Debate Magazine

Lady Gaga’s Charity Foundation Took in $2.6 Million – but Paid out Just One $5,000 Grant and Spent Hundreds of Thousands on Expenses

By Eowyn @DrEowyn

gag

Daily Mail: Lady Gaga’s charity took in more than $2.5 million in 2012 – but paid out just a single $5,00 grant, tax records have revealed.

The pop superstar’s Born This Way Foundation spent millions on consultants, lawyers and publicity experts, plus more than $500,000 on its 23-event Born to Be Brave bus tour, which visited US cities “inspiring” disillusioned youths (whatever that means).

The non-profit organization – which received $2.66 million in revenuepaid out a staggering $406,552 for legal  fees, $300,000 for ‘strategic development’ and $150,000 for ‘philanthropic consulting’.

Lady Gaga and her mother

Lady Gaga and her mother

Fees – of $348,000 for the bus production, $77,923 for travel, $62,836 for  stage production, $60,000 for research, $58,678 for publicity, $50,000  for social media development and $47,825 for meeting and event  coordination – added to the hefty outgoings. Total expenses reached $1.85 million, according to the New York Post.

However, documents show there was just one recipient of a $5,000 grant.

The foundation, which is headed by Gaga’s mother Cynthia Germanotta as its unpaid president, had 19,288 young participants learning about ‘civic  engagement’ during last year’s summer bus tourTwenty four children took part in a youth advisory board summit which was guiding the  charity’s future programs.

The source of the charity’s contributions and income have not been revealed but Gaga, 27, real name Stefani Germanotta, said in 2011 when she launched Born This Way that she would be putting a large amount of her money into the project.

The singer is known for her charitable nature and in 2012 topped DoSomething.org’s ‘Top 20 Celebs Gone Good’ list, alongside Taylor Swift.

According to the list, Gaga launched the Born This Way fund with a personal $1.2 million donation and also gave another $1 million to victims of Hurricane Sandy.

Gaga, meanwhile, is scheduled to give the keynote address at the South by Southwest music festival and conference in Austin, Texas. In an interview with Rolling Stone magazine, she said: ‘I want the audience in Austin to see me live in a way I never have before.

‘I love theatrics, but I started out singing at a piano with a Bud Light in a bikini.’

DCG


Back to Featured Articles on Logo Paperblog