Tuesday, September 20, 2016
The Clinton Foundation has an "A" rating from Charity Watch. I wonder what the Trump Foundation has for a rating. Maybe "C" for Crooked?
Trump Used Charity Funds to Settle Legal Problems
"Donald Trump spent $258,000 from his charitable foundation to settle lawsuits that involved the billionaire’s for-profit businesses, The Washington Post reported Tuesday morning. In one case, Trump faced $120,000 in unpaid fines in a dispute over the height of a flagpole at his Mar-a-Lago Club in Palm Beach, Florida. As part of the settlement, Palm Beach agreed to waive the fines if Trump donated $100,000 to a specific veterans charity. As the Post revealed, he sent a check from the Donald J. Trump Foundation, his charitable organization funded almost entirely by outside contributions. In another case, Trump settled a lawsuit by agreeing to donate $158,000 to a charity of the plaintiff’s choosing; and, again, he cut a check from his charitable foundation. According to the Post, such use of his charity’s funds may have violated laws against 'self-dealing' — a term to describe a nonprofit leader’s use of charity money to benefit themselves."
More on Crooked Donald:
David Farenthold -- Washington Post:
Donald Trump spent more than a quarter-million dollars from his charitable foundation to settle lawsuits that involved the billionaire’s for-profit businesses, according to interviews and a review of legal documents. Those cases, which together used $258,000 from Trump’s charity, were among four newly documented expenditures in which Trump may have violated laws against 'self-dealing' — which prohibit nonprofit leaders from using charity money to benefit themselves or their businesses….
'I represent 700 nonprofits a year, and I’ve never encountered anything so brazen,' said Jeffrey Tenenbaum, who advises charities at the Venable law firm in Washington…. 'If he’s using other people’s money — run through his foundation — to satisfy his personal obligations, then that’s about as blatant an example of self-dealing [as] I’ve seen in a while,' Tenenbaum said."