Eric Trump Foundation Told Donors Money Went To Kids With Cancer, Then Gave To Different Causes

[DonViejo]

Last edited Fri Jun 30, 2017, 04:49 PM - Edit history (2)

JUN 29, 2017 @ 12:18 PM

Dressed in a pinstriped suit and blue tie, with New York’s Plaza Hotel framed over his left shoulder and Central Park over his right, the president’s son Eric Trump touts his charity’s 2014 golf invitational in a Trump Organization video. “It’s really kind of the pinnacle for the Eric Trump Foundation,” he says. “We just raised an inordinate amount of money, and it all obviously goes to the children of St. Jude.”

The charity did in fact raise a serious amount of money at the golf event that year, some $1.8 million, according to federal tax filings, while maintaining an impressive expense ratio of just 14%. But not all of the money went to St. Jude Children’s Research Hospital, a renowned pediatric cancer center in Memphis, where the Eric Trump Foundation had been telling its donors their money went for years. In fact, St. Jude received $1.2 million, $240,000 covered expenses and more than $200,000 went to other organizations, most of which had no programs to help kids with cancer but did have strong ties to Trump family members and interests.

Ten thousand dollars paid for tables at an event for another nonprofit, the Little Baby Face Foundation, which honored Eric at its annual gala one year. Some $37,000 went to the Staten Island Zoo, which at one point said the Eric Trump Foundation had helped to donate three arctic foxes. Another $15,000 went to a charity that supports at-risk Jewish children in a southern Ukrainian city.

And that was just in 2014. From 2011 to 2015, the Eric Trump Foundation donated more than $6 million to St. Jude Children's Research Hospital, but it also doled out over $500,000 to about 40 other charities, while assuring donors on its website that all gifts supported St. Jude.

more
https://www.forbes.com/sites/danalexander/2017/06/29/eric-trump-foundation-told-donors-money-went-to-kids-with-cancer-then-gave-to-different-causes/#2e83808ca16f

[gratuitous]

1. This is bone simple non-profit 101

If you take a donation for one thing, then spend it on another thing, you have committed fraud. Even my teeny-tiny church congregation knows that! If we get a restricted donation for new hymnals, but we spend it on choir robes, we're fucked. We carefully account for every penny and keep designated funds strictly segregated from general donations.

If a little church can keep track of this stuff, how much more should a reputable foundation be able to keep it straight? "Oh, it was just a few hundred thousand out of millions they took in. No big deal." Yeah, it IS a big deal.

[Wellstone ruled]

2. Belong to a Non-Profit Club.

Our books are Audited every 3 months with a annual Audit conducted by a committer of Members just in case. We do a couple of presentations to Elementary and Junior High Students each year to maintain our 503 status. Love to get the kids involved and damn it,would do it every week end if possible.

[C_U_L8R]

3. This....

[Vogon_Glory]

4. All you right-wing Trump fans out there, listen up!

The article was in Forbes, a business magazine with a strong conservative slant. Steve Forbes was not only a Ronald Reagan fan, but a big fan of Dubya and the Republican Congress.

When a guy like Steverino is forced to say that some of the behavior of the Trump clan stinks, you ought to pay attention.

Unless, of course you're happy with the idea of re-creating the Third World-style corruption that so many immigrants fled from.