If you need to launder some money …
Ξ November 20th, 2020 | → | ∇ 2020 elections, Joe Biden, MSM, corruption, demwits, loser, lying media, politics |
… a foundation is a good place to start.
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 “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. But it 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.
All legal grifting. Now Joe Biden really is peanuts compared to the Clinton Foundation. Clinton Foundation over the years have taken in god knows how much money but have paid out 10% to recipients. That’s how it’s done Joe. Don’t be so greedy and kill the goose that layed the golden egg!
Jack wants a Foundation but none of those foreign countries will return his calls. He has no influence to peddle!