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riversedge

(70,242 posts)
Wed Nov 22, 2017, 02:30 PM Nov 2017

trump used his charitys $ to settle his golf course lawsuits-5yrs later, the course paid the $ back

We'd have a wonderful Thanksgiving if Trump just quit the Presidency. Dreaming--I know.




David Fahrenthold?Verified account @Fahrenthold

.@realdonaldtrump used his charity’s $ to settle his golf course’s lawsuit. 5 yrs later, the course paid the $ back.






Trump’s golf course reimbursed his foundation

https://www.rawstory.com/2017/11/trumps-golf-course-reimbursed-his-foundation/


Newsweek
21 Nov 2017 at 23:52 ET



Posted with permission from Newsweek

One of President Donald Trump's golf clubs reimbursed the president’s charitable foundation earlier this year more than $158,000 that the foundation spent to settle a lawsuit against the club—a disbursement that may violate rules against "self dealing" as well as an agreement not to make any financial moves while the foundation is being investigated by New York's attorney general

Trump National Golf Club reimbursed the Donald J. Trump Foundation in March after the latter paid the $158,000 to settle a lawsuit by Martin Greenberg, who had sued the golf course for failing to pay him a $1 million prize for hitting a hole-in-one at a charity event in 2010. The payout, which is detailed in the foundation’s 2016 tax filing made public on Monday and reported by the Washington Post, was made the day the parties settled the lawsuit.

According to tax experts, the reimbursement could be an instance of a prohibited practice known as “self-dealing,” in which a charity’s leaders use nonprofit money to benefit their businesses or themselves.
...........................

Trump has used the foundation to settle two separate lawsuits, including one with Palm Beach, Florida, over the height of a flag pole at his Mar-a-Lago resort. He used the foundation to donate $25,000 to a political organization connected to Florida’s Attorney General Pam Bondi, leading to a fine from the Internal Revenue Service. Trump also used the foundation to purchase a portrait of himself for one of his golf clubs. ...................





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trump used his charitys $ to settle his golf course lawsuits-5yrs later, the course paid the $ back (Original Post) riversedge Nov 2017 OP
Ignorance of the law is no excuse. Ms. Toad Nov 2017 #1
"Violate rules"? Cracklin Charlie Nov 2017 #2
Prosecute world wide wally Nov 2017 #3
When you put the FEAR into the Wellstone ruled Nov 2017 #4
This is blatant self dealing Gothmog Nov 2017 #5
This is why the charity shut down.. Obviously the charity knew this story was about to break. Stuart G Nov 2017 #6

Ms. Toad

(34,074 posts)
1. Ignorance of the law is no excuse.
Wed Nov 22, 2017, 02:39 PM
Nov 2017
The foundation said in the filing that the golf course had repaid the money with interest, adding that Trump himself had been unaware “that making the payment .?.?. would have even the possibility of being incorrect.”


Especially anyone who calls someone else "crooked," should know that it is not just possibly incorrect to use money donated to charity as your own private piggy bank - it is flat out illegal.
 

Wellstone ruled

(34,661 posts)
4. When you put the FEAR into the
Wed Nov 22, 2017, 02:47 PM
Nov 2017

Federal Agencies that do do investigations,this is the end by-products. Half assed settlements and half baked promises.

The Republican Corruption runs mega deep,and until that is addressed,nothing changes.

Stuart G

(38,434 posts)
6. This is why the charity shut down.. Obviously the charity knew this story was about to break.
Wed Nov 22, 2017, 04:22 PM
Nov 2017

With the charity closed, who is there to turn to for anything about this?..

It is closed, shut down. No one to talk about this, other than Mr. Trump, who will say...nothing at all...my guess is he gave the orders to do this illegal s**t

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