Posted on 02/21/2012 2:41:21 PM PST by Beaten Valve
Hip-hop superstar Kanye West's charity spent more than a half-million dollars in 2010 but none of that money went to actual charitable causes, The Daily reported Tuesday.
An analysis of federal tax filings reveals that in 2010, the Kanye West Foundation had expenditures totaling $572,383, with the majority going to salaries and other overhead expenses.
Meanwhile, the charity gave nothing to charity that year. According to its tax return, West's foundation made precisely $0 in contributions, gifts and grants.
And this isn't the first time the Kanye West Foundation has given celebrity charities a bad rap.
In 2009, it was slightly more frugal, spending $553,826 but of that amount, just $583 went toward charitable endeavors.
(Excerpt) Read more at myfoxny.com ...
Ha, look at the date of that article — somebody’s To Do List looked something like this:
APRIL 15, 2011
- file taxes
- close “charity”
- hide
I’m sure there are plenty of honest folks using it.
Now if they are contributing big $$ to Dems, that’s an indicator it’s a scam.
This “Foundation” Looks a lot like that Jean Wycliff, that schister/singer from Hati. A lot of money flowed into his foundation too. Very little was used to help people, except for his kin folk.
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