Mary J. Blige might be okay financially, but her foundation is absolutely broke. A ray of light shined through for the charity group, however, as a bank recently decided they would slash the foundation's debt by $200,000.
According to TMZ, TD Bank made a deal with the Mary J. Blige and Steve Stoute Foundation for the Advancement of Women Now, allowing them to pay a mere $125,000 compared to the $322,000 they previously owed.
The group will have to cough up $15,000 right away, but will be allowed to make 12 payments of $9,166 in the future.
Source: tmz.com
