Will Smith closes his charitable foundation due to lack of donors after slapping Chris Rock at the 2022 Oscars.
There are new problems for Will Smith, as he has been forced to close his charitable foundation, the ‘Will & Jada Smith Family Foundation’, founded in 1997 with the aim of supporting various causes, such as education and health, due to lack of donors.
As Variety explains, Will slapping Chris Rock at the 2022 Oscars gala is a big reason why, as it has resulted in considerable drop in support. The foundation went from more than $2 million in 2021 to less than $400,000 in 2022.
However, it is also said that the Smiths were already planning to close it in 2021, as they wanted to start donating privately. In addition, the foundation also had some suspicious payments, such as $3,000 in bank overdraft fees, more than $25,000 donated to mental health organisations that had already disappeared, among others.
As soon as the altercation with Rock happened, he released ‘Empancipation’, a film about slavery that can only be seen on Apple TV. Although his two most ambitious projects are ‘Bad Boys 4’, a film that this week released its first trailer, and the sequel to ‘I Am Legend’, which forgets the ending of the first film, in which his character died.
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