INSIDE KANYE WEST'S TAX RETURNS: His Charity Doesn't Actually Donate Money

Authored by businessinsider.com and submitted by PortablePawnShop

Last week, The Daily reported that Kanye West's charity spent more than a half-million dollars in 2010—but none of that money went to actual charitable causes.

After analyzing federal tax filings, the iPad newspaper found that in 2010, the Kanye West Foundation had expenditures totaling $572,383, but the majority of that went to employee salaries and other overhead expenses.

The charity didn't even donate a single cent to an actual charity that year. And now, West's foundation is in the process of being dissolved.

Since it's easy to get bogged down in the numbers, Statista took The Daily's findings and compiled information from the foundation’s tax filings to create the below infographic explaining where Kanye West's money went and what happened to his so-called charity foundation. Complete with West's stunner shades, obviously.

groovetonic on May 7th, 2017 at 09:59 UTC »

>default subreddit

>Kanye West

uh oh

mrshatnertoyou on May 7th, 2017 at 06:36 UTC »

“I am reaching out to let you know that the Kanye West Foundation (kanyewestfoundation.org) has officially closed it doors after a successful 4+ years of programming and events,” Mr. Collins wrote in the e-mail, which was given to The New York Times by executives from two nonprofit groups that had worked with the organization. “It has been an incredible experience working with Kanye and the board to realize his mother’s vision and I am honored to have been given the opportunity to lead the Foundation.”

This was the quote from the executive director apparently because the majority of money went to salaries.

NVSK on May 7th, 2017 at 05:52 UTC »

How is that not against the law?