FOX 411: Britney's $200k Deficit

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Britney Spears’ Foundation Is Bleeding For Attention, Cash
Published 7/22/2008 by david at Jossip
... If TMZ’s shtick is breaking courthouse news, then FoxNews.com gossip Roger Friedman’s beat is charity scandal. More than happy to dig through the non-profit records of Scientology and Kabbalah, Friedman turns his attention to the Britney Spears Foundation, the pop star’s erstwhile attempt at doing good for humanity. But like Ms. Spears’ personal life in recent years, the foundation is suffering its own troubles. Tax filings from 2006 show the charity was nearly $200,000 in the red; some $150,000 came in as revenue, but $345,000 went out as expenses. Some ...

What happened to Britney's foundation?
Published 7/23/2008 by Ann Oldenburg at USATODAY.com - Lifeline Live
Britney Spears' charitable foundation is not doing well. According to Fox 411's Roger Friedman, it has a deficit of nearly $200,000. The Britney Spears Foundation's Form 900 tax filing has just arrived, and it shows that Spears came up short $195,445 for the year 2006. Total revenue was $148,614. But total expenses came to $344,063. Among the expenses were two salaries that each came to a little less than $40,000. One employee is Corina O. Biggar, who’s run Britney’s foundation from her home in Massachusetts. The other is listed as John McMahon, a former New York City cop. ...

DID BRITNEY’S FOUNDATION BITE THE DUST?
Published 7/23/2008 by Arasto at Faded Youth Blog
... Her career may be on an upswing, but Britney Spears’ charitable foundation is not doing as well. In fact, it has a deficit of nearly $200 000. ...