Foreign Policy Whiz KidBiden
...Candidate for president in 2020. When the stock market crashed, Franklin Roosevelt got on the television and didn't just talk about the princes of greed. He said, 'Look, here's what happened.'...
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 B.O. regime, saw his salary nearly double from the $224,539 he made in fiscal 2017, tax filings show.