Tuesday, May 21, 2024

Barbra Streisand, Rare Celeb Who Puts Money Where Mouth Is: $666K to Charities


Barbra Streisand is one of the rare celebrities who backs up her ideas with money. In 2012, according to the tax filing that just came available, the multi hyphenate actress-singer-director gave away $666,400 to charities through her personal foundation. And unlike say, Madonna, none of it went to kooky religions or cults or other questionable activities.

The foundation claims net assets of $7.5 million and just one employee. Streisand’s long time political consultant, Marge Tabankin, well respected in the community, makes $168,000 a year. She’s the sole paid staffer. The foundation otherwise has minimal expenses– no rent, and just $2,500 listed for “travel, conferences, etc”.  In other words, they keep it clean, and to the point.

The largest donation is $62,500 to the Clinton Foundation, which is no surprise. The next biggest are to Cedars Sinai Hospital in Los Angeles and to the Brooklyn Community Foundation — $25,000 apiece.  Streisand gave $15,000 to pal Donna Karan’s Urban Zen Foundation, a worthy cause.

Streisand’s donations actually increased from 2011 to 2012, although it doesn’t look that way at first glance. In 2011, she gave Cedars Sinai $1 million. The balance — to miscellaneous groups– came to $475,000. The Cedars Sinai bequest was a one time thing (and still pretty amazing).

The rest of the 2012 donations are spread evenly over a selection of arts, health, and women’s groups. Some are repeats from prior years, but not all. Barbra gave MusiCares $15,000 after being named Person of the Year in 2011. Not every singer who receives the honor donates money back to the Grammy foundation for musicians in need. That was a classy touch.

There are a number of donations, of course, to liberal organizations: People for the American Way, NARAL, Planned Parenthood, and Media Matters, among them. Bravo Barbra!




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.

Read more

In Other News