Report: Jane Fonda's Foundation Hasn't Given One Penny to Charity in Five Years
Jane Fonda, one of Hollywood's most liberal stars, runs a charity that hasn't donated a penny to good causes over the last five years.
The Smoking Gun reports that the actress, derisively dubbed Hanoi Jane for her embrace of America's Communist enemy during the Vietnam War, oversees a foundation that faces stiff IRS fines for its stingy behavior.
According 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.
That doesn't mean the group was dormant despite its lack of charitable actions.
While Fonda’s foundation has not been making donations, the group has tried to grow its stash via the stock market. For example, the foundation’s last tax return lists 166 separate trades--involving thousands of stock shares--that netted about $2200.