Biden Foundation to suspend operations
FOR IMMEDIATE RELEASE
April 25, 2019
Melanie Fonder Kaye
WASHINGTON, D.C. — Today, the Biden Foundation announced it would suspend operations, effective immediately, including activities related to fundraising, staffing, policy, and partnership collaboration across its policy pillars. In the coming days, the foundation’s board will carefully evaluate options and plan a pathway forward. In the interim, staff will begin work to wind down all the foundation’s legal, fiscal, and programmatic activities.
“The Vice President and Dr. Biden are the heart and soul of the foundation and now will be devoting all their time and effort to the presidential campaign,” said Ted Kaufman, chair of the Biden Foundation board. “We are immediately suspending foundation activities. In the coming days, the board will put together a plan for an orderly wind-down of all of the foundation’s work.”
Please find additional information as it becomes available at archive.bidenfoundation.org.