Will Smith and Jada Pinkett Smith attend a premiere for the film "Emancipation" in Los Angeles, California, U.S. November 30, 2022. REUTERS/Mario Anzuoni
Willm Smith and Jada Pinkett Smith’s charity is closing.
Variety reports the Will And Jada Smith Family Foundation has seen revenue drop 83% from 2021 to 2022. According to tax documents, in 2021 the foundation’s revenue was $2,138,660. In 2022, it dropped to just $365,870. This is primarily due to the 2022 Oscars “slap” involving Will Smith and Chris Rock.
The foundation gave to organizations like the American Film Institute and Big Brothers Big Sisters.
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