A-Rod is in A-Lot of trouble again. But this time he messed with kids, and that’s really not cool.
The Boston Globe identified a number of offenders in its recent review of 150 Internal Revenue Service filings by 50 nonprofits run by professional athletes. One of the worst organizations was the A-Rod Family Foundation, which gave just 1 percent of its proceeds to charity during its first year of operation.
The IRS stripped the foundation of its tax-exempt status after it stopped submitting required financial reports, according to the Globe, but the organization’s website is still up and running and claims to be a 501c3.
The website says that it’s devoted to helping distressed families by supporting educational and mental health programs. But right off the bat, A-Rod appeared to be stiffing the cause. In 2006, its inaugural year, he hosted a celebrity poker tournament with Jay-Z and raised $403,862. According to the Globe, just $5,000 went to Jay-Z’s Shawn Carter Scholarship Fund and $90 to a Little League Baseball club in Miami.
See the full article by Eleanor Goldberg in the Huffington Post