Yea, all this doesn't mean that Floyd doesn't do philanthropy.
But Houston - There MAY be a prollem
The Root’s conclusion after examining the foundation’s 990s (no one at the foundation would respond to the Root’s questions): “What’s revealed there makes one ask if Mayweather is punching below his weight philanthropically or just not shining a light on all his charitable activities.” In 2009, the foundation distributed all of $3,564 in donations. The foundation’s 2008 990 showed expenditures of “$573,790, or 62.5 percent, [that] went to undisclosed ‘professional fees and other payments to independent contractors’; $284,653…to other expenses; $55,650 to pay three employees; and the rest to smaller expenses. The ‘other expenses’ included $100,000 for…[a] two-day, Mayweather-sponsored Superfest fundraiser; $58,494 for the FMJF dinner; and $10,000 for Thanksgiving turkeys.”
Floyd Mayweather, Jr. earned $145 million for his five most recent prizefights against a series of tin cans. He nicknamed himself "Money," but how much of his earnings end up going to and through his foundation to reach nonprofits that help poor people in Las Vegas and Grand Rapids?
nonprofitquarterly.org