BIDEN'S CAUGHT IN CHARITY RIP OFF!

fishtm2001

Well-Known Member
It’s not uncommon for large nonprofits to pay their CEOs and presidents millions of dollars a year. For instance, the American Heart Association pays its CEO nearly $2.4 million, while the Prostate Cancer Foundation pays its president over $1.3 million, according to Charity Watch. The CEO of the National Rifle Association, Wayne LaPierre, made over $2.2 million in 2018.

990 filings for smaller nonprofits in health care and oncology that are more comparable to the Biden Cancer Initiative show that the top executives receive similar compensation packages:

  • $348,609 for the president/CEO of The Livestrong Foundation in 2018
  • $352,567 for the president of Prevent Cancer Foundation in 2018
  • $580,713 for the executive VP of American Institute for Cancer Research in 2017
  • $617,217 for the president/CEO of The Multiple Myeloma Research Foundation in 2018
  • $655,137 for the CEO of The Milken Institute in 2017
Trump is in no position to gloat on the subject of charities, including those dealing with cancer.

In November 2019, a New York state judge ordered Trump to pay a $2 million judgment for improperly using his Trump Foundation charity to further his 2016 presidential campaign.

In a controversy involving donations for pediatric cancer, Forbes published a report in 2017 stating that, based on filings from the Eric Trump Foundation and other charities, more than $1.2 million “has no documented recipients past the Trump Organization.”

Copyright (c) 2020 The Cancer Letter Inc.
 

Wally

BrownCafe Innovator & King of Puns
  • The Biden Cancer Initiative, the object of coverage here, was a short-lived cancer nonprofit that was launched in New York on June 26, 2017, in the afterglow of the Beau Biden Cancer Moonshot of 2016 (The Cancer Letter, June 30, 2017). The organization ran for two years, suspending operations during the Biden presidential run.
The New York Post is factually correct on one point: The Biden Cancer Initiative funded no research. That’s because, again, it was never intended to.

cancerletter.com
Why are you mixing two different issues? The fact is they raised money for charity purposes but spent most of it on hefty salaries and travel.
 

fishtm2001

Well-Known Member
Why are you mixing two different issues? The fact is they raised money for charity purposes but spent most of it on hefty salaries and travel.
The Biden Cancer Initiative was not a charity.


“The initiative will focus on improving data standards, and giving patients some mechanism to share their data so they can help many other patients going through the same fight, so researchers can use data to find new patterns and new answers, working with community care organizations help improve access to quality care so outcomes aren’t wholly dictates by the patient’s ZIP code, convening a national conversation with the pharmaceutical companies, insurers, biotech companies and others to ensure patients can actually access the treatments that become available and as are needed,” Biden said at the time (The Cancer Letter, April 7, 2017).

In contrast The Beau Biden Cancer Moonshot is a government program resulting from an unprecedented bipartisan effort to double the rate of progress in cancer research. In 2016, then Vice President Joe Biden’s leadership and steadfast congressional support for biomedical research culminated in the Moonshot legislation, which authorized $1.8 billion over seven years for cancer research.
 

oldngray

nowhere special
The Biden Cancer Initiative was not a charity.


“The initiative will focus on improving data standards, and giving patients some mechanism to share their data so they can help many other patients going through the same fight, so researchers can use data to find new patterns and new answers, working with community care organizations help improve access to quality care so outcomes aren’t wholly dictates by the patient’s ZIP code, convening a national conversation with the pharmaceutical companies, insurers, biotech companies and others to ensure patients can actually access the treatments that become available and as are needed,” Biden said at the time (The Cancer Letter, April 7, 2017).

In contrast The Beau Biden Cancer Moonshot is a government program resulting from an unprecedented bipartisan effort to double the rate of progress in cancer research. In 2016, then Vice President Joe Biden’s leadership and steadfast congressional support for biomedical research culminated in the Moonshot legislation, which authorized $1.8 billion over seven years for cancer research.
Agreed. Biden Cancer Initiative was not a charity.

It only claimed it was.
 

fishtm2001

Well-Known Member
As I noted, salaries at the charity were set by a compensation committee that used “comparables to other nonprofits” to set compensation rates. Like the laptop, Obamagate and the Durham Report, another nothingburger.
 

Fred's Myth

Nonhyphenated American
As I noted, salaries at the charity were set by a compensation committee that used “comparables to other nonprofits” to set compensation rates. Like the laptop, Obamagate and the Durham Report, another nothingburger.
Why don't you hold your team to the same standard you've held the opposition to?

Hypocrite.
 

over9five

Moderator
Staff member
As I noted, salaries at the charity were set by a compensation committee that used “comparables to other nonprofits” to set compensation rates. Like the laptop, Obamagate and the Durham Report, another nothingburger.
You can't just admit this was a dirty money-making scheme by Biden?
 

newfie

Well-Known Member

newfie

Well-Known Member

Donald J. Trump Pays Court-Ordered $2 Million For Illegally Using Trump Foundation Funds | New York State Attorney General

Trump Ordered to Pay Eight Separate Charities $250,000 Each
Remaining $1.8 Million in Trump Foundation Bank Account Disbursed Among Charities


NEW YORK – New York Attorney General Letitia James today released the following statement after Donald J. Trump was forced to pay more than $2 million in court-ordered damages to eight different charities for illegally misusing charitable funds at the Trump Foundation for political purposes:

“Not only has the Trump Foundation shut down for its misconduct, but the president has been forced to pay $2 million for misusing charitable funds for his own political gain. Charities are not a means to an end, which is why these damages speak to the president’s abuse of power and represent a victory for not-for-profits that follow the law. Funds have finally gone where they deserve — to eight credible charities. My office will continue to fight for accountability because no one is above the law — not a businessman, not a candidate for office, and not even the president of the United States.”

As part of a resolution of the lawsuit announced on November 7th, Trump was ordered to pay $2 million, or $250,000, a piece to eight different charities. Those charities are Army Emergency Relief, the Children’s Aid Society, Citymeals-on-Wheels, Give an Hour, Martha’s Table, the United Negro College Fund, the United Way of National Capital Area, and the U.S. Holocaust Memorial Museum. Additionally, Trump was forced to reimburse his namesake foundation $11,525 for sports paraphernalia and champagne purchased at a charity gala, which was added to $1,797,598.30 already in the foundation’s bank account. The combined $1,809,123.30 was split evenly and recently transferred to the eight agreed upon charities. Each charity ended up receiving a total of $476,140.41.

Additionally, as part of the settlement, Trump was required to agree to 19 admissions, acknowledging his personal misuse of funds at the Trump Foundation, and agreed to restrictions on future charitable service and ongoing reporting to the Office of the Attorney General, in the event he creates a new charity. The settlement also included mandatory training requirements for Donald Trump Jr., Ivanka Trump, and Eric Trump, which the three children have already undergone. Finally, the settlement required the Trump Foundation to shutter its doors last December and dissolve under court supervision.
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