A new ESPN report has led to questions about a charity run by Khloe Kardashian and Lamar Odom, as an investigation by Outside the Lines makes it clear:
Cathy’s Kids has not given a dime to charity-related causes, despite raising $2.2 million since its creation in 2004.
A look into the charity's tax records reveals that Cathy's Kids - named in honor of Lamar's late mother, who died of stomach cancer - has been primarily used to finance two elite youth basketball teams.
Moreover, the only executive listed as having received a salary is Jerry DeGregorio, Odom's high school coach and the best man in his wedding to Kardashian.
Now an assistant with the Golden State Warriors, DeGregorio was listed at the secretary of Cathy’s Kids from 2004 through 2011, for which he was paid a median annual salary of about $72,000... despite the charity operating at a loss during that period.
Making matter worse? Or certainly not any better?
When approached in a locker room by ESPN reporters, Odom replied to the charity’s spending habits by saying, “It’s my money.”
That response may come back to haunt Lamar because it is a violation of tax laws for a charity to spend money outside of its stated mission.
We'll update this story as news breaks, but the Khloe Kardashian wardrobe malfunction from this weekend may soon be the least of this couple's worries.
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