Trump Foundation Agrees to Dissolve Over Constant Liberal Harassment – Poor and Suffering Hurt the Most – Gave Out More Money than It Took In
The Trump Foundation agreed to dissolve on Tuesday after several months of harassment and abuse by liberal lawyers, New York state and the liberal mainstream media.
The foundation was in the unique position in that it gave more money away than it took in from donations.
This is unheard of.
The Clinton Foundation criminal syndicate is still in operation.
The Trump Foundation was little more than a checkbook for payments to not-for-profits from Mr. Trump or the Trump Organization.
Despite this the left harassed them out of business.
Eric Trump suspended operations of the charity last year due to concerns that donors could be viewed as buying access to the Trump family.
ABC News reported:
President Trump’s embattled charitable foundation has agreed to dissolve itself under judicial supervision as part of a lawsuit brought by New York Attorney General Barbara Underwood.
The Trump Foundation had previously sought to dissolve on its own terms but has now signed a stipulation that requires it to do so with monitoring by the court and oversight by the attorney general’s office, which must review and approve disbursements of remaining funds to make sure the recipients are legitimate.
“Today’s stipulation accomplishes a key piece of the relief sought in our lawsuit earlier this year,” said New York Attorney General Barbara Underwood in a statement. “Under the terms, the Trump Foundation can only dissolve under judicial supervision – and it can only distribute its remaining charitable assets to reputable organizations approved by my office.”
The attorney general’s lawsuit alleged that the president and his three eldest children, who served as members of the foundation’s board, repeatedly used charitable donations for personal, political and business gains, including legal settlements, campaign contributions and even to purchase a portrait of Trump to hang at one of his hotels.
The alleged conduct, Underwood said, “amounted to the Trump Foundation functioning as little more than a checkbook to serve Mr. Trump’s business and political interests.”