A foundation named for President Joe Biden’s late son Beau is spending far less than what a top charity watchdog says should be spent on its mission.
The Beau Biden Foundation for the Protection of Children took in $3.9 million in 2020, but spent far less than that on children, according to the New York Post.
CharityWatch, a watchdog group, says top-rated nonprofits put at least 75 percent of what they collect into programming.
The Beau Biden Foundation used 58 percent of its funding, $544,961, for actual programs.
“A 58 percent program ratio does not reflect a high level of financial efficiency,” said Laurie Styron, the executive director of CharityWatch.
Gutless and amoral grifters. Biden and family crime crew plastered the name of his dead son on a fauxndation designed to enrich themselves and cronies behind the name of the son he frequently laments in public. That’s really stooping, but Bribem is always willing to lower his already subterranean standards if he can wring another buck to subsidize his lifestyle.