Jane Fonda has a charitable foundation

You remember Hanoi Jane, right?

Well, since her halcyon days as a Communist rally organizer and America Hater First Class, she’s apparently mellowed with age. She’s now 75 and hasn’t made a movie in forever, and doesn’t show up at any Democratic events anymore either. My guess is that since today’s Democratic Party is a tad to the left of where she was in 1968 she’d feel out of place being the most conservative one in the room.

Hanoi Jane is now Charity Jane. She has her own foundation, the Jane Fonda Foundation, and she spends her time – when she’s not elbowing John Kerry out of the way for Botox – running her foundation.

Though Jane Fonda’s private foundation has nearly $800,000 in assets, the group has not made a charitable contribution during the last five years for which it has filed federal tax returns, an apparent violation of Internal Revenue Service rules.

According to the Jane Fonda Foundation’s most recent tax return–filed last year and covering calendar year 2011–the organization’s cash, stock, and bond portfolio was valued at $798,133. The filing lists the 75-year-old actress as the foundation’s president and chairman of the board, and reports that she devotes 10 hours a week to the charitable group.

The foundation hasn’t made a charitable contribution since 2006, according to IRS public records, when they donated $1,000 to the Atlanta Obstetric and Gynecology Society.

The interesting part of this is that while the IRS has plenty of time to harass conservative 501-c4 groups, and audit critics of ObamaCare, they are ignoring Hanoi Jane’s compliance problems with her foundation.

IRS regulations require private foundations to make annual distributions totaling at least five percent of its assets. The rule is intended to prevent foundations from stockpiling and investing funds (while never making contributions, gifts, or grants). If applicable, the so-called Five Percent Rule could have forced Fonda to distribute a minimum of about $40,000 in 2011.

If a private foundation fails to make required minimum distributions, it faces stiff IRS penalties.

I can’t wait to find out when they’re planning on auditing her. After all, the IRS are non-partisan public servants, right?

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Posted by on December 14, 2013.
Filed under Culture.
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Michael Becker is a long time activist and a businessman. He's been involved in the pro-life movement since 1976 and has been counseling addicts and ministering to prison inmates since 1980.Becker is a Curmudgeon. He has decades of experience as an operations executive in turnaround situations and in mortgage banking. He blogs regularly at The Right Curmudgeon, The Minority Report, Wizbang, Unified Patriots and Joe for America. He lives in Phoenix and is almost always armed.

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  • jim_m

    Sounds like she has founded the Human Fund.

    Don’t hold your breath for her to be audited. As a leftist the laws do not apply to her.

  • Commander_Chico

    I am glad she is being hounded for this. A noxious woman. The Vietnam war was a waste, but to pose on an NVA gun?

    • Brett Buck

      Absolutely. A very good argument could be made for charges of treason just based on the verifiable/admitted facts, not to mention the other aspects that do not have immediate verification. That picture alone is pretty clear-cut as supporting the political prosecution of the war by the enemy. Not as clear-cut as Kerry, but a good argument.

      • Commander_Chico

        She is damn cute in that mugshot picture, though. Must have been when she was making Klute, same haircut.

        • Brett Buck

          Wherein she played a whore, role she reprised in the 80′s and 90′s.

          This is a perfect example that appearance is not everything – utterly repellent.

    • Retired military

      Yeah Chico would have approved of a Nazi flag or a burning cross but not an NVA gun.

      Hey Chico

      “As I said before, try answering what people say, and not try to put words in others’ mouths, debate goes better” – Chico, Famed Wizbangblog poster

      1 Oprah,the Lamestream media, Reid, Pelosi, and other major dems have called people racist simply because they oppose Obama’s
      policies. Yet when they oppose those same policies when espoused by Bill, Hillary. Reid, Pelos, Gore, Kerry, etc etc they weren’t considered racist then by Oprah, etc etc (I don’t know isn’t good enough)

      2. People were called racist anarchist terrorists when they tried to delay Obamacare yet Al Franken who did the same thing wasn’t called Racist. Do you feel that it is because he is a democrat and the people doing the call just playing the race card because that is all they have?

      3. People were called racist anarchist terrorist when they called for the delay of all or part of Obamacare and Obama who is unconstitutionally doing the same thing is not called a racist anarchist terrorist. Do you feel that it is because he is a democrat and the people doing the calling are just playing the race card because that is all they have?

  • GarandFan

    Sorry, but the IRS and Eric Holder are concerned about SERIOUS violations of the law.