Will and Jada’s Charity Is Shutting Down

Will Smith, left, and Jada Pinkett Smith arrive at the Oscars on Sunday, March 2, 2014, at the Dolby Theatre in Los Angeles. (Photo by Jordan Strauss/Invision/AP)

The Will and Jada Smith Family Foundation is shutting down. According to a report in Variety, ever since “the slap” at the Oscars in 2022, the foundation has lost revenue by 83% when corporations like American Airlines and CAA decided not to donate to the foundation anymore.

Will Smith and Jada Pinkett Smith are shutting down their charitable foundation due, at least partly, to fallout from Will's infamous Oscars slap.

Read more 👇 https://t.co/1J9BK8Wivt

— TMZ (@TMZ) March 27, 2024

The foundation focused on health and wellness, arts education, and sustainability. According to the report, Will and Jada had planned to dissolve the foundation before “the slap.”

On this day two years ago, Will Smith slapped Chris Rock at the 94th Academy Awards ceremony. pic.twitter.com/eIifPBExhw

— Know Your Meme (@knowyourmeme) March 27, 2024