NIH investigates Biden last-minute $89 billion grant to ‘seemingly dormant’ University of California nonprofit

NIH investigates Biden last-minute $89 billion grant to ‘seemingly dormant’ University of California nonprofit

Nonprofit founded in 2022, never raised nor spent a dime The National Institutes of Health will look into an $89 billion, 25-year grant awarded to the Alliance for Advancing Biomedical Research in the last days of President Joe Biden’s administration. The nonprofit “operate[s] exclusively for the benefit of” the University of California system, according to its tax filings. However… Source