Biden Cancer “Charity” Spent Millions on Salaries, Zero on Research

#1

golfballs

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#1
Tax filings reveal Biden cancer charity spent millions on salaries, zero on research

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.



Simon, a former Pfizer executive and longtime health care lobbyist who headed up the White Houses’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.
 
#8
#8
#15
#15
This is the dirty secret to most political and celebrity foundations and charities...they take in money and give it to their friends' foundations...of course skimming a little off the top and no one dares investigate them

I always love it...”Hi. I’m super rich and famous, but we have a real problem. Please (average American with limited means) Donate to the foundation that I set up (but don’t actually contribute to) to solve it.”
 
#19
#19
Although the organization is still officially active, according to the IRS, Simon said in a 2019 interview that without the Bidens at the helm, the charity lost its edge.

“We tried to power through but it became increasingly difficult to get the traction we needed to complete our mission,” he told the AP in July 2019.
Translation: We couldn't get enough donations to keep paying me $400k a year to do nothing, so we stopped.

They had $2.1M in net assets to end the 2018 year, and wound up at $7k the following year. All of that cash went into salaries and conference expenses. Spending $740k on conferences with two chairs and five paid employees is a pretty incredible feat. At least they were able to drain the charity before they lost all that traction.

Would be pretty interesting to see who the contributors were. My guess corporate money being funneled in to run this noble enterprise.
 
#22
#22
So the New York Post has moved from Hunter Biden to the Biden Cancer Research Center? So was the Hunter Biden story a dud? Next time, just post an article from the National Enquirer.
Nah. Its just that smoking crack and not being a good father isn't really something you folks find problematic.
 
#23
#23
This is the dirty secret to most political and celebrity foundations and charities...they take in money and give it to their friends' foundations...of course skimming a little off the top and no one dares investigate them
And claim deductions on their taxes
 

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