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TomCADem

(17,387 posts)
Sun Jan 7, 2018, 01:28 AM Jan 2018

WaPo - Trump Foundation admits to violating ban on self-dealing, new filing to IRS shows

Given the sudden interest in charitable foundations and investigations for tax evasion, I doubt the FBI is going to be looking into Trump's foundation any time soon.

https://www.washingtonpost.com/politics/trump-foundation-apparently-admits-to-violating-ban-on-self-dealing-new-filing-to-irs-shows/2016/11/22/893f6508-b0a9-11e6-8616-52b15787add0_story.html?utm_term=.3cd697136691

President-elect Donald Trump’s charitable foundation has admitted to the Internal Revenue Service that it violated a legal prohibition against “self-dealing,” which bars nonprofit leaders from using their charity’s money to help themselves, their businesses or their families.

The admission was contained in the Donald J. Trump Foundation’s IRS tax filings for 2015, which were recently posted online at the nonprofit-tracking site GuideStar. A GuideStar spokesman said the forms were uploaded by the Trump Foundation’s law firm, Morgan, Lewis & Bockius.

The Washington Post could not immediately confirm if the same forms had actually been sent to the IRS.

In one section of the form, the IRS asked whether the Trump Foundation had transferred “income or assets to a disqualified person.” A disqualified person, in this context, might be Trump — the foundation’s president — or a member of his family or a Trump-owned business.

The foundation checked yes.
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WaPo - Trump Foundation admits to violating ban on self-dealing, new filing to IRS shows (Original Post) TomCADem Jan 2018 OP
LOCK THEM UP!! Angry Dragon Jan 2018 #1
My my, who would've thought that they were capable of such things? BigmanPigman Jan 2018 #2
Kick lamp_shade Jan 2018 #3
Projection, anyone? KY_EnviroGuy Jan 2018 #4
LOL malaise Jan 2018 #6
83-degrees today with showers in Kingston. Shame on you, LOL. KY_EnviroGuy Jan 2018 #7
Yes our temperature is lovely but we haven't seen the sun for over a week malaise Jan 2018 #8
So ReTHUGs go after the Clinton Foundation malaise Jan 2018 #5
K & R. I also wonder... KY_EnviroGuy Jan 2018 #9

KY_EnviroGuy

(14,490 posts)
4. Projection, anyone?
Sun Jan 7, 2018, 07:13 AM
Jan 2018

Obviously not related to recently requested investigation of the Clinton Foundation.

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KY_EnviroGuy

(14,490 posts)
7. 83-degrees today with showers in Kingston. Shame on you, LOL.
Sun Jan 7, 2018, 08:21 AM
Jan 2018

Would have beat you but I'm so damn cold and old, I slow down. Feet feel like big ice cubes. Democrat brain still on fire, though.

Hell, we're having a heat wave today. Supposed to hit 35-deg. F.

Just kidding (lucky you) and hope you had a great holiday season. Did you box with anyone, LOL?

...........

malaise

(268,930 posts)
8. Yes our temperature is lovely but we haven't seen the sun for over a week
Sun Jan 7, 2018, 08:31 AM
Jan 2018

Guess I shouldn't be greedy since parts of the island are experiencing severe flooding and most of you are freezing.
And yes the season was lovely - no boxing but we love the holiday. Have a great year

KY_EnviroGuy

(14,490 posts)
9. K & R. I also wonder...
Sun Jan 7, 2018, 10:15 AM
Jan 2018

how much false info Russia is still planting on social media about the Clintons and the Foundation. Goodness knows, Faux News and right-wing talk radio will be doing their share. Some days I think every citizen's head in the USA must surely be spinning in total confusion...

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