Kevin Spacey Foundation to shut down

The Kevin Spacey Foundation is set to be shut down following the sexual assault allegations made against the star.

The 58-year-old disgraced actor was accused of several counts of sexual misconduct late last year,
and it has now been revealed that his charitable foundation –
which aimed to encourage young people in the performing arts
will close after keeping the organisation running is "no longer viable".
The charity organisation was officially founded in 2008 in London,
during the former 'House of Cards' star's tenure as artistic director of the Old Vic theatre in the English capital from 2004 to 2015.
The organisation worked with young people in film, theatre and dance,
offering scholarships and awards, mentorships and educational programs for emerging talent.