Jay Z Pulls In Big Profits Despite Controversy at Barney’s

By  |  357 Comments


By Daphne R

Jay-Z proves he’s above controversy by flipping the Barney’s racial profiling scandal to his advantage and pulling in big profits from the deal. He announced that he will be taking a ‘leadership role’ where this ‘disturbing’ issue is concerned and continue his partnership with the luxury, high-end retailer. He added, however, that all sales proceeds will be going to his non-profit Shawn Carter Foundation.

The Shawn Carter Foundation, also known as the Shawn Carter Scholarship Fund was founded as a non-profit 501c3 in 2003. It helps low-income students to further their college education. Scholarships are awarded to “single mothers, children who attend alternative schools, students who have earned a GED, students with grade point averages of 2.0 and students who have previously been incarcerated, etc. but desire a higher educational opportunity.” According to the website “over 750 students have received awards totaling over $1.3 million” in individual grants of $1,500 to $2,500.

Giving away $1.3 million in 10 years sounds like a drop in the bucket knowing that Jay Z is reportedly worth $500 million. But, the foundation is actually run by Gloria Carter, his mother. Ms. Carter takes no salary from working part-time at the foundation. Recent IRS 990 records show that the foundation reported $802.425 in revenue of which $132,819 was listed as expenses and $141,357 awarded in grants and services. The leaves the foundation a reserve of $528,249.

In a recent study of celebrity charity accounting, Erica Harris and Julie Ruth, co-authors of “The Relationship of Celebrity Affiliation to Nonprofit Contributions”, it was discovered that both for-profits (such as Barney’s) and non-profits prospered more when they aligned with a popular celebrity. They looked at 514 charities where 1.4 percent more was given to charities which averaged $100,000 per year.

Instead of looking closely at executive compensation and the amount the charity actually spent, large donors, giving $10,000 or more, looked for validation elsewhere. Harris said, ‘Donors felt that the celebrities provided a seal of approval.’

Harris provided a list of the top 15 celebrity charities and the Shawn Carter Foundation was not on the list. Top charities included champion surfer Kelly Slater’s foundation, Larry King’s cardiac foundation, Elizabeth Taylor AIDS foundation, Elton John’s AIDS foundation and the Jane Goodall Institute, as well as, charities headed by celebrities Michael J. Fox, Andre Agassi and Boomer Esiason.

According to Global Grind, The Shawn Carter Collection has produced $1 million in sales over a 6 weeks stint. The Shawn Carter Foundation will receive 100% of the sales from the Collection and 10% of Barney’s New York sales from the day the luxury collection hit stores as a result of the racial profiling scandal.


Daphne R is an experienced marketing and communications professional that provides social commentary, self-help, tips, and reports news of events that matter to African Americans.


  1. Devon

    January 7, 2014 at 8:17 pm

    Good for Mr. Sean Carter. He’s proven himself to be a great business man.

