldest son Beau Biden passed away from brain cancer.
- The nonprofit lost its edge without the Bidens in charge, according to Simon in a 2019 interview, even though the IRS states that it is still legally operating.
