Britney Spears’ Charitable Foundation is Over

HollywoodNews.com: Britney Spears is an almost 30 year old mother of two who is still living under a conservatorship. She used to have a charity called the Britney Spears Foundation. Not so much anymore. According to the most recent federal tax filings, Spears’ parents and a guy with the perfect name of Andrew Wallet, have pretty much zeroed out the effort. The Britney Spears Foundation as of this spring now claims $17 in total assets. In December, the Spearses and Wallet send $50,000 to Mercy Ministries of Nashville and $42,000 to Cri Help in California. The former helps young women with pregnancy issues, drugs, etc get back on their feet. Cri-Help is a rehab facility. And that leaves in the till a mere $17, which Britney can use for chewing gum or comic books. It’s kind of a sad end to the Britney Spears Foundation, which was once run by a woman in Massachusetts and was supposed to fund a summer camp for underprivileged kids who wanted to be performers. The last time Spears sent the camp money was in 2008–$21,000. Spears is currently on world tour, with dates in Florida this week. Photo by PRPhotos To read more go to SHOWBIZ411 To see celebrity photo galleries click here Follow Hollywood News on Twitter for up-to-date news information. Hollywood News, Hollywood Awards, Awards, Movies, News, Award News, Breaking News, Entertainment News, Movie News, Music News