Liberal Fraud Tina Brown’s ‘Charity’ Raked in $1.2 Million, Gave Out $10,000

Posted by on Sep 13, 2013 at 8:25 am

Everything this woman touches goes south in a hurry, so is anyone surprised a sham charity of hers could be in trouble with the IRS? But she doesn’t need to worry. She’s a liberal in tight with the Democrats so nothing will come of it.

She drew the big names — but didn’t dole out the big bucks.

The celebrity-backed charity launched by departing Daily Beast editrix Tina Brown failed to meet the company’s goals in its first year out of the gate — handing out just $10,000 in grant money in 2011 despite raising nearly $1.2 million, IRS records show.

The nonprofit Women in the World Foundation kicked off to much fanfare in 2011 with a star-studded Manhattan party that set the charity back a whopping $168,048 and was hosted by Meryl Streep.

In IRS registration papers, the foundation estimated it would give out $300,000 in grants from June to December 2011, but fell far short of the mark, with a single $10,000 payout to the Fund for the City of New York, records show.

The foundation had hoped to rake in $1.5 million in contributions in the same period, but instead collected $1.17 million, according to the filings.

Total expenses, including the launch party, came to $536,868 for the period.

So she spent over half a million dollars and gave out a measly $10,000.

The foundation has yet to file its 2012 tax return after getting an extension through August.

The 501(c)(3) was set up by Barry Diller’s Newsweek/Daily Beast LLC to harness the success of Brown’s money-making, celebrity-filled Women in the World summit — an annual power-girl powwow that draws the likes of Oprah Winfrey, Hillary Clinton, Angelina Jolie, Madeleine Albright and Condoleezza Rice.

The Ford Foundation, Rockefeller Foundation and Africa Global signed on as founding partners for the fund, which was run by four top Daily Beast execs, including Brown. The aim, Brown said at the time, is “advancing women and girls” by “building on the success of the summits.”

In a just world she’s be forced to pay out of her own pocket, but liberals never do that. We wouldn’t be surprised to find out she was pumping the money in the failed Daily Beast.

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8 Responses to “Liberal Fraud Tina Brown’s ‘Charity’ Raked in $1.2 Million, Gave Out $10,000”

  1. bicentennialguy on 13/13/13 at 10:12 am

    This lends further credence to Limbaugh’s assessment of the Clinton Foundation (and other lib “foundations”) he talked about a month or so ago.

  2. Formerly known as Skeptic on 13/13/13 at 10:47 am

    They took in $1.17M ($1170K), spent $537K and gave out $10K…. So where’s the other $600+ K?

    Usually the problem with bad charities is that they spend 90%+ of the donations on the parties and salaries leaving nothing to be charitable with, but this is something else.

  3. Phelps on 13/13/13 at 10:48 am

    Dollars to donuts she’s taking a six digit salary from the “foundation”, though. It’s all just a money laundering scheme, so people can deduct the money they give to her.

  4. Tuerqas on 13/13/13 at 12:19 pm

    I don’t know what you guys are complaining about. That is about the same rate as the rest of lib charities including any Gov’t program…

  5. Nick Shaw on 13/13/13 at 1:04 pm

    Are the Clintons being looked at closely too?
    For some reason I doubt it.

  6. bour3 on 13/13/13 at 5:52 pm

    Oh, come on, she employed caterers who paid taxes and their employees who in turn paid taxes. And everything along the line involved with that, food, equipment, trucks, fuel, energy. She rented space. Paid for liquor, bartenders. Secretaries. Transportation, honestly, I could go on with all the people drawn into the enterprise and paid for their efforts. It is very important work. And $10,000 total for that effort is nothing to sneeze at. Achoo. Ignore that.