Vanessa Bryant Faces Close Examination For Her Expenditure Patterns

Vanessa Bryant made public in 2023 her collaboration with six colleges to commemorate Kobe Bryant for the upcoming 2023-2024 season under the Mamba & Mambacity Sports Foundation.

As the surviving spouse of the iconic basketball figure Kobe Bryant, Vanessa Bryant has recently come under scrutiny after social media figure Dr. Umar Johnson accused her of not utilizing the deceased athlete’s finances to benefit the Black community.

Vanessa is once again facing backlash following allegations that the Mamba and Mabacita charity foundation, inspired by Kobe Bryant, raised nearly $30 million but did not allocate a significant amount for charitable causes.

As per documents obtained from Sportico, the nonprofit foundation reportedly possessed a net worth exceeding $27 million by the end of 2022. However, tax records unveiled that the charity only dispensed $481,953 towards programs, a figure barely surpassing the combined legal ($250,259) and accounting ($193,854) fees of $37,840.

In 2022, Vanessa Bryant secured a $16 million jury verdict against Los Angeles County in a lawsuit against a sheriff’s deputy and fire department official for disseminating unauthorized photos of her husband and daughter. She had pledged to contribute the damages to the Mamba & Mambacita Sports Foundation.

Despite possessing a substantial amount of funds, the foundation has allocated only a trivial sum for charitable objectives.

The $481,953 earmarked for program expenditures were mainly allocated towards the establishment or renovation of outdoor basketball courts across nine different states.

In 2021, the foundation documented expenses of $423,851 for conducting a basketball skills academy for 130 children and an additional $100,000 towards backing the construction of three basketball courts in Anaheim, Calif., and Philadelphia.

Vanessa Bryant holds the position of board president, and her eldest daughter Natalia also serves as a director of the foundation.

In January 2020, the basketball legend Kobe Bryant and his 13-year-old daughter, Gianna “Gigi” Bryant, tragically perished in a helicopter crash near Calabasas, California alongside seven others.

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