Will and Jada Pinkett Smith's charity sinks after Oscars slap. The actors founded their NGO in 1996, and in it they advocated for issues such as education, well-being and sustainability.

Since the 2022 incident, it has suffered an 83% drop in income and a scarcity of donors. A source close to the Smith foundation has acknowledged to the American media that the couple is closing this project. And he adds that his intention is to make donations to charitable causes for the same amount, although only privately.