Friday, December 13, 2013

Jane Fonda's Charitable Foundation Doesn't Give a Dime

See Jane hoard. See Jane deceive. See Jane get caught for breaking federal law.

Though Jane Fonda’s private foundation has nearly $800,000 in assets, the group has not made a charitable contribution during the last five years for which it has filed federal tax returns, an apparent violation of Internal Revenue Service rules…

In the most recent tax return, Fonda’s foundation reported making no contributions or grants. Prior tax returns show that the organization, which is headquartered in Atlanta, Georgia, similarly made no payouts in 2010, 2009, 2008, and 2007. In 2006, the group made a single $1000 donation to the Atlanta Obstetric and Gynecology Society…

While Fonda’s foundation has not been making donations, the group has tried to grow its stash via the stock market. For example, the foundation’s last tax return lists 166 separate trades--involving thousands of stock shares--that netted about $2200.

Here's more.