Donald Trump is shutting down his charitable foundation

[DonViejo]

Source: NBC News



EXCLUSIVE
NEWS
NOV 20 2017, 5:41 PM ET

by KEN DILANIAN, RICH GARDELLA and PATRICK MARTIN

WASHINGTON — President Donald Trump's charitable foundation, which last year admitted violating federal rules on "self-dealing," is in the process of dissolving, according to newly filed documents reviewed by NBC News.

The move fulfills a promise Trump made last December, when he said he would wind down the Donald J. Trump Foundation to avoid conflicts of interest. New York's attorney general ordered the foundation to stop soliciting contributions in October 2016.

"The foundation announced its intent to dissolve and is seeking approval to distribute its remaining funds" to other charities, according to its 2016 Internal Revenue Service filing, filed this month and uploaded to the website of charity watchdog Guidestar.org by the foundation.

At the end of 2016, the foundation had assets of about $970,000, the document shows.

Read more: https://www.nbcnews.com/news/us-news/donald-trump-shutting-down-his-charitable-foundation-n822636?cid=sm_npd_nn_tw_np

[Freethinker65]

1. Not enough $ in the fund to be worth stealing from anymore, eh?

[WinstonSmith4740]

8. My thoughts exactly.

Under one million left? Must have had some heavy "administrative fees".

[George II]

2. He claimed it would be shut down a year ago.

[FSogol]

3. Aw, the Trump family gravy train ends. They'll have to think

Up a new way to rip off kids with cancer.

[Yonnie3]

5. They already thought of a way to rip off kids with cancer.

They are getting Congress to do it so tRump and friends don't have to pay AMT.

[unblock]

7. they've hooked themselves up to a vastly larger gravy train. orders of magnitude larger.

[Eliot Rosewater]

4. Didnt Engel and NBC do a report about how the trump family are all criminals

and in gross violation of the Constitution and emoluments and so on?

Think so, if you want to know how BAD these allegations are, just substitute the name Hillary or Barack for Trump and the country would be stopped until they were in prison.

Worse, they would not be safe physically, like I always say.

The trump and kushner crimes are SO EGREGIOUS that if ANY democrat were guilty of ONE PERCENT of what they are, they would be hounded and chased and the SS could never protect them.

[Roy Rolling]

6. Poverty and Disease have been solved!

The Trump Tribal Elders have spoken.

[olddad56]

9. it was probably just a money laundering scheme anyway. That is sort of what he has done forever.

[StepnKretchit]

10. Something happening here.

[maxrandb]

11. Better make sure the records are preserved

Wouldn't put it past Donnie Short Fingers to say, " hey we shut down that foundation and burned all the records" when Mueller comes calling.

Someone better get a record preservation court order pronto.

[Botany]

12. I think NY State's A.G. already has the Trump Foundation under investigation and stopped ....

.... Trump from shutting it down last year because of his ongoing investigation.


The T.F. paid $20,000 for this picture.

Link to tweet

https://www.washingtonpost.com/news/post-politics/wp/2016/11/01/this-is-the-portrait-of-himself-that-donald-trump-bought-with-20000-from-his-charity/?utm_term=.be9079357a04

[maxrandb]

13. Is that Don Johnson?

[BigmanPigman]

16. It looks like an illustration (a bad one at that)

for a Harrlequin Romance novel minus the mullet and bare chest. Does he think he is Fabio? His head is too small and hands too large. As an artist/illustrator this offends me visually. As a person in general this offends me too.

[CTyankee]

17. Donald doesn't have a high regard of art, obviously. That is the worst.

I detest bad art. At least Napoleon had Jacques Louis David as his portrait artist and David did other wonderful works such as "The Coronation of Josephine." Here is my essay on this work of art https://www.democraticunderground.com/10027263836

It was a puff piece indeed and he feared he was in big trouble (guilietine and all, ya know) if he didn't make it all look nice. He painted Josephine as younger and um, slenderer than she actually was. Talk about a political statement...

[sinkingfeeling]

14. Think that's a mis-use of the word 'charitable'.

[BigmanPigman]

15. Trump and charity are a contradiction of terms.

[dreamland]

18. We should watch where they are dispersing the money.

I don't, for a second, doubt that any of the charities they will disperse the money to will be own or operated by the tRump underlings. We need to keep an eye on where they will put the remaining assets and call them out for any that ends up in their own pockets. Criminals, the lot.