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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHow Donald Trump Shifted Kids-Cancer Charity Money Into His Business
I highly recommend finding the time to read this article. It lays out the mind boggling way Trump and his sons bilked charity money for personal profit.
It's a long article, but it explains their con down to the last detail.
"The best part about all this, according to Eric Trump, is the charitys efficiency: Because he can get his familys golf course for free and have most of the other costs donated, virtually all the money contributed will go toward helping kids with cancer. We get to use our assets 100% free of charge, Trump tells Forbes.
Thats not the case. In reviewing filings from the Eric Trump Foundation and other charities, its clear that the course wasnt freethat the Trump Organization received payments for its use, part of more than $1.2 million that has no documented recipients past the Trump Organization. Golf charity experts say the listed expenses defy any reasonable cost justification for a one-day golf tournament.
Additionally, the Donald J. Trump Foundation, which has come under previous scrutiny for self-dealing and advancing the interests of its namesake rather than those of charity, apparently used the Eric Trump Foundation to funnel $100,000 in donations into revenue for the Trump Organization.
And while donors to the Eric Trump Foundation were told their money was going to help sick kids, more than $500,000 was re-donated to other charities, many of which were connected to Trump family members or interests, including at least four groups that subsequently paid to hold golf tournaments at Trump courses.
All of this seems to defy federal tax rules and state laws that ban self-dealing and misleading donors. It also raises larger questions about the Trump family dynamics and whether Eric and his brother, Don Jr., can be truly independent of their father.
Especially since the person who specifically commanded that the for-profit Trump Organization start billing hundreds of thousands of dollars to the nonprofit Eric Trump Foundation, according to two people directly involved, was none other than the current president of the United States, Donald Trump."
https://www.forbes.com/sites/danalexander/2017/06/06/how-donald-trump-shifted-kids-cancer-charity-money-into-his-business/amp/
Thats not the case. In reviewing filings from the Eric Trump Foundation and other charities, its clear that the course wasnt freethat the Trump Organization received payments for its use, part of more than $1.2 million that has no documented recipients past the Trump Organization. Golf charity experts say the listed expenses defy any reasonable cost justification for a one-day golf tournament.
Additionally, the Donald J. Trump Foundation, which has come under previous scrutiny for self-dealing and advancing the interests of its namesake rather than those of charity, apparently used the Eric Trump Foundation to funnel $100,000 in donations into revenue for the Trump Organization.
And while donors to the Eric Trump Foundation were told their money was going to help sick kids, more than $500,000 was re-donated to other charities, many of which were connected to Trump family members or interests, including at least four groups that subsequently paid to hold golf tournaments at Trump courses.
All of this seems to defy federal tax rules and state laws that ban self-dealing and misleading donors. It also raises larger questions about the Trump family dynamics and whether Eric and his brother, Don Jr., can be truly independent of their father.
Especially since the person who specifically commanded that the for-profit Trump Organization start billing hundreds of thousands of dollars to the nonprofit Eric Trump Foundation, according to two people directly involved, was none other than the current president of the United States, Donald Trump."
https://www.forbes.com/sites/danalexander/2017/06/06/how-donald-trump-shifted-kids-cancer-charity-money-into-his-business/amp/
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How Donald Trump Shifted Kids-Cancer Charity Money Into His Business (Original Post)
herding cats
Jun 2017
OP
dalton99a
(81,526 posts)1. This pretty much summarizes the evil resident in the White House
KewlKat
(5,624 posts)2. kick
gratuitous
(82,849 posts)3. I wonder if the New York Attorney General would be interested in this?
Prosecuting charitable scams always makes for good copy.