West started the “Kanye West Foundation” in Chicago in 2003. Its intention was to reduce high school dropout rates among urban youth. Mr West’s charity has officially closed its doors after 4+ years of programming and events. Rumors about the reason of the shutdown have been spreading as Kanye and his team have not released a statement yet and are unavailable for comment.
Some strange facts: “The Kanye West Foundation” raised a total of $492,000 over the four years but only paid out $18,080 over 2007, 2008 and 2009 with a sum of $563 in 2010, according to the “New York Times.” The charity does not appear to have been funded by West even though it filed tax forms as if it were a private foundation. To be continued…
By Noémie Jamar
