OK. Now I'm going to post the part of the story you're covering for.
What did the “charity” not spend money on? Grants supporting cancer research efforts. That box on the IRS tax return for a non-profits lists “$0.00”.
On April 25, 2019, Biden announced his candidacy for the Democrat party’s nomination for President.
On July 15, 2019, only 2 weeks after the end of the “charity’s” fiscal year,
it announced it was suspending operations.
The Daily Mail in the UK
does a bit more math on the “charity’s” tax filings and finds that over $3 million in spending — of the $4.8 million raised — went to pay salaries and benefits of the organization’s staff. In addition to SImon and Carnival, three other staff positions enjoyed six-figure salaries — the Director of Communications, Director of Science Policy, and Director of Engagement — with two making $150,000+ and the other making $185,000+.
“Other expenses” totaled $1.7 million — meaning that $4.7 million of the $4.8 million raised was spent on “charity” operations.
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The charity Joe Biden named after his son was a slush fund for democrat insiders. I suspect it most of that money came from the US tax payer.