Jane Fonda $800K Charity hasn’t donated dime since 2006

(The Smoking Gun) — Though Jane Fonda’s private foundation has nearly $800,000 in assets, the group has not made a charitable contribution during the last five years for which it has filed federal tax returns, an apparent violation of Internal Revenue Service rules.

Jane-FondaAccording to the Jane Fonda Foundation’s most recent tax return–filed last year and covering calendar year 2011–the organization’s cash, stock, and bond portfolio was valued at $798,133. The filing lists the 75-year-old actress as the foundation’s president and chairman of the board, and reports that she devotes 10 hours a week to the charitable group.

In the most recent tax return, Fonda’s foundation reported making no contributions or grants. Prior tax returns show that the organization, which is headquartered in Atlanta, Georgia, similarly made no payouts in 2010, 2009, 2008, and 2007. In 2006, the group made a single $1000 donation to the Atlanta Obstetric and Gynecology Society.

Read More at the Smoking Gun

IRS Data -

14-1890432  Jane Fonda Foundation Inc. Atlanta GA United States PF

 

This is Information from Charity Navigator on the Jane Fonda Foundation

This organization is not eligible to be rated by Charity Navigator because it is a Private Foundation.

Private foundations receive the majority of their money from only one individual, family or corporation. This differs from the public charities that Charity Navigator evaluates. Public charities have a broad-base of support from the general public as well as variety of other funding sources. The IRS requires that private foundations file a Form 990-PF which differs from the document public charities file. This makes it impossible for us to compare the financial performance of private foundations to public charities.

EIN 14-1890432
Name in IRS Master File JANE FONDA FOUNDATION INC
Street Address 1450 W PEACHTREE ST NW
City, State, Zip ATLANTA , GA 30309-2955
NTEE Code B99
NTEE Classification Education N.E.C.
NTEE Type Educational Institutions and Related Activities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Private non-operating foundation
Deductibility Contributions are deductible
Affiliation Independent – the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Exempt Organization Status Unconditional Exemption
Ruling Date April, 2004
Asset Amount $798,133
Income Amount $155,238
Form 990 Revenue Amount $0
Latest Form 990 Return December, 2011
Filing Requirement Required to file form 990-PF
Fiscal Year End December

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