What is it with these celebrity foundations? I just received a press release saying that Nick Jonas, who’s trying to push his new solo career, is the official spokesperson for the Ryan Seacrest Foundation.
Don’t get me wrong– I like Ryan Seacrest and I know he is a hard worker. But according to his foundation’s 2012 Form 990, he pays his dad $64,000 a year and his sister Meredith $140,000 a year. (The sister got a nice increase from 2011, when her salary was just $35,000.) The Foundation claims assets of $993,597. Total salaries came to just over $300,000.
Nice work if you can get it.
Wait, that’s not all. Ryan’s father, Gary, is an Atlanta attorney. Despite his salary, the Foundation isn’t getting its legal work done for free. They claim a $12,000 expense for legal fees.
They only made grants that came to $142,069. And that’s not even cash. It’s in the form of media equipment to three children’s hospitals.
Oy, oy, oy. What can you do? Please, Ryan, clean this up. The only cash going anywhere in this foundation is to your family members. It’s just not good.