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babylonsister

(171,079 posts) Mon Nov 20, 2017, 07:31 PM Nov 2017

Trump Foundation Is Shutting Down

https://www.thedailybeast.com/trump-foundation-is-shutting-down

1. CASHING OUT
30 minutes ago
Trump Foundation Is Shutting Down
REUTERS/Joshua Roberts

The Donald J. Trump Foundation, the Trump family’s charitable foundation, is shutting down, NBC News reports. The Trump administration previously announced that the foundation would be phased out, to avoid conflicts of interest. Prominent business people have donated to the foundation, including an Ohio shopping mall developer who was previously convicted of bribing a congressman. In the Trump Foundation’s 2015 tax filings, the foundation admitted that it had transferred money to Donald Trump, who was barred from receiving foundation funding. In a November tax filing, the Trump foundation announced its intention to dissolve and distribute its remaining $970,000 across charities.
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Trump Foundation Is Shutting Down (Original Post) babylonsister Nov 2017 OP
the biggest charity will be the moron's pockets Motley13 Nov 2017 #1
And Trump will take the "charitable deduction" on his taxes n/a BoneyardDem Nov 2017 #2
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