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Tom Brady & Gisele’s Foundation Only Gave .00008% of Couple’s $770M Net Worth to Charity

by Simranjit
3 years ago
in Celebrities, Viral
Reading Time: 1 min read
0

After Tom Brady and Gisele Bündchen got divorced, they split $770 million in assets down the middle. This has left a lot up in the air. But it was said that the couple’s charity got caught up in the split. According to public records, the foundation donated only.1% of the couple’s fortune to charity between 2007 and 2019.

According to tax forms, the Luz Foundation gave $300 to an environmental group in Costa Rica in 2018, $1000 to the Challenged Athletes Foundation, and $900 to the World Wildlife Fund. Most of the foundation’s money has gone to meditation and yoga groups. Luz gave $80,000 of the Pointing Out the Great Way Foundation’s $350,000 budget. The nonprofit group in Massachusetts promotes Indo-Tibetan meditation.

From 2007 to 2019, the Luz Foundation gave $640,402 to different groups. This is .00008 of the couple’s net worth. According to Bündchen, the Luz Foundation was started in 2007 to give grants and help young girls. But three years later, the foundation was given tax-exempt status.

Tags: charityGisele BundchenLuz FoundationTom Brady

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