Wednesday, June 12, 2024

Madonna Cuts Her Charitable Giving by Almost 75%, Still Sends Big Bucks to Shady Kabbalah Cult, Must Get Back to Work Soon

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(EXCLUSIVE) Now that Madonna’s on the mend, and looking good, we’re back to business.

It does seem the 2021 economy got to her bottom line. New numbers are out for Madonna’s charitable foundation, called Ray of Light. They indicate that the Material Girl should get back to work as soon as she feels well enough to do it. (She starts her postponed tour in October in Europe.)

The most immediate thing that jumps out from Ray of Light’s Form 990 filing is that Madonna cut her giving by almost 75% from 2020 and around 50% from 2019.

In those years she donated, respectively, $2.1 million and $1.1 million to a small group of organizations.

In 2021, the number fell to $584,500.

Madonna’s net worth is reported to be $850 million.

The luckiest group: the Kabbalah Center of Los Angeles, a shady cult that has been investigated many times. Madge is loyal to these people no matter what happens. She gave them $100,000 in 2021, a 50% chop from 2020.

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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