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Thread started 07/01/16 12:41pm

laytonian

July 2015--$34 million donation to the San Francisco Foundation??

If true, the charity should come forward now and confirm or deny this rumor.

http://www.sfweekly.com/shookdown/2016/07/01/rumor-has-it-prince-might-have-donated-34-million-to-the-san-francisco-foundation-before-his-death

Welcome to "the org", laytonian… come bathe with me.
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Reply #1 posted 07/01/16 2:56pm

thedoorkeeper

Why should they come forward & confirm or deny the RUMOR?
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Reply #2 posted 07/01/16 3:11pm

laytonian

thedoorkeeper said:

Why should they come forward & confirm or deny the RUMOR?

So that it's no longer a RUMOR?

The truth shall set you free.

Welcome to "the org", laytonian… come bathe with me.
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Reply #3 posted 07/01/16 3:19pm

suomynona

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laytonian said:

thedoorkeeper said:

Why should they come forward & confirm or deny the RUMOR?

So that it's no longer a RUMOR?

The truth shall set you free.


Have you ever donated to a charity? There is the option to remain anonymous. If Prince chose to remain anonymous, perhaps they are simply respecting his wishes.

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Reply #4 posted 07/01/16 3:21pm

laurarichardso
n

laytonian said:

If true, the charity should come forward now and confirm or deny this rumor.

http://www.sfweekly.com/shookdown/2016/07/01/rumor-has-it-prince-might-have-donated-34-million-to-the-san-francisco-foundation-before-his-death

Still wondering if he did this why was he giving so much money away.

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Reply #5 posted 07/01/16 3:45pm

deerpath

The confirmed news is his #YesWeCode program should be secure for a while.

  • Oakland Codes: Housed at TSFF, this $4 million investment will fuel seven Oakland-based organizations – Black Girls Code, David Glover Center, Hack the Hood, Hidden Genius Project, Qeyno Labs, #YesWeCode, and Youth Impact Hub – to ensure that one of Oakland’s strongest assets, its diversity, is reflected in the rapidly growing hub of high-tech employers.

“With as little as nine to twelve months of training in computer coding, these young adults are able to successfully compete for entry-level jobs earning between $55,000 to $75,000, once they are socialized into the high tech work environment and are capable of representing themselves and their skills to tech employers.” – Van Jones, #YesWeCode

There is a lot of money out there so it could be a gift from anyone really. But it is good to see this program is secure for a while as a beneficiary of this gift.

"Hold on to your souls y'all. We got a long way to go. Thank you! We love y'all!"
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Reply #6 posted 07/01/16 3:47pm

Marrk

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"Some days, I make a lot of money
And give it all away" - Prince, 'Tangerine'


Little secrets in his songs.

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Reply #7 posted 07/01/16 3:55pm

all7even

You can't take it with you when you die
He had no known children/wives
He probably felt great doing it
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Reply #8 posted 07/01/16 4:00pm

laurarichardso
n

all7even said:

You can't take it with you when you die He had no known children/wives He probably felt great doing it

That is what I think. He had nothing else to do with the money and wanted to help others.

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Reply #9 posted 07/01/16 4:28pm

purplethunder3
121

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yes

"Music gives a soul to the universe, wings to the mind, flight to the imagination and life to everything." --Plato

https://youtu.be/CVwv9LZMah0
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Reply #10 posted 07/01/16 5:21pm

rogifan

laytonian said:

If true, the charity should come forward now and confirm or deny this rumor.

http://www.sfweekly.com/shookdown/2016/07/01/rumor-has-it-prince-might-have-donated-34-million-to-the-san-francisco-foundation-before-his-death


They don't have a lot of proof; seems like week sauce to me.
Paisley Park is in your heart
#PrinceForever 💜
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Reply #11 posted 07/01/16 5:28pm

tmo1965

laurarichardson said:

laytonian said:

If true, the charity should come forward now and confirm or deny this rumor.

http://www.sfweekly.com/shookdown/2016/07/01/rumor-has-it-prince-might-have-donated-34-million-to-the-san-francisco-foundation-before-his-death

Still wondering if he did this why was he giving so much money away.

Probably because he was making more than he could ever spend.

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Reply #12 posted 07/01/16 5:52pm

nursev

Glad he did good works til the end.

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Reply #13 posted 07/01/16 6:05pm

Kara

avatar

rogifan said:

laytonian said:

If true, the charity should come forward now and confirm or deny this rumor.

http://www.sfweekly.com/shookdown/2016/07/01/rumor-has-it-prince-might-have-donated-34-million-to-the-san-francisco-foundation-before-his-death


They don't have a lot of proof; seems like week sauce to me.

I agree. It seems the writer just pulled this theory out of her ass... http://sfsoundsmedia.com/...ncelovedu/
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Reply #14 posted 07/01/16 8:17pm

EnDoRpHn

Kara said:

rogifan said:
They don't have a lot of proof; seems like week sauce to me.
I agree. It seems the writer just pulled this theory out of her ass... http://sfsoundsmedia.com/...ncelovedu/

If it was truly an anonymous donation, no one will ever know for sure. The closest you could come would be to pull some verification out of the 990, but their 2015 submission is not yet available publicly (they may have filed an extension).

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Reply #15 posted 07/02/16 1:00am

deerpath

EnDoRpHn said:

Kara said:

rogifan said: I agree. It seems the writer just pulled this theory out of her ass... http://sfsoundsmedia.com/...ncelovedu/

If it was truly an anonymous donation, no one will ever know for sure. The closest you could come would be to pull some verification out of the 990, but their 2015 submission is not yet available publicly (they may have filed an extension).

I don't know, perhaps Van Jones was referencing this gift when he talked about all the programs Prince supported. I thought he was talking about work of the defunct foundation, but maybe this is that gift?

It would have been a cash donation. No estate gift. No pledged gift. The media release was last year on July 14. That is an incredible gift and whoever the donor might be, it is good that programs like #YesWeCode and all the other programs Prince cared about are funded.

From the SFCF website http://sff.org/the-san-fr...n-oakland/

Breakout of the Investment

Projected Impact:

  • $34 million total
  • 731 new affordable housing units built
  • 2,502 new jobs created
  • 62,570 people served

[Edited 7/2/16 1:01am]

"Hold on to your souls y'all. We got a long way to go. Thank you! We love y'all!"
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Reply #16 posted 07/02/16 1:30am

deerpath

Such a heart... Perhaps if he'd lived, he and PP would have become part of the university performing arts program. He could have been part of a teaching team to introduce and cultivate performing arts in children, youths, young adults and other community people.

There would be a memorial exhibit that could be a source of sustaining revenue, but the rest of complex could be a school for children and people at all levels. University to grade school. All backgrounds, but especially economically disadvantaged children and youths. Camps, seminars in all the performing arts areas, creation, production, performing, business, even philanthropy and the arts. The opportunities are as big as Prince's heart.

It has been the site for community groups like The Red Blood Theater. Likely there are others. Is Kirk Johnson back and managing again? He needs to be there. And the others who worked with him to manage the facility.

Be like Prince.

Think big.

Very big.

"Hold on to your souls y'all. We got a long way to go. Thank you! We love y'all!"
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Reply #17 posted 07/02/16 2:15am

Eileen

I doubt it, for several reasons. That scale of donation hasn't been Prince's style. The donor is described as an East Bay resident in 2015. And Van Jones wouldn't have been quiet about all the other $$ (while trumpeting YesWeCode etc.).


That said, anything is of course possible.

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