Lady Gaga Foundation Spends More on Lawyers, Publicity and Consultants than on Charity
EXCLUSIVE Don’t get me wrong: I like Lady Gaga and her parents. But celebrities probably shouldn’t start charitable foundations. Now the latest federal tax report is in for Lady Gaga’s Born this Way Foundation, and it’s not good news. Despite spending $348,000 in 2012 on their outreach bus tour, the Born this Way Foundation otherwise managed to fritter away around $1.5 million on legal fees, publicity, and a website.
The foundation, which lists Gaga’s lovely mom, Cynthia Germanotta, as president, had a lot of expenses in 2012 that had nothing to do with helping anyone. They spent $300,000 on “Strategic Consulting (web, digital),” $62,836 on “Stage Productions (Harvard, LA, UN),” $50,000 on “Social Media,” and another almost $50,000 on “Event Coordination.”
What?
Born this Way also spent: $808,661 on “other”; $406,552 on “Legal”; $150,000 on “Philanthropic Consulting”; $60,000 on “research”; 58,768 on “Publicity fees”; $78,000 on “travel”. They spent $72,000 on salaries– presumably for running the Born this Way bus, although that episode had its own expense line.
Under ‘grants to organizations or individuals”: $ 5000. Five thousand dollars.
They claimed net assets of $2.1 million. Donations came to $2.6 million, up from $1.4 million in 2011. But there’s no detailed listing of contributors or donations. I suspect most of the money came from Lady Gaga’s earnings. Where it went, and why it went there, is a mystery still.
On top of that, it looks like Lady Gaga loaned Born this Way over $10,000 to pay expenses.
Meantime, it’s unclear that anyone was really helped by the Born this Way Foundation other than lawyers, consultants, publicists and travel agents.
Gaga would have been better served just writing a check to the Elton John AIDS Foundation. It would have done more good, and quickly.
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[…] after Showbiz 411′s Roger Friedman published a breakdown of the non-profit’s financials, we’re leaning towards nothing at all. If anything, the […]
[…] also only dished out a $ 5,000 grant, according to the 501(3) organization’s 2012 form 990, Showbiz411.com first […]
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[…] week, Showbiz 411 has called the foundation’s charitable efforts into question after perusing its tax records, […]
[…] week, Showbiz 411 has called the foundation’s charitable efforts into question after perusing its tax records, […]
[…] Showbiz 411 published a breakdown: […]
[…] The foundation, which lists Gaga’s lovely mom, Cynthia Germanotta, as president, had a lot of expenses in 2012 that had nothing to do with helping anyone. They spent $ 300,000 on “Strategic Consulting (web, digital),” $ 62,836 on “Stage Productions (Harvard, LA, UN),” $ 50,000 on “Social Media,” and another almost $ 50,000 on “Event Coordination.” What? Born this Way also spent: $ 808,661 on “other”; $ 406,552 on “Legal”; $ 150,000 on “Philanthropic Consulting”; $ 60,000 on “research”; 58,768 on “Publicity fees”; $ 78,000 on “travel”. They spent $ 72,000 on salaries– presumably for running the Born this Way bus, although that episode had its own expense line. Under ‘grants to organizations or individuals”: $ 5000. Five thousand dollars. […]
[…] week, Showbiz 411 has called the foundation’s charitable efforts into question after perusing its tax records, […]
[…] week, Showbiz 411 has called the foundation’s charitable efforts into question after perusing its tax records, […]
[…] to the breakdown published exclusively by Showbiz 411, the Born This Way Foundation took in nearly $2.6 million in 2012 (it claimed $2.1 million in net […]
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[…] [From Showbiz 411] […]
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[…] The New York Post and Roger Friedman at Showbiz411 report that records show that in 2012, the Born This Way Foundation claimed $ 2.1 million in net […]
[…] ShowBiz 411 reported that a substructure -— whose idea is to ” inspire a some-more usurpation society, where differences are embraced and individuality is celebrated” — spends $300,0000 on consulting, $50,000 on amicable media, $50,000 on eventuality coordination, $400,000 on authorised services and some-more than $800,000 on “other.” Only 5k was designated as “grants to organizations or individuals,” according to a report. […]
[…] Showbiz411.com published a breakdown of the foundation’s 2012 tax report. It names Stefani Germanotta (a.k.a Lady Gaga) as its director, her mother Cynthia as its president and her father Joseph as its treasure. It claimed a total revenue of $2.66 million, $1.85 million of which went to operational expenses. […]
[…] ShowBiz 411 reported that the foundation -— whose mission is to ” foster a more accepting society, where differences are embraced and individuality is celebrated” — spends $300,0000 on consulting, $50,000 on social media, $50,000 on event coordination, $400,000 on legal services and more than $800,000 on “other.” Only 5k was designated as “grants to organizations or individuals,” according to the report. […]
[…] ShowBiz 411 reported that the foundation -— whose mission is to ” foster a more accepting society, where differences are embraced and individuality is celebrated” — spends $300,0000 on consulting, $50,000 on social media, $50,000 on event coordination, $400,000 on legal services and more than $800,000 on “other.” Only 5k was designated as “grants to organizations or individuals,” according to the report. […]
This what you call being a legal crook in America.
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Altruism is big business, and helps a lot of communist causes.
A real shocker, wouldn’t you say? Like to know about the where a bouts of the monies raised from the concert for storm sandy.
Most of these PNPs that talk about feeding the poor or the homeless or whatever are nothing more than a way to hide money and income from the taxman.
I’d have rather seen her check go to feed hungry children. There’s a future in *that*.
[…] Lady Gaga Foundation Spends More on Lawyers, Publicity and … […]