Share and Follow
The Beau Biden Foundation spent less than $750,000 in 2020 on its purported mission despite raking in nearly $4 million in donations the same year.
The New York Post reported that the Delaware-based charity, which was started in honor of President Joe Biden’s late son, received an infusion of $1.8 million from the Biden Foundation — started by Joe and Jill Biden — prior to that organization ending operations before Joe became president.
The Beau Biden Foundation also received more than $200,000 in charitable donations from entities that are tied to a top political donor of the president.
Reportedly, the charity spent just over $500,000, in 2020, towards its stated purpose of protecting children from abuse, according to tax filings.
The charity spent an almost equivalent amount that year in paying six-figure salaries of longtime Biden associates who hold executive-level jobs at the Beau Biden Foundation. This includes Patricia Day Lewis, who served as Delaware deputy attorney general during Beau Biden’s tenure as the state of Delaware’s Attorney General. Lewis currently runs the non-profit and, as of 2020, receives an annual salary of over $150,000.
Joshua Alcorn, a Democratic operative with a long resume who has also worked as a consultant on campaigns for both Joe and Beau Biden, served as the COO of the non-profit, in 2020, and received $131,437 in compensation. He has since left this role.
Hunter Biden, the middle-aged trouble child of the Biden family, also previously served on the board of the Beau Biden Foundation.
Currently, Hallie Biden, with whom Hunter had a prolonged affair after the death of his brother, is the only member of the Biden family serving on the board.
The board also features former FBI director Louis Freeh.
CharityWatch, a watchdog group, stated that non-profits that receive its highest ratings generally spend at least 75 percent of their annual budget on their charitable giving programs. The Beau Biden Foundation, in this case, only dedicated 58 percent of its spending to its mission.
Laurie Styron, the executive director of CharityWatch, said, “A 58 percent ratio does not reflect a high level of financial efficiency.”
The non-profit said that following the 2021 inauguration of Joe Biden, in a bid to increase transparency, it would no longer take money from lobbyists or foreign donors and would release the names of its major contributors.
Currently, the Beau Biden Foundation conducts virtual and in-person workshops for adults starting at $500 a session and holds sessions for children focusing on topics like bullying and internet safety.
Source: TheBlaze
