Michael Bolton Charity Under Fire

Only 15 percent of funds went to needy causes; singer hires lawyers to investigate

By Joal Ryan Apr 21, 1998 8:45 PMTags
"Giving back" to the less fortunate, überpassionate singer Michael Bolton has said, is simply "the right thing to do."

So is hiring lawyers and number crunchers to figure out why a charity that bears your name is barely "giving back."

And that's what Bolton is doing in the wake of damaging reports that his Michael Bolton Foundation is operating with the sort of pricey overhead that might have given Liberace pause.

In 1995, the Michael Bolton Foundation, established to help at-risk women and children, earmarked only 15 percent of the nearly $2.6 million it raised for charity cases, records show.

The rest of the money went to cover fund-raising costs and an all-star benefit concert, Jaqueline Smaga, the foundation's executive director said, in a statement Monday.

Bolton "will take any corrective action that may be necessary," Smaga said.

The foundation also officially denied a New York Post report the singer pocketed $150,000 of the charity's funds for himself.

"Michael Bolton did not take a dime," Smaga said.

The performer was said to be in London, unavailable for direct comment.

The attorney general for the state of Connecticut, where the foundation is based, told the New Haven Register that there is no indication of any wrongdoing.

But no one, including foundation officials, seems thrilled with an accounting of the foundation's 1995 expenditures--the most recent data available--that show a mere $293,353 going to charity.

That's almost as much as the foundation spent on catering ($193,000) the 1995 event, A Night of 200 Stars, starring Bolton.

Of the money that did go to charity, a good chunk of the change ($50,000) went to a foundation headed by Whitney Houston, a Bolton kindred spirit in the art of singing really loud.

Smaga said that Bolton, who also raises money through softball games, intends to expand his charity's work.