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Mary J. Blige Charity

Sued Over Missing $250k

5/27/2012 6:20 AM PDT BY TMZ STAFF
breaking news

0525_mary_j_blige
Mary J. Blige's charity is more TAKE than give ... this according to a bank which claims it lent the foundation $250,000 ... but only got $400 back.

TMZ has learned ... the Mary J. Blige and Steve Stoute Foundation for the Advancement of Women Now is being sued by TD Bank over a $250k loan it took out back in June 2011.

According to a suit filed earlier this month in New York, the foundation agreed to pay the money back by December 2011, but when the time came to collect ... the org. had only put a $368.33 dent into the principal.

The bank claims it has demanded payment in writing on February 7 and 29, but hasn't heard back from the foundation. 

This lawsuit isn't the only troubles with which the foundation is dealing. It didn't file a federal tax return for 2010 .. so says the NY Post, and it's also being sued by musicians from a 2011 fundraising gala who claim when it came time for payment they were stiffed.

A rep for Blige tells TMZ, "The Mary J. Blige and Steve Stoute Foundation For The Advancement Of Women Now, Inc. (FFAWN) is presently transitioning its management and headquarters."

The rep adds, "We remain committed to our mandate of helping  women gain the confidence and skills necessary to reach their full individual potential."

30 COMMENTS

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1.

V Kint    

Perhaps the woman who was advanced by this Foundation now was Mary J. Blige...

792 days ago
2.

buck    

Crook and talentless in the charity and music field. What a waste?
How mary got a music contract, only God knows. Oh my big butt go me in the music field.
How she made $48M? Terrible perform Memeber of Generation " T he Talentless"
mary cannot sing and I would not pay a penny to buy or see her sing.

Mary did you tell the AA that you West Indian descent? Hater

792 days ago
3.

cman    

THIRD!!!!!!!

792 days ago
4.

Truth    

WOW, SUED BY A CANADIAN BANK TOO... SHE MUST SUCK!! #TRUTH!!

792 days ago
5.

Jordan    

Mary smeone needs to teach you the goal of a charity is to have people donate money so you do not have to take out loans. It sounds like nobody cares about your charity. I have some advice for you take some of your earnings pay the bank yourself (by the way not a charitable danation paying the bank.) Then go back to school earn a GED then go to college and get a degree in something. If you want to be a business woman than you have to know how it works and stop depending on people doing it for you.

792 days ago
6.

Jordan    

The charity is definatly commited to helping woman it is comitted to Helping Mary J. Blidge until someone can prove she is not a woman and Diddy did express she is a good time.

792 days ago
7.

stu    

She spent it all @ BK.

792 days ago
8.

Canadasux    

My guess is that the foundation's HQ will soon be transitioned to an off-shore location.

792 days ago
9.

DaveT    

2010: "Mary J. Blige punched husband Kendu Isaacs in the face at her record release party at club M2.. The singer slugged Isaacs....drawing blood.....Blige and Kendu got up in each other's faces before someone tried to separate them, at which point she shoved the guy aside, pulled back and punched Isaaces in the face."
---
Then they kicked Isaacs out of the club for yelling....and let her Blige stay for the party.
Did media cover it like they covered Chris Brown domestic fight?
Nope. Chris doesn't have a vagina.

792 days ago
10.

NDNchief    

What do you expect from an ex-crackhead(Mary) and a dude(Stoute) that got beatdown with a champagne bottle for running his mouth and basically being shady.

792 days ago
11.

Jordan    

Why is she crying does she miss having the Burger King chicken wrapes. Maybe she has trouble paying for them now.

792 days ago
12.

phanatomic    

Down goes my inspiration.

792 days ago
13.

Arthur J Kenney    

****in ******s

792 days ago
14.

Joao    

You tell 'em Mary, charity starts at home. You have to first hook yourself up with that money before you can help others. Chit, you worked hard to con that money from that bank-now they want to act stupid and expect you to pay them back... What the hell are they thinking. You gave them almost $500. That's enough.

792 days ago
15.

MrHarrybawls2010    

She is an idiot and her music sucks.

792 days ago
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