Saturday, April 20, 2024

Britney Spears Zeroes Out Her Charitable Foundation: It’s Over

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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 recentĀ  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.

Roger Friedman
Roger Friedmanhttps://www.showbiz411.com
Roger Friedman began his Showbiz411 column in April 2009 after 10 years with Fox News, where he created the Fox411 column. His movie reviews are carried by Rotten Tomatoes, and he is a member of both the movie and TV branches of the Critics Choice Awards. His articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. He is also the writer and co-producer of "Only the Strong Survive," a selection of the Cannes, Sundance, and Telluride Film festivals, directed by DA Pennebaker and Chris Hegedus.
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