Will Smith and Jada Pinkett Smith are shutting down their charitable foundation due, at least partly, to fallout from Will's infamous Oscars slap.
Dip Into These Halle Bailey Hot Shots To Celebrate Her 24th Birthday!The A-list spouses are closing the Will And Jada Smith Family Foundation amid a significant drop off in donations, according to... Variety says the Smiths were planning on ending the foundation before the Oscars drama because they wanted to focus on making private charitable donations.
Also noteworthy are some eyebrow-raising financial transactions for the foundation ... it reportedly had $3,000 in bank overdraft fees, over $25K donated to seemingly defunct mental health organizations and no paid staffers as of 2022.Interestingly, as the foundation's shuttering ... Will's career seems to have weathered the storm of backlash.
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