  2. Pingback: sildenafil

  3. Pingback: men's ed pills

  4. Pingback: mens erection pills

  5. Pingback: erectile dysfunction medicines

  6. Pingback: buy cialis

  7. Pingback: canadian pharmacy

  8. Pingback: Real cialis online

  9. Pingback: levitra 20 mg

  10. Pingback: vardenafil online

  11. Pingback: best real casino online

  12. Pingback: viagra online usa

  13. Pingback: free slots online

  14. Pingback: casino slots

  15. Pingback: cash payday

  16. Pingback: pay day loans

  17. Pingback: viagra pills

  18. Pingback: generic for cialis

  19. Pingback: best real money casinos

  20. Pingback: download casino

  21. Pingback: Best Online Casinos 2020

  22. Pingback: cialis generic

  23. Pingback: 20 cialis

  24. Pingback: cialis to buy

  25. Pingback: online gambling bonus

  26. Pingback: viagra generic name

  27. Pingback: best online casino real money

  28. Pingback: online casino gambling

  29. Pingback: viagra online prescription

  30. Pingback: viagra price

  31. Pingback: order viagra

  32. Pingback: viagra without a doctor prescription

  33. Pingback: sildenafil

  34. Pingback: non prescription ed drugs

  35. Pingback: generic cialis

  36. Pingback: buy viagra online canada

  37. Pingback: generic for viagra

  38. Pingback: purchase viagra online

  39. Pingback: online pharmacy buy viagra no presc

  40. Pingback: buy viagra online

  41. Pingback: where to buy Viagra 25mg

  42. Pingback: where to buy Viagra 120mg

  43. Pingback: Viagra 100 mg no prescription

  44. Pingback: Viagra 100 mg generic

  45. Pingback: Cialis 80mg tablets

  46. Pingback: viagra 100mg

  47. Pingback: viagra pills

  48. Pingback: how to purchase aldactone 100 mg

  49. Pingback: where to buy cialis

  50. Pingback: viagra substitute

  51. Pingback: buy viagra online canada pharmacy

  52. Pingback: catapres 100mcg united states

  53. Pingback: how to buy ceftin

  54. Pingback: buy celebrex

  55. Pingback: celexa prices

  56. Pingback: cipro 750mg uk

  57. Pingback: viagra prescription

  58. Pingback: claritin 10mg without a doctor prescription

  59. Pingback: online gambling

  60. Pingback: free slots online

  61. Pingback: betfair casino online

  62. Pingback: casino real money

  63. Pingback: slot machine

  64. Pingback: online casino real money us

  65. Pingback: best casino online

  66. Pingback: rivers casino

  67. Pingback: best online casino usa

  68. Pingback: gap insurance

  69. Pingback: accurate automotive

  70. Pingback: triple aaa insurance

  71. Pingback: get a car insurance quotes

  72. Pingback: cheap car insurance quotes in florida

  73. Pingback: gap insurance coverage

  74. Pingback: car insurance quotes usa

  75. Pingback: multiple car insurance quotes

  76. Pingback: car insurance usaa

  77. Pingback: auto car insurance quotes

  78. Pingback: missouri personal loan

  79. Pingback: easy payday loans

  80. Pingback: payday loans oxnard ca

  81. Pingback: national installment loan

  82. Pingback: quick loans charlotte nc

  83. Pingback: short term payday loans

  84. Pingback: inexpensive cialis online

  85. Pingback: reviews of cbd oil for anxiety

  86. Pingback: best cbd oil for pain management

  87. Pingback: cbd oil for dogs dosage

  88. Pingback: cbd massage oil

  89. Pingback: cbd oil for cancer patients chocolate

  90. Pingback: buy a essay

  91. Pingback: photo assignment

  92. Pingback: type writer paper

  93. Pingback: custom essay writing

  94. Pingback: professional essay writing services

  95. Pingback: delta seating assignment

  96. Pingback: essay writing service

  97. Pingback: cleocin 150 mg price

  98. Pingback: clomid prices

  99. Pingback: clonidine cheap

  100. Pingback: symbicort inhaler online

  101. Pingback: combivent tablets

  102. Pingback: coreg 3,12 mg without a doctor prescription

  103. Pingback: compazine 5 mg medication

  104. Pingback: coumadin 5 mg pills

  105. Pingback: cozaar 100mg medication

  106. Pingback: crestor coupon

  107. Pingback: cymbalta 30mg tablets

  108. Pingback: dapsone 1000caps nz

  109. Pingback: ddavp 0.1 mg medication

  110. Pingback: where can i buy diamox 250 mg

  111. Pingback: where can i buy diltiazem

  112. Pingback: dramamine cost

  113. Pingback: elavil 50 mg united kingdom

  114. Pingback: where to buy erythromycin

  115. Pingback: etodolac pills

  116. Pingback: how to purchase flomax

  117. Pingback: where can i buy flonase nasal spray 50mcg

