The UK-based charitable foundation of Kevin Spacey has announced that it is closing, after multiple allegations of sexual harassment were made against the actor last year.
In a statement made on its website yesterday, trustees of the Kevin Spacey Foundation UK said the work of the foundation “is no longer viable and as such the foundation will be closing on the 28 February 2018”.
The trustee said they hoped the “objects of the charity will be taken forward by other organisations”.
The statement in full reads: “The trustees have reached the conclusion that the work of the Kevin Spacey Foundation UK is no longer viable and as such the foundation will be closing on the 28 February 2018.
“The trustees would like to thank all their partners, artists and organisations for the great work that has been done in association with the foundation.
“The trustees hope that the objects of the charity will be taken forward by other organisations.”
According to the foundation’s most recent set of published accounts for the year ending 31 December 2016, it had an income of £123,655 and total spending of more than £228,000. It carried forward more £294,000.
Allegations against Spacey
The foundation was set up by Kevin Spacey in 2011 with the charitable objectives of helping emerging actors break into the industry. It made grants to enable “new work by emerging artists”, created “bespoke education project for at-risk-youth” and offered financial scholarships for “those unable to afford a university education”.
Spacey was removed from his own foundation’s board of trustees in November 2017, after a number of men accused the actor of harassment and abuse. Police in London are currently investigating three alleged sexual assaults.
Spacey apologised to actor Anthony Rapp who claimed in an interview with Buzzfeed News in October 3017 that Spacey made sexual advances towards him when he was 14 years old.
Subsequently, the Old Vic Theatre in London, where Spacey was artistic director for more than a decade between 2004 and 2015, set up a confidential complaints process for people involved with the theatre at the time.
Spacey apologised to Rapp, but has denied all other allegations made against him.