Spock 20,290 Posted March 31, 2015 Share Posted March 31, 2015 UPDATE Lady Gaga’s lawyer, Tracy Landauer, points out that even those these are the figures, the Born this Way Foundation has helped thousands of teens with the bus tour. Plus, survey information taken from the teens has been extremely helpful in papers delivered for seminars and for educational studies. Plus, they don’t give grants, period. So they’re in the red. You can’t have everything.EARLIER It’s hard to be a saint in the city. That’s what Bruce Springsteen said right at the start. Lady Gaga is finding that out. She’s tried hard to help her fans through her Born this Way Foundation charity. But there are problems. For 2013, Born this Way finished in the red big time. Revenue less expenses for 2013 was minus $2.2 million. Total assets when all said was done was negative $94,000. Lady Gaga was waiting to be reimbursed for $100,000 in expenses.No one did anything wrong, and from the Form 990 for Federal filing, there’s no indication that alarms should be ringing. But the charity’s Born the Way bus, which went around the country as an emissary to fans, did them in. For example, this was all after revenue of over $1.8 million.Unfortunately, the filing is so vague that we don’t know if the silk throated Gaga– aka Stefani Germanotta– donated all the money herself or there were other donees. What it does say that revenue was down from $2.6 million from the prior year. Also, no grants were made to anyone. Zero.So where did the money go? Salaries increased to $157,388 from a little less than $80. Who got ‘em? We don’t know, but payroll taxes were paid of $15,992 for someone.Other expenses included $101,796 for travel, $91,574 for legal, $171,459 for “philanthropic consulting.”Total functional expenses were $4 million for a foundation that didn’t actually help any specific individual. It does seem that around $3 million of that was spent with a company called Jack Morton Worldwide to “create, equip and manage” the Born Brave Bus to fulfill the foundation’s “programmatic objectives.”You know, I love Lady Gaga’s voice. I admire her spirit and her creativity. I think she’ll be a major force in entertainment for decades. But this Foundation doesn’t seem like it was such a great idea in practical application. Where do things stand now? The website has the equivalent of an “out to lunch” sign on it.http://www.showbiz411.com/2015/03/16/lady-gaga-charity-in-the-red-born-this-way-has-bus-load-of-financial-problems who will love me when the night is over Link to post Share on other sites More sharing options...
danwasd 2,444 Posted March 31, 2015 Share Posted March 31, 2015 $171,459 for “philanthropic consulting.” Link to post Share on other sites More sharing options...
Caesium 6,022 Posted March 31, 2015 Share Posted March 31, 2015 The Little Accountants are out today Put your white tennis shoes on and follow me Link to post Share on other sites More sharing options...
Bellatrix 34,639 Posted March 31, 2015 Share Posted March 31, 2015 So the "contest" where you could get a phone call from Gaga if you donated money was a trick to get more money? Link to post Share on other sites More sharing options...
Didymus 32,745 Posted March 31, 2015 Share Posted March 31, 2015 Those expenses sound so fishy lmfaoOn the other hand, this is a non-profit organization tho. Who cares. Link to post Share on other sites More sharing options...
Spock 20,290 Posted March 31, 2015 Author Share Posted March 31, 2015 The Little Accountants are out today Yeah I noticed the other thread after I posted this one. Oops who will love me when the night is over Link to post Share on other sites More sharing options...
Alii 2,039 Posted March 31, 2015 Share Posted March 31, 2015 I was pretty sure I wasn't the only one who had forgotten about this foundation. Link to post Share on other sites More sharing options...
SissyFromSpace 20,883 Posted March 31, 2015 Share Posted March 31, 2015 did someone from pawsdown make this Barbie elitist - Weaboo - Sissy Link to post Share on other sites More sharing options...
Blue Jeans 3,815 Posted March 31, 2015 Share Posted March 31, 2015 So thats why she asked us to donate on ha birthday Destiny is for losers. It’s just a stupid excuse to wait for things to happen instead of making them happen Link to post Share on other sites More sharing options...
mrlemon 562 Posted March 31, 2015 Share Posted March 31, 2015 "$4 million for a foundation that didn’t actually help any specific individual" What in the world Gaga, Ke$ha, and Ava Link to post Share on other sites More sharing options...
Michael 533 Posted March 31, 2015 Share Posted March 31, 2015 Couldn't Gaga just donate like $20million lmao? Link to post Share on other sites More sharing options...
Nemo 3,968 Posted March 31, 2015 Share Posted March 31, 2015 So the "contest" where you could get a phone call from Gaga if you donated money was a trick to get more money?How is that a trick? She was openly asking for money. Link to post Share on other sites More sharing options...
VelmaDinkley 195 Posted March 31, 2015 Share Posted March 31, 2015 I'm sorry I love gaga but how has the born this way foundation helped anyone? When I watched the launch of the btwf with oprah winfrey it looked so promising but it doesn't really do much. A friend of mine made a 200 dollar donation and she has yet to know what the 200 dollars was for. I think this foundation should just....be pushed aside as mean as that sounds. It could be messier though....like Jay-Z's Tidal Link to post Share on other sites More sharing options...
Echo 326 Posted March 31, 2015 Share Posted March 31, 2015 Oh man that doesn't sound great at all. Link to post Share on other sites More sharing options...
gagzus 13,646 Posted March 31, 2015 Share Posted March 31, 2015 I'm sorry I love gaga but how has the born this way foundation helped anyone? When I watched the launch of the btwf with oprah winfrey it looked so promising but it doesn't really do much. A friend of mine made a 200 dollar donation and she has yet to know what the 200 dollars was for. I think this foundation should just....be pushed aside as mean as that sounds. It could be messier though....like Jay-Z's Tidal people forget this isn't a charity like Red Cross or Comic Relief, they don't give the money to individuals they use it to fund their bus tours & conventions, to create safe places where teenagers can go talk about their problems away from judgement & harassment. Link to post Share on other sites More sharing options...
Trending Now
New Threads
Trending Now
New Threads
Featured Posts
Archived
This topic is now archived and is closed to further replies.