  118. Pingback: garcinia cambogia caps australia

  119. Pingback: hyzaar purchase

  120. Pingback: order imodium

  121. Pingback: imuran united kingdom

  122. Pingback: indocin pharmacy

  123. Pingback: lamisil nz

  124. Pingback: levaquin 500 mg australia

  125. Pingback: lopid 300mg nz

  126. Pingback: luvox otc

  127. Pingback: macrobid price

  128. Pingback: cheap meclizine 25 mg

  129. Pingback: micardis 80 mg without a doctor prescription

  130. Pingback: buy mobic 15mg

  131. Pingback: motrin 600mg medication

  132. Pingback: nortriptyline medication

  133. Pingback: periactin 4 mg online

  134. Pingback: phenergan pills

  135. Pingback: plaquenil no prescription

  136. Pingback: where to buy prednisolone 20 mg

  137. Pingback: prilosec 40 mg without a doctor prescription

  138. Pingback: proair inhaler 100mcg cost

  139. Pingback: cheap procardia 30 mg

  140. Pingback: proscar for sale

  141. Pingback: order protonix

  142. Pingback: provigil prices

  143. Pingback: pulmicort otc

  144. Pingback: buy pyridium 200 mg

  145. Pingback: reglan medication

  146. Pingback: remeron 30 mg medication

  147. Pingback: retin-a cream 0.025% purchase

  148. Pingback: order revatio

  149. Pingback: order risperdal

  150. Pingback: robaxin purchase

  151. Pingback: rogaine 5% over the counter

  152. Pingback: seroquel without a prescription

  153. Pingback: singulair 10 mg nz

  154. Pingback: skelaxin australia

  155. Pingback: spiriva cheap

  156. Pingback: tenormin without a prescription

  157. Pingback: tricor 200 mg no prescription

  158. Pingback: valtrex 1000mg over the counter

  159. Pingback: vantin united states

  160. Pingback: how to buy verapamil

  161. Pingback: how to buy voltaren 50 mg

  162. Pingback: zanaflex without prescription

  163. Pingback: buy zestril

  164. Pingback: cost of zithromax 100 mg

  165. Pingback: read review

  166. Pingback: zocor australia

  167. Pingback: zovirax australia

  168. Pingback: where can i buy zyloprim 300 mg

  169. Pingback: zyprexa 20 mg for sale

  170. Pingback: zyvox 600 mg united states

  171. Pingback: sildenafil cheap

  172. Pingback: tadalafil purchase

  173. Pingback: furosemide for sale

  174. Pingback: buy escitalopram

  175. Pingback: aripiprazole canada

  176. Pingback: pioglitazone 15mg over the counter

  177. Pingback: spironolactone purchase

  178. Pingback: fexofenadine 180 mg online pharmacy

  179. Pingback: cost of glimepiride 4 mg

  180. Pingback: meclizine 25mg without prescription

  181. Pingback: leflunomide without prescription

  182. Pingback: how to buy atomoxetine 40 mg

  183. Pingback: donepezil coupon

  184. Pingback: anastrozole online pharmacy

  185. Pingback: irbesartan cheap

  186. Pingback: dutasteride medication

  187. Pingback: olmesartan 40mg cheap

  188. Pingback: cheap buspirone 5mg

  189. Pingback: cost of cefuroxime 250 mg

  190. Pingback: citalopram 10 mg purchase

  191. Pingback: cephalexin 500mg purchase

  192. Pingback: ciprofloxacin 500 mg without prescription

  193. Pingback: loratadine 10mg nz

  194. Pingback: clindamycin usa

  195. Pingback: clozapine 25mg prices

  196. Pingback: prochlorperazine 5 mg cost

  197. Pingback: carvedilol 3.12 mg australia

  198. Pingback: warfarin 1 mg medication

  199. Pingback: rosuvastatin generic

  200. Pingback: desmopressin mcg tablet

  201. Pingback: divalproex usa

  202. Pingback: where to buy trazodone

  203. Pingback: tolterodine cheap

  204. Pingback: acetazolamide online pharmacy

  205. Pingback: fluconazole uk

  206. Pingback: phenytoin without a prescription

  207. Pingback: oxybutynin generic

  208. Pingback: doxycycline otc

  209. Pingback: bisacodyl without prescription

  210. Pingback: venlafaxine 37.5mg uk

  211. Pingback: amitriptyline cost

  212. Pingback: erythromycin uk

  213. Pingback: cheap estradiol 1mg

  214. Pingback: how to buy alendronate

  215. Pingback: glipizide tablets

  216. Pingback: hydrochlorothiazide 10mg without a doctor prescription

  217. Pingback: isosorbide uk

  218. Pingback: sumatriptan without a doctor prescription

  219. Pingback: loperamide 2 mg tabletsloperamide australia

  220. Pingback: where can i buy azathioprine

  221. Pingback: propranolol online

  222. Pingback: how to buy indomethacin 25 mg

  223. Pingback: lamotrigine united kingdom

  224. Pingback: terbinafine online

Leave a Reply

Your email address will not be published. Required fields are marked *