Contact Us

Mary J. Blige’s FFAWN Charity Reaches Settlement in Bank Debt

Mary J. Blig
Andrew H. Walker, Getty Images

TD Bank has reached a settlement with Mary J. Blige‘s charity, which will require the organization to pay back a fraction of the $322,000 it owes the financial institution.

Mary J. Blige and Steve Stoute’s Foundation for the Advancement of Women Now (FFAWN) will only have to pay back $125,000, according to TMZ. They were ordered to pay an initial payment of $15,000, followed by 12 payments of $9,166.

Reports began to surface of the charity’s financial troubles in 2012, when donation money was reported missing. The charity organization also failed to file federal tax returns for 2010, and failed to pay back a loan from TD Bank at the agreed deadline.

Blige said she was unaware of her foundation’s mismanagement and said she would take responsibility for its downfall.

The singer founded FFAWN in 2007, “to inspire women from all walks of life to gain the confidence and skills they need to reach their individual potential,” according to the organization’s Facebook page.

Best of the Web

More From Around the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://thedrop.fm using your Facebook account.

Please fill out the information below to help us provide you a better experience.

Register on TheDrop.fm quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here

Register on TheDrop.fm quickly by logging in with your Facebook account. It's just as secure, and no password to remember!