Report: Biden’s Foundation Gave out Huge Paydays to Family and Friends, But Only a Fraction Went to Help Kids
A foundation named for President Joe Biden’s late son Beau is spending far less than what a top charity watchdog says should be spent on its mission. The Beau Biden Foundation for the Protection of Children took in $3.9…
A foundation named for President Joe Biden’s late son Beau is spending far less than what a top Charity watchdog says should be spent on its mission.
The Beau Biden Foundation for the Protection of Children took in $3.9 million in 2020, but spent far less than that on Children, according to the New York Post.
CharityWatch, a watchdog group, says top-rated nonprofits put at least 75 percent of what they collect into programming.
The Beau Biden Foundation used 58 percent of its funding, $544,961, for actual programs.
“A 58 percent program ratio does not reflect a high level of financial efficiency,” said Laurie Styron, the executive director of CharityWatch.
The 2020 information accessed by the Post showed that Patricia Dailey Lewis, formerly deputy attorney general for Delaware when Beau Biden was the attorney general, was paid $150,660 to run the Charity