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Wednesday, November 26th, 2014

Mary J. Blige Admits Her Charity Was Mismanaged

Mary J. Blige admits the lawsuit against her charity is due to mismanagement.

“As Founder and CEO of FFAWN, I am ultimately responsible for anything that goes wrong. The problem is that I didn’t have the right people in the right places doing the right things,” said Blige in a statement.  “This should have never been allowed to happen, but it did and now we are fixing it.”

Blige and her foundation Steve Stoute Foundation for the Advancement of Women Now (FFAWN) are being sued for $250, 000 for failing to repay a loan to TD Bank in New York. Despite the controversy and confusion surrounding the moving of FFAWN’s headquarters, the “Real Love” singer said the organization isn’t going anywhere, it’s undergoing a transformation.

“FFAWN is not closing down. FFAWN is working as quickly as possible with a new team of experts that includes a philanthropic consulting firm, a non-profit law firm, and a forensic accountant,” she continued. “Their goal is to get the Foundation back on track, rectify outstanding issues, and make good on all of FFAWN’s obligations.”

Blige also found a bright side to the situation. “The good news is that we have been in touch with the MJB Center in Yonkers and the scholarship program, and both are in good shape,” she said.

 

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  1. [...] Women Now, Inc comes under fire from scholarship recipients. Last week, news surfaced that TD Bank sued the foundation for defaulting on a $250,000 loan. Several days later Mary J revealed her plans to get things back [...]

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