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Funds mismanagement: British supermodel Naomi Campbell banned from charity trustee

POSTED ON September 26, 2024 •   ENTERTAINMENT & CULTURE      BY Ebiakuboere England
British supermodel, Naomi Campbell / Photo Credit The Business of Fashion

British supermodel, Naomi Campbell has been removed as a trustee following an examination into her Fashion For Relief organization, which revealed ' serious mismanagement'.

According to Mail Online, official reports revealed that it spent more than £1.6 million on a spectacular gala in Cannes but donated only £5,000 to good organizations over 15 months.

In April, the Charity Commission revealed that it had pulled the supermodel's charity off the UK charity registry while investigating claims of misconduct.

The Commission revealed the findings of its statutory probe into Fashion For Relief, noting that the charity was inadequately managed and had insufficient financial resources.

Campbell, 54, was barred from serving as a trustee for five years, former colleagues Bianka Hellmich for nine, and Veronica Chou for four.

The model launched the organization in 2005, claiming that her buddy Nelson Mandela inspired her to 'use [her] voice' for good.

The company claimed to have raised more than £11 million, primarily through flashy fundraising events hosted around the world, including New York, Mumbai, and Moscow.

Concerns were raised in 2021 about how much money was being passed on to those in need after the Mayor's Fund for London filed a formal complaint alleging that the charity owed it £50,000.

The Mayor's Fund, which assists young Londoners from low-income families, submitted a'serious incident' report with the Charity Commission, which announced a statutory probe in November of that year.

The commission announced today that as a result of its inquiry, more than £344,000 had been recovered and used to make donations to two other charities as well as to clear Fashion For Relief's outstanding responsibilities.

Between April 2016 and July 2022, charitable grants accounted for only 8.5% of the charity's total expenses.

It further stated that some fundraising expenditure was the result of wrongdoing or mismanagement by the charity's trustees.


 

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