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BAD BOYS - RIDE OR DIE starring Will Smith, Martin Lawrence (6/7/24)
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This will be interesting if any of that event spills into the Bad Boys 4 box office results.

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The Will And Jada Smith Family Foundation was the perfect outlet for the Hollywood power couple to advocate for the issues that mattered to them, including health and wellness, arts education and sustainability. But Will’s image took a serious hit after he slapped Chris Rock at the 2022 Oscars. Tax filings show that after the incident, high-profile contributors that had given to the foundation in the past stopped, and the enterprise is in the process of shutting down for good.

 

According to tax records from the Will And Jada Smith Family Foundation reviewed by Variety (via ProPublica), the foundation’s revenue dropped from $1,760,000 in 2020 and $2,138,660 in 2021 to $365,870 in 2022. The year-over-year drop of 83% included the departure of contributors such as American Airlines, which donated $76,160 in 2021, and CAA, which contributed $100,000 in 2021.

 

A source close to the foundation told Variety that the couple was winding down the foundation, which they founded in 1996, before the Oscars slap, and is focusing more on giving the same amount to charitable causes — just privately.

 

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