(TC) Tom Brady Gets Exposed For Shady Charity Practices (TWEETS)

Tom Brady with his helmet onTAMPA, FLORIDA – OCTOBER 27: Tom Brady #12 of the Tampa Bay Buccaneers looks on during pregame warm-ups prior to a game against the Baltimore Ravens at Raymond James Stadium on October 27, 2022 in Tampa, Florida. (Photo by Mike Ehrmann/Getty Images)

As things get better for Tom Brady on the field, he finds himself in another scandal off of it.

Tom Brady’s donations to his own charity, the TB12 Foundation, are now being called into question. Brady has allegedly only donated $200,000 to his charity. That is considerably terrible when you find out the foundation has paid Brady’s FOR-PROFIT company TB12 more than $1.6 million. It’s the only company listed as an “independent contractor,” according to The Daily Beast.

Public records for the quarterback’s charity revealed that Brady’s sports therapy and wellness company was in the red fiscally. In 2020, the company had an outstanding balance of $7 million in net capital.

In the meantime, his TB12 Foundation has doubled its revenues in recent years with donations from just a small number of supporters. The quarterback’s longtime body coach and company co-founder, Alex Guerrero, and the then-CEO, John Burns, became directors of the company.

Tax records show that the company paid Guerrero and Burns $497,461 and $630,846. Both Brady and Guerrero are each listed in the 2021 tax form as a “majority owner” of the company.

Related Posts

Our Privacy policy

https://mortoday.com - © 2024 News