Trump Accused of Using His Charity as a Political Slush Fund

christiefan915

Catalyst
Contributor
The Trump Foundation, Donald Trump’s nonprofit organization, is under fire for allegedly operating as more of a political slush fund than a charity. The foundation is accused of violating rules prohibiting it from engaging in politics—prompting ethics watchdogs to call for public investigations.

On numerous occasions this year, Trump’s campaign work and his foundation work have overlapped—putting himself at risk for penalties and his charity at risk of being shut down.

It’s the latest example of Trump courting controversy: not merely through inflammatory rhetoric, but also through private dealings that raise serious legal questions—all of which indicate how he might govern if elected president of the United States.

Trump is listed as the president of the foundation in the charity’s annual disclosures, and his children Donald Trump Jr., Eric Trump, and Ivanka Trump are all listed as directors. Foundations like theirs are exempt from paying taxes, and as such are barred from engaging in political causes.

“A 501(c)(3) [nonprofit organization], like the Trump Foundation, is strictly prohibited from engaging in political activity. On its tax forms, the Foundation told the IRS that it does not,” said Jordan Libowitz, a spokesman for Citizens for Responsibility and Ethics in Washington (CREW).

But in key early primary states this year, Trump handed out Foundation checks to charities at campaign rallies. This also calls into question “whether the foundation provided the campaign with an illegal in-kind contribution by providing services for what was a campaign event. Under the campaign finance laws… providing anything of value to a campaign for free or at less than fair market value is a contribution to the campaign,” said Larry Noble, the general counsel at the Campaign Legal Center.

Both the contribution to Bondi and the overlap between the Trump campaign and his charity should be publicly examined, government watchdogs said.

“This should be investigated. There are troubling legal issues posed in both circumstances,” said Richard Skinner, a money-in-politics policy analyst at the Sunlight Foundation. “There is definitely [use of] a charitable foundation in an inappropriate way. And in 2013, the Trump Foundation donated $25,000 to a political organization supporting Florida Attorney General Pam Bondi—an action the foundation is prohibited from taking, and which it failed to report on its disclosures.

The Trump campaign blamed this failure on clerical mistakes, but legal experts are sounding the alarm because at the time Bondi was reviewing complaints surrounding the businessman’s controversial Trump University project.

http://www.thedailybeast.com/articl...ng-his-charity-as-a-political-slush-fund.html
 
See all these "unnecessary regulations" are just preventing his campaign from making a decent profit...
 
HIS BEST DONOR;

putin_trump-620x412.jpg
 
Back
Top