Pelosi Foundation:
Disbursements Drop 50%
Disbursements Drop 50%
The Speaker of the House and her husband have their own "vanity charity," the Paul and Nancy Pelosi Charitable Foundation, and the 2008 IRS tax filing for it shows the foundation disbursed a total of $70,000 to assorted nonprofits primarily in San Francisco.
A nice chunk of pocket change, to be sure, but it's 50% less than what the Pelosi gave out last year.
The 2007 tax filing reports the foundation disbursed $139,700 that year, but the 50% falloff from then may be a causality of the recession.
Also, in 2007 the Pelosi's gave $2,500 to the homo-hating Catholic Archdiocese of San Francisco, but in the following year received nothing from foundation. Heh.
And the 2008 donation figure is a steep drop from what the Pelosi foundation disbursed in 2005. This is excerpted from a January 2007 story in USA Today about Democratic Party leaders and their private charities:
Created in 1992, the [Pelosi] non-profit has donated hundreds of thousands of dollars in recent years. The charity reported having about $576,000 on hand at the end of 2005 after donating $316,000 to other charities that year.
If you compare the $316,000 number from 2005 with the $70,000 amount for the most recent fiscal year, there's an almost 78% decrease in disbursements. No matter how the donation figures are sliced, the Pelosi nonprofit is giving away a lot less money than it once did.
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