The foundation formed by Bill and Camille Cosby grants small college scholarships to a couple of students annually. For the fiscal year ending June 30, 1997, the Cosby foundation donated $10,000, according to IRS records. During that period, the charity incurred legal expenses ($13,737) that exceeded the group's contributions, while the Cosbys deposited $24,113 into the organization's coffers. (2 pages)
 
 

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