Joe Biden is planning to close his personal charity, the Biden Foundation, when he begins campaigning for president.
The foundation would likely suspend its activities as soon as he enters the 2020 race and then begin the longer process of shutting down for good, according to the New York Times.
The move is likely an effort to avoid conflict-of-interest accusations that plagued Hillary Clinton during her presidential bid in 2016, when the Clinton Foundation continued to accept donations. Biden aides said he had not accepted foreign funding for any of his nonprofits.
Biden is expected to announce he’s running for president on Wednesday.
The former vice president and his wife, Jill, launched the nonprofit after he left the White House in 2017. It raised $6.6 million by the end that year and has focused on issues like ending violence against women, strengthening the middle class, and and expanding LGBT rights.
It’s unclear what will happen with other nonprofits Biden created after leaving the White House, including the Biden Cancer Initiative, the Beau Biden Foundation, and the University of Pennsylvania’s Biden Center for Diplomacy and Public Engagement.
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