<p class="p1"><span class="s1">Joe Biden’s cancer nonprofit spent more money paying its executives than researching cancer, spending 65% of its total earnings on salaries, compensation, and benefits. </span></p>
<p class="p1"><span class="s1">Charity watchdogs recommend spending no more than 25% of earnings on administrative overhead and fundraising efforts combined. </span></p>
<p class="p1"><span class="s1">The Biden Cancer Initiative was established in 2017 as a continuation of the Obama Administration’s Cancer Moonshot program. The initiative ran for just over two years, collecting a total of $4.8 million. More than $3 million of that total went to salaries and benefits and </span><span class="s1">$470,000 was spent on conferences, conventions, and meetings.</span></p>
<p>This leaves little money for cancer research.</p>
<p>According to the nonprofit&#8217;s president, Greg Simon (who also worked for the Moonshot program), most of the charity&#8217;s efforts to form medical partnerships were &#8220;not successful.&#8221; The initiative did<span style="font-family: -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Oxygen-Sans, Ubuntu, Cantarell, 'Helvetica Neue', sans-serif;"> not provide a single grant to an outside organization, yet Simon was </span><span class="s1">paid more than $650,000. Simon&#8217;s</span><span class="s1"> VP, who also worked for Moonshot, </span><span class="s1">collected over $390,000. </span><strong><span class="s1">The average annual salary for a chief executive of a mid-to-large-sized nonprofit is $126,000.</span></strong></p>
<p class="p1"><span class="s1">—</span></p>
<p class="p1"><span class="s1">The Biden Cancer Initiative is yet another example of how the former Veep allows associates and family members to profit from his position. Other examples include: </span></p>
<ul class="ul1">
<li><span class="s1">Hunter Biden (Joe’s son): won a bogus position serving on the board of an energy company in Ukraine. He was paid $50,000 per month despite having no experience in the industry. </span></li>
<li><span class="s1">James Biden (Joe’s brother): worked for a construction firm that was granted a $1.5 billion contract to build homes in Iraq while Biden oversaw Iraq policy.</span></li>
</ul>
<p class="p1"><span class="s1">The Biden Cancer Initiative will be a great campaign issue for the next debate and we can expect Biden to distract from the real questions by reminding us that his son died of cancer. </span></p>