Britney Spears is an almost 30 year old mother of two who is still living under a conservatorship. She used to have a charity called the Britney Spears Foundation. Not so much anymore. According to he most recent federal tax filings, Spears’ parents and a guy with the perfect name of Andrew Wallet, have pretty much zeroed out the effort.
The Britney Spears Foundation as of this spring now claims $17 in total assets. In December, the Spearses and Wallet send $50,000 to Mercy Ministries of Nashville and $42,000 to Cri Help in California. The former helps young women with pregnancy issues, drugs, etc get back on their feet. Cri-Help is a rehab facility. And that leaves in the till a mere $17, which Britney can use for chewing gum or comic books.
It’s kind of a sad end to the Britney Spears Foundation, which was once run by a woman in Massachusetts and was supposed to fund a summer camp for underprivileged kids who wanted to be performers. The last time Spears sent the camp money was in 2008–$21,000. Spears is currently on world tour, with dates in Florida this week.