How the Beau Biden Foundation spends its money

The Beau Biden Foundation for the Protection of Children raised $3.9 million in 2020, but spent only a fraction of that on its purported mission to help children, The Post has learned.

The Delaware-based charity, founded 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 charities’ latest tax returns. The Biden Foundation was founded by Joe Biden and his wife, Jill Biden, to work for “progress and prosperity for American families.”

The Beau Biden charity also raised $225,000 from entities associated with a top political donor and President Biden’s pooler.

Despite the windfall of over $2 million, according to tax returns in 2020, the organization provided just $544,961 for its stated purpose of protecting children from abuse.

The charity spent a total of $932,865 that year, with a large portion of that going toward 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, heads the nonprofit and received $150,660 in 2020, including a $3,500 bonus.

Joshua Alcorn, a longtime Democratic staffer and advisor to Beau Biden and Joe Biden’s political campaigns, served as COO and was paid $131,437. He has since resigned.

CharityWatch, a watchdog group, says their top-tier nonprofits generally spend at least 75 percent of their budget on programs. In the case of this charity, only 58 percent of its spending went to its cause.

“A program rating of 58 percent does not reflect a high level of financial efficiency,” said Laurie Styron, executive director of CharityWatch.

Biden’s troubled son Hunter was serving on the board of charity Beau Biden in 2020 when The Post revealed the discovery of his infamous laptop, a device plastered with a foundation sticker. Biden’s daughter, Ashley, and Beau’s widow, Hallie Biden, also sat on the board.

Hallie Biden is the only family member remaining on the board, which includes former FBI Director Louis Freeh.

The group said it would not accept money from lobbyists or foreign donors after Joe Biden’s inauguration in 2021 and would publish the names of its key contributors on its website to increase transparency.

However, the organization refused to provide The Post with a copy of its 2020 tax returns in early March. It was later said the document was available on the Guidestar website.

The document, posted to the website earlier this week, included a list of key donors, but as of 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 donated $750,000 to the pro-Biden Unite the Country PAC in 2020 and was named to a Presidential Advisory Committee on Science and Technology last year. According to a report, his company also has government contracts worth millions.

A representative for the Masimo Foundation said she has long contributed to the Beau Biden Foundation “because of the work she does for children” and that the value of the company’s federal contracts has actually declined since Biden took office.

The Beau Biden Foundation did not immediately respond to requests for comment.

The foundation was established in Wilmington, DE, in June 2015, less than a month after Beau Biden passed away from cancer.

The Beau Biden Foundation runs virtual and in-person workshops for adults starting at $500, according to its website. It also holds sessions for children on topics such as bullying and internet safety.

The foundation is one of three nonprofit organizations associated with the Biden family.

The Biden Foundation was established by the Bidens in 2016. They then launched the Biden Cancer Initiative in 2017. Both groups ceased operations in 2019 when Biden ran for president.

Each group’s tax return states that it has notified the relevant state authorities of its dissolution.

The Delaware Attorney General’s office, where the groups were legally based, did not immediately respond to requests for comment.

Additional reporting by Isabel Vincent