The Bankruptcy Of Celebrity Charity

Vanessa Grigoriadis roots it out:

Everyone can agree that giving is a beautiful thing, and that the rich and famous among us should be encouraged to donate as much as they possibly can. The problem is that celebrity charities are rarely run well; for every impeccable foundation by Martin Scorsese, there’s a Yele Haiti, Wyclef Jean’s charity, or a nonstarter like Kanye West’s educational foundation, which was shuttered in April. In fact, some philanthropy advisers say that many of the celebrities they counsel don’t even want to donate to their own charities. “Very few sports stars, other than Lance Armstrong, actually donate to their own charities,” says a tax adviser. “Most of them say, ‘My fans will donate.’ Their attitude is ‘I’m contributing my celebrity to this cause.’”