Charity watchdogs might call the Joe Biden Cancer Initiative a scam. It raised and spent millions, mostly on executive salaries, while giving precious little to established groups that are actually trying to fight the disease
.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.
The bottom line is that Biden Cancer Initiative spent 65 percent of its budget on executive compensation. Charity watchdogs like Charity Navigator recommend that 25 percent of a charity’s budget be spent to pay executives. The Biden charity was not in business to cure cancer. It was set up and run as just another cog in Biden’s presidential campaign apparatus. https://pjmedia.com/news-and-politics/rick-moran/2020/06/25/biden-cancer-charity-paid-execs-millions-but-didnt-spend-much-fighting-cancer-n576207
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