President Trump Agrees To Dissolve Trump Foundation After NY Attorney General Investigation Finds Evidence Of Illegal Use Of Charitable Donations For Personal And Political Gain

 In Conflicts Of Interest, Corruption and Fraud   Last Updated: December 29, 2018

President Trump has agreed to dissolve the Trump Foundation and give away all remaining funds after an investigation by New York Attorney General Barbara Underwood uncovered illegal use of charitable donations for personal and political gain, including coordination with the Trump Presidential campaign. Federal law prohibits foundations from involvement in any political activity as well as using charitable donations for personal gain (“self-dealing” which the foundation had previously admitted to doing)or other reasons not directly related to the operations of the charitable organization.

 Illegal activity uncovered with the Trump Foundation includes:

Underwood sued Trump and his adult children Donald Jr., Eric and Ivanka on June 14, after a 21-month probe that she said uncovered ‘extensive unlawful political coordination’ between the foundation and Trump’s campaign.”

 

 

David Farenthold. "Trump agrees to shut down his charity amid allegations that he used it for personal and political benefit." Washington Post, 18 December 2018. Web. 29 December 2018.
Brendan Pierson. "Trump charity to dissolve under deal with N.Y. attorney general." Reuters, 18 December 2018. Web. 29 December 2018.
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