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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsEric Trump funneled cancer charity money to his business: Report
Eric Trump funneled cancer charity money to his business: ReportABC News LAUREN PEARLE
Monday, November 20, 2017 06:44PM
Eric Trump is slamming a Forbes report that alleges his charity, the Eric Trump Foundation, has been funneling donations -- from donors who believed the money was going to St. Jude Children's Research Hospital -- to the Trump Organization by paying high sums for use of Trump properties during fundraisers and redonating some funds to charities friendly with Trump interests.
Forbes reported Tuesday that the Eric Trump Foundation paid the Trump family business hundreds of thousands of dollars over the last seven years for use of one of the organization's golf courses, funds which he claimed were being donated nearly in full to the children's cancer charity.
"We were able to come up with this concept of raising a lot of money with really no expense and it's because we were incurring the expenses at the assets we were taking on the expenses as Trump. We were using our own facilities," Eric told donors in a promotional video.
According to IRS filings, the Eric Trump Foundation in 2012 spent $59,085 on its annual Golf Invitational fundraiser held at the Trump National Golf Club in Westchester County, New York -- money that skimmed from donations to St. Jude's Children's Research Hospital. Those expenses ballooned to $230,080 in 2013 and to $242,294 in 2014, according to the filings. It is unclear from these tax forms how much of those payments went to the Trump Organization.
http://abc7chicago.com/news/eric-trump-funneled-cancer-charity-money-to-his-business-report/2069561/
Not Ruth
(3,613 posts)Always give directly
democratisphere
(17,235 posts)karynnj
(59,498 posts)United Way does use a portion of its money to pay for its own organization, but they do what they say and that information is up front. The red Cross is also credible.
Achilleaze
(15,543 posts)as demonstrated over and over by the republican's "first family."
workinclasszero
(28,270 posts)The "First(crime)Family".
Remember President Obama and his beautiful family?
It seems like a hundred years ago already.
Cicada
(4,533 posts)Give well deserves the Nobel peace prize
FM123
(10,053 posts)If memory serves me right, Trumpy found out that his son was donating the use of the golf course for charity and had a fit - insisting that they start charging big bucks so Trumpy could get a cut of the profits then a kickback later. It's like some kind of playbook from the mob.
malaise
(268,693 posts)a CON
gibraltar72
(7,498 posts)of having charitable foundations if you can't use them? Kinda like nuclear weapons.
Bleacher Creature
(11,252 posts)He's really been losing ground lately in the race to be the worst of the Trump children. Trump Jr. is still very much in the lead, and it may insurmountable if he convinces his dad to nix the restrictions on trophy hunting, but for now we've got ourselves a real race!