Justin Baldoni’s blown so much cash on his legal mess with Blake Lively that the charitable arm of his Wayfarer Studios has taken the hit — and now it’s shutting down for good.
Sources with knowledge make it clear to TMZ the shutdown’s tied to the ongoing lawsuits and the toll that’s taken — financially and emotionally — on Baldoni and co-founder Steve Sarowitz, though Wayfarer Studios itself is still chugging along.
Sources tell us the closure is a gut punch, especially given the foundation’s powerful mission and impact — funding causes from criminal justice reform to gender equality, LGBTQ rights, and uplifting diverse communities.
It’s confirmed Steve’s already poured over $100M of his own money into the foundation’s partners — and despite the shutdown, he’s still committed to delivering nearly $35M more this year, with some grants stretching into 2026.
TMZ.com
Since Blake first filed her complaint on Dec. 21 — accusing Justin of sexual harassment and launching a smear campaign over their film “It Ends with Us” — it’s been nonstop legal warfare, with lawsuits flying in both directions.
A trial date’s set for March 2026, so it’s clear a lot more cash is going to be spent — and with the foundation shutting down, things are clearly getting real serious.
