The singer is the founder of the Mary J. Blige and Steve Stoute Foundation for the Advancement of Women Now. Also known as FFAWN, the organisation aims to help educate and empower women through scholarships, grants and career development opportunities.
Blige's foundation is being sued by TD Bank for a $250,000 (£160,107) loan that the organisation took out in June 2011. It has also been reported that FFAWN could face a full financial investigation.
The singer spoke about the lawsuit to TMZ, revealing that she made a mistake when it came to delegating responsibilities within the organisation.
"As Founder and CEO of FFAWN, I am ultimately responsible for anything that goes wrong," Blige told the website. "The problem is that I didn't have the right people in the right places doing the right things. This should have never been allowed to happen, but it did and now we are fixing it."
Blige added that she is currently working to "get the Foundation back on track, rectify outstanding issues, and make good on all of FFAWN's obligations."
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