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Tuesday, August 11, 2009

A tax report has finally turned up for Madonna’s big Africa charity event held 18 months ago, and it’s revealing in unexpected ways.

If you recall, Madonna got Gucci to host an all star fundraiser back in February 2008 for her Raising Malawi-Kabbalah charity. Since Raising Malawi wasn’t a sanctioned 501 (c) 3 charity, Gucci collected the money instead and said it would distribute it to Raising Malawi and UNICEF. At the time, a claim was made in the press that the event — which had lots of celebrities like Tom Cruise and Demi Moore in attendance — made around $3.7 million.

The Gucci Foundation tax filing has just been obtained by this column via Guidestar.org. It shows that Gucci in fact did give just under $3 million to both Raising Malawi — which teaches Kabbalah Center curriculum to orphans in Malawi — and UNICEF each. (UNICEF received about $300,000 less than the newer organization.)

That’s swell. But the filing also lists who else gave what for that event.

The big surprise? Madonna doesn’t put her money where her famous mouth is. Her Ray of Light Foundation kicked in a paltry $54,000.Malawi is the country from which she’s (controversially) adopted two children and made a big deal out of her huge donations to help orphans. It’s not like she doesn’t have the money. According to Forbes, Madonna earned $110 million in 2008 from her Sticky and Sweet Tour.

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