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NBC: Trump Used Money From Charitable Foundation to Settle Legal Disputes [View all]
Donald Trump used money from his charitable foundation to settle legal disputes concerning his business enterprises, court and tax filings show — a practice that charity experts say raises red flags and may violate IRS laws.
But the Trump campaign is defending the practice, with campaign manager Kellyanne Conway noting that it hadn't yet drawn IRS scrutiny.
A review of legal documents and interviews by NBC News found that $258,000 in Donald J. Trump Foundation donations was used to settle two separate suits against Trump's private companies, which was first reported by the Washington Post.
In one case, Trump agreed to donate $100,000 to the Fisher House Charity to settle a lawsuit brought by the Town of Palm Beach over a sizable flagpole Trump erected on the grounds of Mar-a-Lago, his Palm Beach club.
But the Trump campaign is defending the practice, with campaign manager Kellyanne Conway noting that it hadn't yet drawn IRS scrutiny.
A review of legal documents and interviews by NBC News found that $258,000 in Donald J. Trump Foundation donations was used to settle two separate suits against Trump's private companies, which was first reported by the Washington Post.
In one case, Trump agreed to donate $100,000 to the Fisher House Charity to settle a lawsuit brought by the Town of Palm Beach over a sizable flagpole Trump erected on the grounds of Mar-a-Lago, his Palm Beach club.
http://www.nbcnews.com/politics/2016-election/trump-used-money-charitable-foundation-settle-legal-disputes-n651661
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