Baldwin Charity Scandal: Alec's Sister Under Fire For Earning Hundreds Of Thousands Of Dollars From Family's Breast Cancer Charity
Sept. 3 2013, Published 6:31 a.m. ET
With a combined net worth approaching $100 million, the Baldwin family -- including brothers Alec, Billy, Stephen and Daniel -- are practically royalty.
Their sister, Elizabeth Baldwin-Keuchler, has lived her life outside of the spotlight, but she's still making out pretty well too: In 2009, 2010 and 2011, she pocketed $243,473 in salary and other compensation as the "executive director" of her mother Carol's charity, The Carol M. Baldwin Breast Cancer Research Fund of Central New York, Breaking Celebrity News has exclusively learned.
That sum represents more than half of the charity's revenue after other salaries, expenses and donations.
"It angers me that nobody's looked into the expenses of the fund," James Edstrom, Carol Baldwin's former best friend and a volunteer for the Fund in the 90s, tells Breaking Celebrity News in an exclusive interview.
DOCUMENTS: Read The Baldwin Family's Breast Cancer Charity Tax Filings
"Nobody seems to be outraged that Elizabeth's ... expenses are paid for and she gets a salary out of the fund."
Indeed, tax documents obtained by Breaking Celebrity News show that between 2009 and 2011, the fund raked in $416,916 in revenue after expenses and shelled out around 58% of that, or $243,473 to Elizabeth as salary.
"The Baldwins like to call them 'stipends,' but no matter what way you say it, you're getting paid," he says.
"You look at a family like that that … and everybody thinks they're doing it for the goodness of their hearts. If you're gonna do a charity and you're a wealthy person, there's no reason to take any money out."