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Source: Variety / Getty / Will Smith / Jada Pinkett A new report reveals that the Oscars slapping incident was extremely detrimental to Will and Jada Pinkett Smith's philanthropic endeavors and sheds light on how donation money was handled. Variety exclusively reports that the Will And Jada Smith Family Foundation will shut down after donations began drying up following Will Smith slapping the taste out of Chris Rock's mouth for not KEEPING HIS wife's NAME OUT OF HIS MOUTH. Per Variety: According to tax records from the Will And Jada Smith Family Foundation reviewed by Variety (via ProPublica), the foundation's revenue dropped from $1,760,000 in 2020 and $2,138,660 in 2021 to $365,870 in 2022. The year-over-year drop of 83% included the departure of contributors such as American Airlines, which donated $76,160 in 2021, and CAA, which contributed $100,000 in 2021. The website also reports the charitable organization that focuses on matters the couple cares deep

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