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What ? There's more ?
Posted on: September 11, 2016 at 10:41:37 CT
raskolnikov MU
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"Money from the Trump Foundation has also been used for political purposes, which is against the law. The Washington Post reported this month that Trump paid a penalty this year to the Internal Revenue Service for a 2013 donation in which the foundation gave $25,000 to a campaign group affiliated with Florida Attorney General Pamela Bondi (R).
Trump has claimed that he gives generously to charity from his own pocket: “I don’t have to give you records,” he told The Post earlier this year, “but I’ve given millions away.” Efforts to verify those gifts have not succeeded, and Trump has refused to release his tax returns, which would show his charitable giving.
The most money it has ever reported having was $3.2 million at the end of 2009. At last count, that total had shrunk to $1.3 million. By comparison, Oprah Winfrey — who is worth $1.5 billion less than Trump, according to a Forbes magazine estimate — has a foundation with $242 million in the bank. At the end of 2014, the Clinton Foundation had $440 million in assets.
In a few cases, Trump seemed to solicit donations only to immediately give them away. But his foundation has also received a handful of bigger donations — including $5 million from professional-wrestling executives Vince and Linda McMahon — that Trump handed out a little at a time.
The foundation has no paid staffers. It has an unpaid board consisting of four Trumps — Donald, Ivanka, Eric and Donald Jr. — and one Trump Organization employee.
In 2014, at last report, each said they worked a half-hour a week.
The Trump Foundation still gives out small, scattered gifts — which seem driven by the demands of Trump’s businesses and social life, rather than by a desire to support charitable causes."
Article in the WP by David A. Fahrenthold
Trump has claimed that he gives generously to charity from his own pocket: “I don’t have to give you records,” he told The Post earlier this year, “but I’ve given millions away.” Efforts to verify those gifts have not succeeded, and Trump has refused to release his tax returns, which would show his charitable giving.
The most money it has ever reported having was $3.2 million at the end of 2009. At last count, that total had shrunk to $1.3 million. By comparison, Oprah Winfrey — who is worth $1.5 billion less than Trump, according to a Forbes magazine estimate — has a foundation with $242 million in the bank. At the end of 2014, the Clinton Foundation had $440 million in assets.
In a few cases, Trump seemed to solicit donations only to immediately give them away. But his foundation has also received a handful of bigger donations — including $5 million from professional-wrestling executives Vince and Linda McMahon — that Trump handed out a little at a time.
The foundation has no paid staffers. It has an unpaid board consisting of four Trumps — Donald, Ivanka, Eric and Donald Jr. — and one Trump Organization employee.
In 2014, at last report, each said they worked a half-hour a week.
The Trump Foundation still gives out small, scattered gifts — which seem driven by the demands of Trump’s businesses and social life, rather than by a desire to support charitable causes."
Article in the WP by David A. Fahrenthold
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What ? There's more ? - raskolnikov MU - 9/11 10:41:37
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