A charity even worse than NSAL

Discussion in 'The Howard Stern Show' started by zerokarma, Feb 27, 2013.

  1. zerokarma

    zerokarma Well-Known Member

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    [​IMG]

    Alex Rodriguez’s charity gave only 1 percent of donations to charitable causes
    http://sports.yahoo.com/blogs/mlb-b...-only-1-percent-donations-163106184--mlb.html

    Alex Rodriguez' woes continue. A new Boston Globe review of IRS filings by more than 50 athletes found that the charity established by Rodriguez, as well as those by other notable players, gave far less than the expected percentage of their income to actual charitable causes.

    Nonprofits are generally expected to donate 65 to 75 percent of their revenues to charitable causes, with the remainder going to pay whatever expenses and, if necessary, salaries of nonprofit employees. But according to the Globe, nearly half of the 50 athletes' foundations reviewed fell below that line.

    Rodriguez was not the only athlete whose foundation failed to meet acceptable giving rules, but his was certainly one of the most notorious misses. In 2006, Rodriguez teamed with Jay-Z for a charity poker tournament that helped the A-Rod Family Foundation raise $403,862. (Final reported records often differ from the "big check" as posted above because of facility use and similar expenses.)

    However, the IRS reported that barely 1 percent of that total reached charities: $5,000 to Jay-Z's Shawn Carter Scholarship Fund and $90 — yes, ninety dollars — to a Little League baseball team in Miami
    . The organization then stopped submitting financial reports to the IRS, and was subsequently stripped of its tax-exempt status.
     
  2. RumBalls

    RumBalls The original RumBalls, est. Jan 16, 2012

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    Look at Jay Z. What kind of asshole wears 2 watches at the same time?
     
  3. Teeney

    Teeney My friends call me Lissette Gold

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    Arod needs to do a calendar
     
  4. knu3421

    knu3421 Well-Known Member

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    A-ROD is an asshole!
     
  5. killallposers

    killallposers VIP Extreme Gold

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    an asshole who is also a fucking idiot.
     
  6. Murcielago

    Murcielago Smoke me a kipper, I'll be back for breakfast

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    I'm just glad Douche-Rod is having a horrible ending to his career. Didn't last long enough to break any major records and his best years are tainted by PEDs, he'll be remembered in the same class as Bonds, McGuire and Sosa.

    Would be interesting to see how many friends and family memebers he has 'working' for his foundation.
     
  7. BethSucks

    BethSucks Well-Known Member Staff Member

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    That's nothing, the Beth Stern Photographic Arts Foundation just made a grant to replace a snow damaged bikini.
     
  8. knu3421

    knu3421 Well-Known Member

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    Arod sucks ass in october!
     
  9. schnauzer

    schnauzer Well-Known Member

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    The kind that wears sunglasses at night
    [​IMG]
     
  10. knu3421

    knu3421 Well-Known Member

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    corey hart does ^
     
  11. jimbronie

    jimbronie Well-Known Member

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    One is the correct time. The other is CPT.
     
  12. racerx

    racerx New Member

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    i wish they would tax charities. then lower everyone else's taxes until its equal. do that with all deductions
     
  13. j shmuck

    j shmuck Well-Known Member

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    I always felt A-Rod was a phony douchebag.
     
  14. MrWarmth

    MrWarmth ADORABLE DEPLORABLE Gold

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    And both were stolen

    :rs:
     
  15. GIRLY

    GIRLY OV

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    [​IMG]
     
  16. FSFN

    FSFN Well-Known Member

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    I have yet to figure out why people think gay-z and his wigged wife have any talent.
     
  17. RenchFries

    RenchFries Official Dawgshed Dutch representative Gold

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    That's fucking hilarious. I always find this kind of shit funny as fuck.
     
  18. Obi Drunkenobe

    Obi Drunkenobe VIP Extreme Gold

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    I heard about this on the radio today. Thought it was hilarious that a Boston newspaper dug up this dirt on a Yankee player.
     
  19. Murcielago

    Murcielago Smoke me a kipper, I'll be back for breakfast

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    Wonder how long it will take this knob to realize his 'stylist' is playing a series of practical jokes on him.
     
  20. Beth143nacho

    Beth143nacho Well-Known Member VIP

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    A Reggie