E-Paper
‘Trump misused funds from charity’
NEW YORK: Donald Trump used funds from his charitable foundation to pay settlements in legal cases involving his businesses, an apparent violation of laws governing
NEW YORK: Donald Trump used funds from his charitable foundation to pay settlements in legal cases involving his businesses, an apparent violation of laws governing non-profits, the Washington Post reported.
The cases involved a combined $258,000 paid out by the Donald J. Trump Foundation, a charity almost entirely funded with other people’s money, the newspaper said, and follow a review of legal documents and the foundation’s tax records. The newspaper conducted a long investigation into the charity’s finances, finding that Trump himself has not contributed a dollar since 2009.
It is funded by donations from third parties instead. One of the suspect payments was a $100,000 donation to a veterans’ charity in 2007 as part of a legal settlement with the city of Palm Beach, Florida.
