![]() For example an IRS Tax Guide from 2015 states “statements of position … made by or on behalf of in favor of … any candidate for public office clearly violate the prohibition against political campaign activity” Nonprofits like the Trump Foundation are not allowed to get involved in electoral politics like the 2016 Trump campaign under the Internal Revenue Code because it is a 501(c)(3). Trump’s political committee, extensively directed and coordinated the Foundation’s activities in connection with a nationally televised charity fundraiser for the Foundation in Des Moines, Iowa on Janu(the “Iowa Fundraiser”), and the disbursements of proceeds from the event. Trump’s presidential campaign, and thereby violated its certificate of incorporation and state and federal law by engaging in political activity and prohibited related party transactions. In 2016, the Board knowingly permitted the Foundation to be coopted by Mr. The New York attorney general suit also alleges that the Trump Foundation was illegally helping the Trump campaign. The New York attorney general made 41 exhibits to the suit public so that average citizens can see for themselves things like a handwritten note from Donald Trump to Allen Weisselberg approving the use of foundation funds for personal use.Īllegations of Illegal Political Use of Foundation Resources Trump owns) who seemed surprised to be listed as such when New York state investigators inquired. The Foundation’s treasurer was Allen Weisselberg, the CFO of the Trump Organization (the for-profit business Mr. Part of this case alleges that the Trump Foundation was used as Donald Trump’s personal piggy bank for years, paying off the settlement of a lawsuit for his private business. ![]() This suit seeks $2.8 million in restitution, dissolution of the foundation, and bans from running charities for its directors, including the President of the United States.Īllegations of Conversion of Foundation Resources to Personal Use One of the allegations in the suit is that the board which is made up of President and his three eldest children, had not bothered to meet in 19 years. Trump, Jr., Ivanka Trump, and Eric Trump. Trump Foundation, and its directors, Donald J. Attorney General Underwood’s lawsuit is against the Donald J. Underwood to dissolve the Trump Foundation. The fruit of that investigation resulted in a suit on June 14, 2018, by the new New York Attorney General Barbara D. Even as Trump ascended to the presidency, the New York attorney general’s office continued to investigate the Foundation. The notice from the attorney general stated that the Trump Foundation was “in violation of section 172 of Article 7-A New York’s Executive Law, which requires charitable organizations that solicit contributions in New York State to register with the Charities Bureau and to provide annual financial reports and annual audited financial statements.” The notice also required the Trump Foundation to cease and desist from soliciting charitable donations in New York and to otherwise comply with New York State law. Shortly before the 2016 election then-Attorney General of New York Eric Schneiderman issued a Notice of Violation to the Donald J. While not as high profile as some of the other legal liabilities the President faces, these Trump Foundation investigations raise significant questions of corruption, fraud, and campaign finance violations.ĭuring the 2016 campaign, there were reports that something dishonest was going on at the Trump Foundation. Trump Foundation, and the New York tax authorities are investigating potential violations. The Attorney General of New York sued for illegal misuse of the Donald J. Amid the many legal problems swirling around President Trump, New York state authorities have launched significant investigations of the Donald J.
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