Trump defends charitable foundation after it agrees to dissolve

[Rogue Valley]

Trump defends charitable foundation after it agrees to dissolve

12/19/18
President Donald Trump defended his personal charitable foundation and lashed out at the New York attorney general's office for its civil lawsuit against the nonprofit one day after the charity agreed to dissolve under judicial supervision. In several tweets Wednesday morning, Trump made a series of claims, many misleading, concerning the Donald J. Trump Foundation -- which the attorney general's lawsuit alleges violated campaign-finance laws, abused its tax-exempt status and engaged in unlawful coordination with Trump's presidential campaign -- and about the attorney general's office itself. "The Trump Foundation has done great work and given away lots of money, both mine and others, to great charities over the years -- with me taking NO fees, rent, salaries etc," Trump said.

Despicable. Trump contributed little of his own money to the foundation after 2008. It also paid out little to charities during its 30 years of existence and is closing with a balance of $1.7 million, a pittance for a [supposed] billionaire who often bragged of his social philanthropy. Trump used the foundation as a personal bank account, paying lawyers for Mar-a-Lago and golf course lawsuits and buying paintings of himself. Trumps charitable inclination, like everything else about him, is trans-actionable ..... how can it benefit ME.

 

[Grokmaster]

As well he should; it was TREMENDOUS CHARITIBLE FORCE IN NEW YORK: Learn some FACTS< instead of the Left Hysteria:



Where Did Trump's Foundation Donate Its Money? IRS Documents Reveal Surprising Answers


The Donald J. Trump Foundation gave away $10.9 million from 2001 to 2014, taking a scattershot approach to philanthropy with donations to more than 400 different charities, according to a Forbes analysis of 14 years of IRS documents. Among the notable recipients: the William J. Clinton Foundation, a state branch of the ACLU and a nonprofit run by the New York Times, which Trump routinely criticizes on Twitter. Only $2.8 million of that money came from Trump himself.

The biggest single beneficiary was the Police Athletic League, a New York City charity that works with local police officers to provide summer camps, universal pre-K programs and after-school activities for children. According to the charity’s website, Trump serves on its board of directors alongside fellow billionaire investor Ron Perelman and New York supermarket magnate John Catsimatidis. It is the only charity that got a donation from the Trump Foundation every single year from 2001-2014, ultimately receiving $832,500, 8% of the foundation's total gifts during the 14-year stretch.

An estimated 36% of the foundation’s money went to roughly 100 organizations promoting healthcare, the Forbes examination revealed. The Trump Foundation gave more than $465,000 to both the Dana-Farber Cancer Institute and Operation Smile, which offers free surgeries to children born with cleft palates in developing countries. The foundation gave at least $326,000 to New York Presbyterian Hospital and $250,750 to its sister institution, the Hospital for Special Surgery, which is also based in New York City.

https://www.forbes.com/sites/danale...ments-reveal-surprising-answers/#dbd82ad7b52b

 

[Rogue Valley]

That pittance from a self-declared billionaire over 30 years?

You and Trump oughtta be ashamed.