No wonder Tisha Campbell was willing to part with her wedding dress to help raise money for Will and Jada Pinkett-Smith's New Village Learning Academy [click here if you missed that], it's because Will practically runs the entire school out of his personal funds...
From Forbes Magazine
For three years, New Village Leadership Academy never filed a Form 990 as a school, so it was hard to track their finances. But now a Form 990 Federal Tax filing has suddenly emerged on Guidestar.org just for the year 2010. It shows a few things of interest.
For one, Smith donated $1,235,000 to the school in 2010 from his WSJ Trust, not from his publicly scrutinized foundation. That’s why it never showed up before.
Basically, Smith’s donation almost covered the $1.4 million non specific salaries listed for the school.
Under salaries, NVLA lists just two educators, both with Scientology backgrounds.