https://fortune.com/2019/07/15/joe-biden-cancer-initiative/
The nonprofit promoted nearly 60 partnerships with drug companies, health care firms, charities and other organizations that pledged more than $400 million to improve cancer treatment.
The Biden Cancer Initiative has taken in several million dollars in direct funding for its operations, but the bulk of the money supporting the partnerships it promotes comes in the form of indirect pledges. That money does not go directly to the nonprofit but instead is managed by the participating companies and organizations to fund their research and work. Biden's group has used its platform and Biden's appearances to promote the partnerships.
Last September, at the nonprofit's first summit convened in Washington, Biden trumpeted 57 commitments by pharmaceutical firms, other health care companies and organizations. Most were newly pledged by the organizations, though at least a dozen were carry-overs from Biden's government-run Cancer Moonshot work.
But in the 10 months since, the nonprofit has announced only a handful of new commitments, a sign that without the Bidens' involvement the foundation was unable to operate on its own.