🐱 Trump used $258,000 from his charity to settle legal problems, may have violated IRS regulations

CatParty
https://www.washingtonpost.com/poli...c88f9c-7d11-11e6-ac8e-cf8e0dd91dc7_story.html
“I represent 700 nonprofits a year, and I’ve never encountered anything so brazen,” said Jeffrey Tenenbaum, who advises charities at the Venable law firm in Washington. After The Post described the details of these Trump Foundation gifts, Tenenbaum described them as “really shocking.”
Donald Trump spent more than a quarter-million dollars from his charitable foundation to settle lawsuits that involved the billionaire’s for-profit businesses, according to interviews and a review of legal documents.

Those cases, which together used $258,000 from Trump’s charity, were among four newly documented expenditures in which Trump may have violated laws against “self-dealing” — which prohibit nonprofit leaders from using charity money to benefit themselves or their businesses.

In one case, from 2007, Trump’s Mar-a-Lago Club faced $120,000 in unpaid fines from the town of Palm Beach, Fla., resulting from a dispute over the size of a flagpole.

In a settlement, Palm Beach agreed to waive those fines — if Trump’s club made a $100,000 donation to a specific charity for veterans. Instead, Trump sent a check from the Donald J. Trump Foundation, a charity funded almost entirely by other people’s money, according to tax records.
 
C'mon. Charities are only supposed to be used for fronting for under the table nuclear deals and ambassadorships. Doesn't Donald know anything?
 
  • Like
Reactions: RomanesEuntDomus
lol they are getting pretty desperate if the biggest Trump scandal is A DECADE AGO HE USED HIS CHARITY TO GIVE CHARITY BUT IT WAS MONEY THEY COLLECTED NOT THEIRS, POSSIBLE IRS VIOLATION

like nigga, really? benghazi emails health pepe
 
"In a settlement, Palm Beach agreed to waive those fines — if Trump’s club made a $100,000 donation to a specific charity for veterans. Instead, Trump sent a check from the Donald J. Trump Foundation"

This is why Trump does not have my vote. Trump has turned shitting on the Military into a sort of sketch comedy show. Trump has literally called our Veterans losers.
 
Didn't he also use money from the same charity to bribe Pam Bondi into dropping the investigation into Trump University.
 
Considering Trump University lost in court

Talking about this bullshit

http://www.politico.com/story/2016/09/trump-pam-bondi-scandal-227823

The controversy whipped back up last week when news emerged that Trump paid a $2,500 fine because his foundation improperly donated $25,000 to Bondi’s political election committee in 2013 (tax-exempt charitable groups are not allowed to make political contributions).


Following the donation in 2013, Bondi’s office declined to join a fledgling multi-state probe into Trump’s real estate seminar program. The links between the two continued, with Trump hosting a lavish fundraiser for Bondi at his Mar-a-Lago resort in March 2014, and Bondi endorsing Trump in March of this year.

While Trump and Bondi say there’s no fire underneath the smoke, the Manhattan businessman’s political wheelings and dealings are now drawing more scrutiny, especially because Trump’s campaign has been driving hard at the idea that Hillary Clinton engaged in pay for play through her Clinton Foundation and her tenure at the State Department.
 
  • Informative
Reactions: Trombonista
Back