Last week, The Daily reported that Kanye West’s charity spent more than a half-million dollars in 2010—but none of that money went to actual charitable causes.
After analyzing federal tax filings, the iPad newspaper found that in 2010, the Kanye West Foundation had expenditures totaling $572,383, but the majority of that went to employee salaries and other overhead expenses.
The charity didn’t even donate a single cent to an actual charity that year. And now, West’s foundation is in the process of being dissolved.
Since it’s easy to get bogged down in the numbers, Statista took The Daily’s findings and compiled information from the foundation’s tax filings to create the below infographic explaining where Kanye West’s money went and what happened to his so-called charity foundation. Complete with West’s stunner shades, obviously.
Posts Tagged ‘The basketballer reportedly simply responded with: “It’s my money”’
Some celebrity charities not what they seem
April 2, 2013
Posted in GOSSIP!, Kanye West, Khloe Kardashian, Kim Kardashian, Uncategorized |
Tags: A huge majority of that money has gone to fund youth basketball teams, Cathy's Kids has allegedly not donated anything whatsoever to cancer research, How only 10% of proceeds from Kim Kardashian’s charity auction actually goes to good causes, INSIDE KANYE WEST'S TAX RETURNS: His Charity Doesn't Actually Donate Money, Khloe Kardashian's husband Lamar Odom accused of 'operating a fraudulent $2 million cancer charity', Lamar Odom and Kim Kardashian have been accused of being involved in a charity scam, Lamar Odom's Cancer Charity Gives $0 to Cancer Research Over 9 years, The basketballer reportedly simply responded with: "It’s my money", The charity has spent about $1 point 3 million to fund elite youth basketball travel teams
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