Monday, December 26, 2016

Trump's Phony Charity

I found this really fascinating that this Phony Charity of Donald Trump did not make any news in the Main Stream Media.

That guy Trump, the phony is a really slick gift which just keeps on giving.

Trump boasts about his philanthropy. But his giving falls short of his words.


President-elect Donald Trump said he plans to shut down his charitable foundation, a decision that comes after repeated controversies over how it collected and disbursed funds.

In a statement Saturday, Trump offered no timeline for when his foundation would close down but said he had directed his attorney to take the steps needed to close it. It was not immediately clear when the foundation would be able to dissolve, given an ongoing investigation in New York.

Washington Post

I first read about Trumpholes's charity when I read this:


Donald Trump used money donated for charity to buy himself a Tim Tebow-signed football helmet

Did Donald Trump violate IRS rules, by using a charity's money to buy himself a signed football helmet?
Four years ago, at a charity fundraiser in Palm Beach, Donald Trump got into a bidding war at the evening's live auction. The items up for sale: A Denver Broncos helmet, autographed by then-star quarterback Tim Tebow, and a Tebow jersey.

Trump won, eventually, with a bid of $12,000. Afterward, he posed with the helmet. His purchase made gossip-column news: a flourish of generosity, by a mogul with money to burn. "The Donald giveth, and The Donald payeth," wrote the Palm Beach Daily News. "Blessed be the name of The Donald."

But Trump didn't actually pay with his own money.

Instead, the Susan G. Komen organization — the breast-cancer nonprofit that hosted the party — got a $12,000 payment from another nonprofit , the Donald J. Trump Foundation.

Trump himself sent no money. (In fact, a Komen spokeswoman said, Trump has never given a personal gift of cash to the Komen organization.) He paid the bill with money from a charity he founded in 1987, but which is largely stocked with other people's money. Trump is the foundation's president. But, at the time of the auction, Trump had given none of his own money to the foundation for three years running.


Washington Post


Donald Trump plans to shut down his charitable foundation, which has been under scrutiny for months

President-elect Donald Trump said he plans to shut down his charitable foundation, a decision that comes after repeated controversies over how it collected and disbursed funds.


In a statement Saturday, Trump offered no timeline for when his foundation would close down but said he had directed his attorney to take the steps needed to close it. It was not immediately clear when the foundation would be able to dissolve, given an ongoing investigation in New York.


Washington Post




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