ZZY: None of these is right. In the interviews after that fund-raising party, I said we raised "almost $500,000" and my goal is to raise $1 million. I have seen the $2 million report, which seemed to have something to do with Vivi (Nevo, Zhang's fianc). But he did not have a clue when I asked him about it. As for the other numbers, I have no idea.

Zhang Ziyi Foundation

CD: Some say you have two foundations, one in California and one in New York. The one in New York is actually an ESL school. How is that?

ZZY: We have only one foundation, which is registered in California. But we added a New York mailing address for convenience of correspondence.

CD: Some say your foundation is registered as a business.

ZZY: That's not true. It is a not-for-profit organization, a charity.

CD: Some say (the registration) has expired.

ZZY: It is always in good standing.

CD: Some say you have only $45,471 in the account, others say the foundation's assets are zero. Which is correct?

ZZY: There have never been zero assets in the account. The $40,000-plus should be $39,000 in donations plus $5,000 in expenses, which came from my own pocket.

CD: Did all donations go to this account?

ZZY: Yes.

CD: Did anyone send money to your own account and you had to transfer it to the foundation?

ZZY: This never happened.

CD: Is this money managed by a professional, say, an accountant?

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