The Beau Biden Child Protection Foundation raised $3.9 million in 2020, but only spent a fraction of it on its purported mission to help children, The Post has learned.
The Delaware-based charity, which was launched in honor of President Biden’s late son, received an infusion of $1.8 million from the Biden Foundation before that group shut down in 2020, according to the latest charitable tax returns. The Biden Foundation was created by Joe Biden and his wife, Jill Biden, to champion “the progress and prosperity of American families.”
The Beau Biden charity also received $225,000 from entities connected to a high-profile political donor and consolidator of President Biden.
Despite the windfall of more than $2 million, the organization only invested $544,961 in 2020 toward its stated goal of protecting children from abuse, according to tax filings.
The charity spent a total of $932,865 that year, much of which went to the six-figure salaries of Biden cronies who held senior positions at the nonprofit.
Patricia Dailey Lewis, who served as Delaware’s assistant attorney general under the late AG Beau Biden, leads the nonprofit and was awarded $150,660 in 2020, including a $3,500 bonus.
Joshua Alcorn, a longtime Democratic operative and consultant for Beau Biden and Joe Biden’s political campaigns, served as chief operating officer and was paid $131,437. He has since resigned.
CharityWatch, a watchdog group, says its top-rated nonprofits typically spend at least 75% of their budget on programs. In the case of this charity, only 58% of its expenses went to its cause.
“A 58% program ratio does not reflect a high level of financial efficiency,” said Laurie Styron, executive director of CharityWatch.
Biden’s troubled son Hunter served on the board of the Beau Biden charity in 2020 when The Post broke the discovery of his infamous laptop, a device covered in a sticker from the foundation. Biden’s daughter, Ashley, and Beau’s widow, Hallie Biden, were also on the board.
Hallie Biden is the only member of the family still on the board, which includes former FBI director Louis Freeh.
The group said after Joe Biden’s inauguration in 2021, it would not take money from lobbyists or foreign donors and would publish the names of its top contributors on its website in a bid to increase transparency.
But the organization refused to provide a copy of its 2020 tax return to The Post in early March. He then said the document was available on the Guidestar website.
The document posted to the site earlier this week included a list of top donors, but on Friday that list was missing from the filing.
Donors included Masimo Corporation, a medical device manufacturer, and the Masimo Foundation. Both are led by Joe Kiani, who gave $750,000 to pro-Biden Unite the Country PAC in 2020 and was named to a presidential science and technology advisory committee last year. His company also has millions in government contracts, according to a report.
A Masimo Foundation representative said it has long contributed to the Beau Biden Foundation “because of the work it does for children” and that the value of the company’s federal contracts has actually gone down since the start. Biden’s entry into office.
The Beau Biden Foundation did not immediately return requests for comment.
The foundation was incorporated in Wilmington, DE in June 2015, less than a month after Beau Biden died of cancer.
The Beau Biden Foundation is running virtual and in-person workshops for adults starting at $500, according to its website. He also organizes sessions for children on issues such as bullying and internet safety.
The foundation is one of three nonprofits linked to the Biden family.
The Biden Foundation was started by the Bidens in 2016. They then launched The Biden Cancer Initiative in 2017. Both groups suspended operations in 2019 when Biden ran for president.
Each group’s tax return indicates that it has notified the appropriate state authorities of its dissolution.
The Delaware attorney general’s office, where the groups were legally based, did not immediately return requests for comment.
Additional reporting by Isabel Vincent