The 2011 tax return for the Jane Fonda Foundation showed its entire portfolio was valued at $798,133 but made no donations from 2007 to 2011. The return listed Fonda as the foundation’s President and Chairman of the Board. TSG included a copy of the foundation’s IRS disbursement form to substantiate their report.
Needless to say, the IRS has stringent requirements for private foundations. Specifically, a foundation must annually distribute income distribute income for charitable purposes – so the foundation is five years behind with their annual commitment.
One conservative pundit opined, “The interesting part of this is that while the IRS has plenty of time to harass conservative 501(c)(4) groups …they are ignoring Hanoi Jane’s compliance problems with her foundation.”
However, in a follow-up story by TMZ, Ms Fonda “discovered” that foundation donations were made from her personal checking account instead of the foundation’s bank account by an unnamed person. When the mistake was discovered, the assistant was fired and the error corrected. Officials at the foundation have since reported $500,000 was donated to “needy groups” and that they are now in compliance with the law. However, since the latest IRS forms were filed in 2011, this has not yet been verified.
One interesting tidbit has not yet been reported: The Smoking Gun is part of Turner Entertainment Digital Network, which was named for Fonda’s former husband, Ted Turner.
Vietnam veterans are not surprised at Fonda’s latest antics, especially after a report earlier this year discussing her role as Nancy Reagan in the upcoming movie, “The Butler”. Shortly thereafter, she went out of her way to tell protesting veterans, “Get a life”. Then, she stuck it to those same veterans again when she wore a t-shirt to one of the movie’s promotions that had her own “Hanoi Jane” image on it. Wearing that particular shirt was her own way of reminding most Vietnam Veterans why we came to despise her.
So let’s get this straight.
2. Tax returns for The Jane Fonda Foundation show 166 stock trades that netted $2200 from shares from thousands of stocks;
3. When an “oversight” regarding a lack of foundation donations was brought to her attention, she discovered that “someone” paid donations out of her personal account instead of the foundation’s account. So,
4. We are supposed to believe that this hands-on lady allowed someone else to make foundation donations out of her personal account?
These points re-enforce our opinion that, after her ill-fated trip to North Vietnam in 1972, she hasn’t changed a bit. Indeed, most Vietnam Veterans still can’t believe a word she says and will never forgive her for her traitorous actions. After all, to what conclusion could we otherwise conclude?
Bottom line? Fonda’s charity does indeed appear to be a charade. Hanoi Jane tried to be “Charity Jane” but, as everyone knows, a leopard can’t change her spots.