Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNBC: Trump Used Money From Charitable Foundation to Settle Legal Disputes
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
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
8 replies, 1453 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (11)
ReplyReply to this post
8 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
NBC: Trump Used Money From Charitable Foundation to Settle Legal Disputes (Original Post)
spanone
Sep 2016
OP
napkinz
(17,199 posts)1. Lock Him Up!
spanone
(135,844 posts)6. imagine if it were Bill & Hillary and their foundation....
the media would be on it like flies on doo doo
It would be dominating the news cycle.
BREAKING NEWS BANNERS WITH DRAMATIC MUSIC!
FRENZIED COMMENTATORS!
but it's only Trump ... crickets
phallon
(260 posts)2. And it was your donation NBC. You took a charitable exemption didn't you NBC?
trof
(54,256 posts)4. And half a million dollars in the Trump Foundation came from NBC-Universal.
You could look it up.
Jade Fox
(10,030 posts)5. When are those who donated to Trump's foundation......
going to start speaking up? This story has been on the news for at least a week.
malaise
(269,054 posts)7. King Con strikes again
Please proceed Don the Con!