Tuesday, July 31, 2012

Pelosi Fdtn Giving Down 35%;
AIDS Orphans Received $250

The 2011 IRS 990 tax filing from the Paul and Nancy Pelosi Charitable Foundation was recently posted online and the amount of grants it gave out last year $84,950, is down 35% from 2009 when the amount was $131,500.

Here's what a July 2011 article in The Hill reported about her net worth when Congress released members' financial disclosure reports:

House Minority Leader Nancy Pelosi (D-Calif.) saw her net worth rise 62 percent last year, cementing her status as one of the wealthiest members of Congress.

Pelosi was worth at least $35.2 million in the 2010 calendar year, according to a financial disclosure report released Wednesday. She reported a minimum of $43.4 million in assets and about $8.2 milion in liabilities. For 2009, Pelosi reported a minimum net worth of $21.7 million.

Just a reminder that she and her husband are part of the 1% in America, who, in my opinion, should be taxed more.

According to the 2010 rankings compiled by OpenSecrets.org, Pelosi is number nine on the list of House and Senate members for net worth, just ahead of Jay Rockefeller.

Let's take a peek at the recipients last year of the Pelosi Foundation's largess, according to the actual pertinent pages of its IRS 990:

Here's the list of nonprofits transcribed from the IRS 990 that received grants last year from the Pelosi Foundation:

1. Georgetown University: $25,000
2. SF Museum of Modern Art: $20,000
3. Trinity College: $10,000
4. St. Martin de Porres School: $10,000
5. SF Convent and Stuart Hall: $3,000
6. UCSF Cardiology Foundation: $2,500
7. SF Free Clinic: $2,500
8. SF Ballet: $2,000
9. SF 42nd Street Moon Musicals: $2,000
10. SF Enterprise High School: $1,500
11. Larkin Street Youth Services: $1,000
12. SF AIDS Foundation AIDS Lifecycle: $1,000
13. SF American Conservatory Theatre: $1,000
14. SF Exploratorium: $1,000
15. SF University: $1,000
16. SF Commonwealth Club: $500
17. SF Fine Arts Museum: $450
18. Global Family Community, AIDS Orphans: $250
19. Network for Food: $250

Thank goodness we have so many transparency laws (we could use a few more), that help us follow the money of the 1%.

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