Lisa Marie Presley's Rep denies any wrong doing in latest Charity Accusation
The National Enquirer is reporting, The Presley Foundation, run by The King’s only child, had $26 in the bank to accomplish its mission of providing low-cost housing and helping the poor!
“Elvis’ daughter has made a horrible mess of things,” snitches the informant. “She has sullied her father’s name and is destroying his charities!”
In 2005, Lisa Marie sold 85 percent of her stake in Graceland and Elvis’ possessions for $100 million, but kept 15 percent of the empire.
Sources say under Lisa Marie’s guidance the Presley Foundation had only $26 in cash despite $112,000 in assets, according to tax filings, while the Elvis Presley Charitable Foundation had only $59,588 in the till.
A rep for Lisa Marie denies any wrong doing.
But the family friend insists she’s at the center of the chaos.
A search for Presley Charities brings you to this page, Presley Charity Foundation which is down.
The links on Lisa Marie's page do not work either, Lisa Marie Presley - Philanthropy
In Fairness, while the links for Presley Place and the Presley Charitable Foundation do not work, Lisa has a link to donate to The Dream Factory which is working.
And Graceland has a page up for the Charity which does not include any links for donations. But they do list an address to send donations. Click Here to see the page.
BIM - There could be several reasons for this and none probably have anything to do with the allegations above. Those are very serious and damaging allegations. It's really sad when you think about all that is going on for Lisa.
Who can this woman trust? Think of all the people close to her who have betrayed her THIS YEAR ALONE! And then factor in All the others since she was a young girl, from boyfriends to employees etc and now even her own family. If you can't trust family, who can you trust?
Take a look at her soon to be Ex's cover photo on Twiiter? Does the winner realize HIS DAUGHTERS will grow up and see all this? eejit!
It's no wonder Lisa's guard is always up. My heart really goes out to her. And whether or not, the new owners of EPE and the record label thinks We FANS are NOBODY, HALF DEAD, NOT CUTE ENOUGH FOR PR, and ELDERLY BUTCH ASS MULLET WEARING LAST REMAINING ELVIS FANS, We will always support Lisa. 💓
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