NY POST: Tina Brown’s charity gave out just $10K.
The celebrity-backed charity launched by departing Daily Beast editrix Tina Brown failed to meet the company’s goals in its first year out of the gate — handing out just $10,000 in grant money in 2011 despite raising nearly $1.2 million, IRS records show.
The nonprofit Women in the World Foundation kicked off to much fanfare in 2011 with a star-studded Manhattan party that cost $168,048 and was hosted by Meryl Streep.
In IRS registration papers, the foundation estimated it would give out $300,000 in grants from June to December 2011, but fell short of the mark, with a single $10,000 payout to the Fund for the City of New York, records show.