Connect with us

Crime

Trump Foundation Funneled Thousands In Kids-Cancer Charity Donations Into Trump Organization: Forbes

In another bombshell revelation, Forbes reported Tuesday that President Trump’s charity foundation reportedly funneled thousands of dollars in donations meant for St. Jude’s Children’s Research Hospital into revenue for the Trump Organization.

According to the Forbes report, Eric paid President Trump’s businesses $1.2 million between 2007 and 2015 for expenses related to the foundation’s annual charity event at the Trump National Golf Club in Westchester County, New York.

Over $100,000 of the donations was funneled through the Eric Trump Foundation back into Trump’s golf courses for expenses incurred during the tournaments, despite donors being told that all their money would be used for charity.

President Trump himself gave the order for the Trump Organization to begin billing the Eric Trump Foundation for hundreds of thousands of dollars, according to Forbes.

“Mr. Trump had a cow. He flipped. He was like, ‘We’re donating all of this stuff, and there’s no paper trail? No credit?’ And he went nuts. He said, ‘I don’t care if it’s my son or not — everybody gets billed,'” Ian Gillule, the former membership and marketing director at Trump National Westchester, told Forbes.

Eric Trump has raised $11 million for St. Jude Children’s Research Hospital through his foundation, most of which came from the annual golf tournament, and another $5 million in conjunction with other organizations.

According to golf charity experts interviewed by the publication, the amount that the Trump Organization charged the foundation for the event skyrocketed in recent years, far exceeding standard costs for similar events.

The first four yearly tournaments cost about $50,000 each. But in 2011, the costs jumped from $46,000 to $142,000. After dropping back down to $59,000 in 2012, the costs again rose to $230,000 in 2013, $242,000 in 2014, and $322,000 in 2015.

More than $500,000 of the money raised by the Eric Trump Foundation was actually re-donated to other charities, including four groups that later paid to host golf tournaments at Trump properties.

In one instance, the Donald J. Trump Foundation donated $100,000 to the Eric Trump Foundation, money that was then redirected to Trump’s businesses to pay for the golf tournament costs.

If the reports are accurate, the practices would violate both New York state law and federal law on self-dealing and misleading donors. To date, Eric Trump has raised more than $11 million for St. Jude’s hospital.

In December, President Trump announced plans to dissolve his charitable foundation in order to avoid the appearance of a conflict of interest. But New York’s attorney general said that was impossible until a criminal probe of the charity was completed.

As of today, “the Trump Foundation is still under investigation by this office and cannot legally dissolve until that investigation is complete,” said Amy Spitalnick, a spokeswoman for New York Attorney General Eric Schneiderman.

RELATED: BOMBSHELL REPORT — Trump Foundation Is Not Certified As a Charity To Solicit Money


Don't miss the latest Political Digs. Sign up for our daily email:


Click to comment
Advertisement
Advertisement

More in Crime