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03-12-2014, 09:20 PM #1
Lady Gaga's charity took in $2 million but paid out just $5000 in 2012
http://www.dailymail.co.uk/news/arti...-000-2012.html
Lady Gaga’s charity took in more than $2.5 million in 2012 - but paid out just a single $5,000 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.
The non-profit organisation - which received $2.66 million in revenue - paid out a staggering $406,552 for legal fees, $300,000 for 'strategic development' and $150,000 for 'philanthropic consulting'.
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 tour.
Twenty 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.
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03-12-2014, 09:24 PM #2
Yeah but they raised awareness for Lady Gaga!
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03-14-2014, 11:37 AM #3
Wow! someone needs to do some time and repay donations. The part that sticks for her is that she probably has little to do with the charity. Although if you put your name on something it's your job to know what's going on.
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03-16-2014, 11:58 AM #4
I don't think a charity means they have to give out donations. raising awareness is a great thing. over 20,000 youths were touched by the charity, that mean $100 per youth.
but the bad sign is they only got 2.2 million in donations? That ain't much for something that has the Gaga's name on it and stands for helping youths, and stands for the LGBT.
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03-16-2014, 08:42 PM #5
Raising awareness for what? And at some point raising awareness becomes pointless versus actually doing something.
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03-17-2014, 10:04 AM #6
raising awareness for youth who are LGBT. Many of these youths have issues with bullying and suicide or just feeling like they fit in.
I actually did a paper on this for some class a few semesters back.
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03-17-2014, 10:19 AM #7
I have no real idea what the objectives of this "charity" are or the actual benefits that come from it, but I highly doubt someone with the resources Lady Gaga has would allow her name to be attached to it if it was suspect in anyway.
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03-17-2014, 10:39 AM #8
Lady Gaga just used other people's money to market herself. Ingenious.
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03-17-2014, 08:43 PM #9
Well, it's an organization set up to raise awareness and support of and for the LGBT community. As such, it's not going to give out too much money, as the Heart and Stroke Foundation, for example, would.
I also have yet to read where the money came from, so it could be mostly, or all her own cash, and just be a tax dodge that makes a group of marginalized youth feel a little better. That doesn't seem so bad.
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