• A-Rod’s Foundation Not Very Charitable

    Posted by on July 14th, 2008 · Comments (2)

    Via the Post

    Alex Rodriguez has no problem doling out dough for fancy toys and stripper gal pals – but when it comes to his two nonprofits for needy kids, he forked over little more than a measly $50,000 for the last complete year of giving, tax records reveal.

    The AROD Family Foundation and AROD Foundation have distributed an anemic total of $146,746 to charitable causes since their launch 10 years ago and up through 2006, the most recent year for which figures are available, a review of IRS filings shows.

    The $28-million-a-year Yankee star regularly spends oodles of money on personal pleasures – including a private plane, a yacht, a waterfront Florida mansion and dozens of other real-estate holdings, as well as scores of lap dances at strip joints.

    The money distributed by his nonprofits, however, pales compared to those of other star athletes.

    For example, A-Rod’s teammate Derek Jeter handed out $1.3 million through his charity in 2006 after taking in $2.3 million in contributions.

    Since its foundation in 1998, the same year as A-Rod’s, the star shortstop’s Turn 2 Foundation has paid out $6 million of the $11.6 million it raised.

    Meanwhile, A-Rod’s foundations have raised a total $658,766 since being set up, records show.

    A-Rod’s spokesman, Richard Rubenstein, yesterday gave The Post this statement:

    “Mr. Rodriguez will be closing down the AROD Foundation and the AROD Family Foundation in 2008 and distributing the funds to a number of noteworthy institutions, including the Bronx Lebanon Hospital Center and the Boys and Girls Club of Miami, where he started a learning center. Funds will also be donated to a select number of charities in the Dominican Republic that are dedicated to children.

    “He has led by example with a number of significant and consistent personal contributions and will continue to do so in the future.”

    Well, it’s been nearly 20 years since there’s been a dust up over a Yankees player’s charitable foundation, so, I guess we were due, huh?

    Is it just me, or, does the Post really have a thing about going after A-Rod on his off-the-field and/or personal stuff? I mean…Jason Giambi has had his issues…with all the BALCO stuff…and I would suspect that Giambi is more of a wild-man in his downtime than Alex…yet, I cannot recall the Post going after Jason like they do A-Rod…

    Or, did they and I just missed it?

    Comments on A-Rod’s Foundation Not Very Charitable

    1. July 14th, 2008 | 12:07 pm

      I think the only time you see Giambi mentioned in an article like this is when A-Rod happens to be at the same party.

      The press certainly has their favorites, it would seem.

    2. Raf
      July 14th, 2008 | 5:23 pm

      Is it just me, or, does the Post really have a thing about going after A-Rod on his off-the-field and/or personal stuff?
      It’s because he’s good-looking, biracial, makes the most money, plays on the most popular team… 😀

      I don’t know if it’s true, Steve, but making comments like the one I just posted could be the reason why the media would go harder after Rodriguez.

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