Wednesday, March 12, 2014

Lady's Gaga's Charity Comes up Short On Giving

Lady Gaga’s charitable foundation gave out millions in 2012 — to lawyers, accountants and publicity teams, tax records show, according to The NY Post.

The pop star’s fledgling Born This Way Foundation spent $429,682 on outreach with its wildly popular “Born to Be Brave” 23-event US bus tour, but the effort dimmed in comparison to what Gaga’s coterie of consultants pulled down, according to the charity’s 2012 filing.

The nonprofit — which took in a total $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,” the latest filings show.
Fees:
  • $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
  • $47,825 for meeting and event coordination — added to the hefty expenses.
Total expenses came to $1.85 million.

In terms of do-gooding, the foundation — which boasts Gaga’s mom, Cynthia Germanotta, as its unpaid president — claims it had nearly 19,288 young participants learning about civic engagement during last year’s summer bus tour. It also claimed 24 kids participated in a youth advisory-board summit to help guide the charity’s future programs.

Gaga’s foundation paid out a single $5,000 grant last year, the paperwork shows.

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