The couple – who welcomed their daughter North West in June – reportedly turned down the lucrative offer from an Australian news outlet that wanted exclusive publishing rights to pictures of their newborn deciding they didn't need the cash.
A source told RadarOnline.com: 'They were planning on giving it all away to [Kanye's] charity anyway, It's not like [North] needs to worry about [her] trust fund, Kanye's already set aside a serious chunk of change.'
Kim made her first public appearance ahead of her sister Kylie Jenner's 16th birthday party last week after two months in hiding, but insiders claim she is concealing North's identity for now to protect the tot.
The source added: 'Right now, she is worried about the safety of Nori because paps are throwing stuff over the walls, yelling awful things at her, she feels threatened and scared right now that if they don't just let everyone see the kid, you all are gonna go [crazy] on her when she does finally emerge.' Kanye will reveal a photo of North on Kim's mother Kris Jenner's talk show on Friday August 23 in an interview that has already been
recorded.
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