Thursday, May 30, 2024

Jay Z Foundation Stingy Scholarship Fund Selling $1000 T Shirts At Barneys


Jay Z’s Shawn Carter Scholarship Foundation was a little stingy last year about giving scholarships to students. The Foundation took in $968,300 in donations in 2011-12. But it gave away only 141,357 in scholarships. The Foundation even lost money according to its Form 990 tax filing on its sole charity event. They finished $175,629 in the red from their Carnival at Pier 54. The tax filing doesn’t give details of where revenue came from or where it went.

t shirt with python epdsMaybe to give the Foundation a little push, Carter has curated a holiday sale that starts today at Barney’s. Through January 4th the store is donating 100% of proceeds from the sale of items Jay Z has picked out especially for his fans. They include two watches (one is $34,000, the other only $18k), $3,000 leather boxing shorts,  and a $700 cashmere ski mask perfect for bank robberies in Gstaad this winter.

There are also Balmain T Shirts for a thousand dollars apiece. They are made from a rare material called Cotton. And they have either lambskin or python epaulets. (Not epithets. That was just poor people cursing in the background.)

Now let’s just hope Barney’s doesn’t arrest anyone if they try to buy this stuff!

Wait, really? Python epaulets? Yes, indeed.

Roger Friedman
Roger Friedman
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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