Former Vice President Joe Biden and his wife, Dr. Jill Biden, are launching a nonprofit foundation aimed at promoting equal rights and opportunity.
The Biden Foundation will be a platform for Biden to advance priorities he worked on in the Senate and the White House, including cancer research, military families and preventing violence against women.
Biden says in a statement that the foundation aims to ensure everyone is treated with dignity and "gets a fair shot at achieving the American Dream."
The foundation will be run by Louisa Terrell, a former Facebook official and Senate staffer. The foundation's board will be chaired by former Sen. Ted Kaufman, who was also Biden's former Senate chief of staff. Biden's sister is also on the board.
The foundation says it will be funded by tax-deductible donations.
"My dad used to have an expression: 'It's a lucky person who gets up in the morning, puts both feet on the floor, knows what they’re about to do and thinks it still matters'" said a statement from Joe Biden. "Jill and I have been very lucky these past decades. We look forward to this new chapter where we will continue our work to ensure that everyone—no matter their income level, race, gender, age, or sexuality— is treated with dignity and gets a fair shot at achieving the American Dream. That’s why we are honored that a group of long-time friends and supporters have begun the work of founding the Biden Foundation to build on our lifelong commitment to issues that have always motivated us."