Trump’s Foundation Admits To Illegal Practice Of “Self-Dealing” (Using Donations For Personal Gain)

 In Conflicts Of Interest   Last Updated: September 22, 2018

Trump’s foundation has admitted to “self-dealing”, which occurs when the funds of a non-profit or foundation are “improperly used by an insider, their friends or family members” for reasons not directly related to the operation of the charity.

For example, to settle a lawsuit filed by the town of Palm Beach, FL over a flagpole at Trump’s Mar-a-Lago Club, the town of Palm Beach “agreed to waive $120,000 in unpaid fines if Trump’s club donated $100,000 to Fisher House, a charity helping wounded veterans and military personnel. The Trump Foundation paid that donation instead — effectively saving his business $100,000.”

 

 

 

Fahrenthold, David A. “Trump Foundation Admits to Violating Ban on ‘self-dealing,’ New Filing to IRS Shows.The Washington Post. WP Company, 22 Nov. 2016. Web. 07 Jan. 2017.
Lea, Brittany De. “Where Are Trump Foundation Funds Actually Going?Fox Business. Fox Business, 22 Nov. 2016. Web. 16 June 2017.

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