Will and Jada Smith are about to become a lot less charitable — through their foundation, at least.
On Tuesday, Variety reported that the highly talked about couple are closing down their charity the Will And Jada Smith Family Foundation after seeing a decline in donations from some major players.
According to tax docs obtained by ProPublica and reviewed by the outlet, the charity had been on a path of growth in the last few years — until one unforgettable moment shocked the world. Related: Kim Kardashian Wanted To Have KIDS With Odell Beckham Jr.?! In 2020, the foundation’s revenue was reported at $1,760,000, while in 2021 it grew to $2,138,660.
But after the Bad Boys star infamously slapped Chris Rock on live TV at the Oscars the following year, support TANKED!
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