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He took a leave of absence from UPenn but still earned a salary of $135,000. Biden and his wife made around $900,000 more collectively to reach $1 million in income for 2019. ... They also donated ...
George Washington declined his presidential salary in his inaugural address. John F. Kennedy and Herbert Hoover donated their salaries to charity, and, in the case of Hoover, to staff.
In the first year out of office, Biden and his wife, Dr. Jill Biden, earned $11.1 million. In subsequent years, the Bidens brought in $4.6 million, $1 million and, finally, $630,000 in 2020.
The Biden Foundation was a nonprofit organization under section 501(c)(3) of the United States tax code that existed from 2017 to 2019. It was established by then former United States vice president Joe Biden and Jill Biden with the stated mission to "champion progress and prosperity for American families".
Here’s how that $400,000 annual salary breaks down: Total salary of a four-year term as president: $1.6 million. Monthly salary of the president: $33,333.33. Weekly salary of the president ...
The Biden administration estimates the pre-school program will benefit 5 million children each year and save the average family $13,000. The community college program will help about 5.5 million students per year pay $0 in fees, about $109 billion over a decade.
Fundraising plays a central role in many presidential campaigns, and is a key factor in determining the viability of candidates. Money raised is applied for the salaries of non-volunteers in the campaign, transportation, campaign materials, media advertisements and other contingencies.
Together, the couple donated an impressive $14.9 million in total to pro-Biden PACs and $946,200 directly to Biden's campaign. The seventh billionaire backing Biden is Haim and Cheryl Saban.