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Show Them the Money, Madge

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Mar. 31 2009, Published 9:53 a.m. ET

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Well, this could be inconvenient: On the heels of the news that Madonna is trying to adopt another toddler from Malawi, comes a report that $3.7 million worth of cash from her charity, Raising Malawi, has yet to be accounted for.

FoxNews.com's FOX 411 column claims they've tried to figure out where the funds raised at a Feb. 6, 2008 star-studded event. The Gucci Foundation and the Kabbalah-backed Raising Malawi were going to split the proceeds with UNICEF. However, Gucci has yet to file a Form 990 tax form, which would document the funds' whereabouts.

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Calls and emails from FoxNews.com to Raising Malawi have not been returned, the site says.

Madonna is currently waiting to hear whether her adoption of four-year-old orphan Mercy James will be approved; she adopted David Banda from the struggling country in 2007.

MADONNA IN MALAWI:

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