Friedman on J-P Foundation 2010 Tax Filing

Brangelina Charity A Plus: $1 Mil to Haiti, Plus Brad Donated to New Orleans Hero’s Funeral

02/08/12 10:31am Roger Friedman

Brad Pitt and Angelina Jolie continue to put their money where their mouths are when it comes to charity. Their Jolie Pitt Foundation’s 2010 tax filing just became available. Of the over $2.3 million they gave away in 2010, $1 million went to Doctors without Borders treating patients in Haiti. But sometimes it’s the little things that count, too. Brad paid $3,000 toward a funeral for beloved New Orleans civic leader and his friend, Pamela Dashiell, who died unexpectedly at age 61 in December 2009. Dashiell had been a leader in New Orleans’s famous Lower 9th Ward where the most damage occurred from Hurricane Katrina. Big donation are wonderful, but something like that kind of breaks your heart.
The Jolie Pitt Foundation is also kind of a template for smart giving. For example, under a micro financing plan they loaned 201 needy Cambodians $21,000 for small businesses to purchase crop seeds and agricultural tools– a similar program to Kiva.org. All the money has been paid back.
Their largest expenditures went to SOS Childrens Villages ($250,000) and to other children’s causes around the world. But they also donated $200,000 to Drury University in Springfield, Missouri –Brad’s hometown– and $15,000 to Operation Blankets of Love in Granada Hills, California–they help rescue pets and abandoned animals.
The foundation noted that even though they have a fair market value of over $6 million, 2010 was a year of “contraction,” leading to fewer donations. (“Tree of Life” and “In the Land of Blood and Honey” weren’t exactly blockbusters.) Still they noted that their donations repesented 25% of their assets–which is highly generous.
Read also: http://www.showbiz411.com/2011/08/01/brad-pitt-angelina-jolie-shelled-out-5-mil-to-charity-in-2009

JP Foundation filing

Brad Pitt, Angelina Jolie Shelled Out $5 Mil to Charity in 2009

08/01/11 1:06am Roger Friedman

Brad Pitt and Angelina Jolie gave away just under $5 million to charities in 2009 according to tax filings. Their Jolie-Pitt Foundation gave less in 2009 than in 2008, but it’s still a lot of money: $4.9 million. You can’t quibble with that. Their Form 990 filing shows that the couple supports organizations in Brad’s hometown of Springfield, Missouri, his interest in New Orleans, and Angelina’s concerns internationally (she funds groups in Cambodia, home to adopted son Maddox). They also pay little in salaries to the people running the fund, keeping expenses down in general. Madonna and her Raising Malawi/Kabbalah funds could learn a lot from Brad and Angelina.
The couple also doesn’t invest in schemes or dubious cults/religions. Their biggest donee: Brad’s Make It Right Foundation in New Orleans, which got $2 million. The money went right into building homes in that city. The second biggest donation was $1 million to the Pakistan Emergency Fund at the United Nations. Almost $700,000 went to organizations in Springfield including $333,000 to the endowment of a pediatric cancer fund in Brad’s mom’s name. They have a tremendous interest in helping children, too. Jolie-Pitt gave $100,000 to Kind, Inc. in Washington DC. That’s a group that helps pay for lawyers to represent abandoned children in dire straits around the U.S.
All in all, very impressive considering that already in 2011, Jolie-Pitt has awarded $500,000 to Joplin, Missouri for rebuilding their storm ravaged city.