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 re-donating 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.
Forbes reported that in 2011, costs for Eric Trump's golf tournament fundraiser tripled because his father realized that the organization had not been charging for the event and there were no bills to prove it. The Foundation declined to provide Forbes with an itemized list of expenses for the tournament.
Charity experts told Forbes that the amount paid to the Trump Organization for a golf tournament fundraiser for St. Jude's "defy any reasonable cost."
The increased costs for the tournament coincided with changes to the Foundation's board in 2010, when it changed from being made up of mostly Eric's personal friends to those closely connected with the financial interests of the Trump Organization, according to Forbes.
The tax filings also show that the Eric Trump Foundation made a 2014 payment of $87,665 to another Trump property, the Trump National Golf Club in Washington, DC for fundraising events.
In addition, the Forbes report claims that Eric Trump's charity redirected some donations. More than $500,000 was given by the Eric Trump Foundation to other charities, "many of which were connected to Trump family members or interests," according to Forbes.
In a statement released Tuesday, a spokesman for the president's son defended the Eric Trump Foundation.
"During the past decade, the Eric Trump Foundation has raised over $16.3 million for St. Jude Children's Research hospital while maintaining an expense ratio of just 12.3 percent," the statement reads. "The Eric Trump Foundation was also responsible for building a $20 million dollar ICU which treats the sickest children anywhere in the world suffering from the most catastrophic terminal illnesses."
The statement continues, "Contrary to recent reports, at no time did the Trump Organization profit in any way from the foundation or any of its activities. While people can disagree on political issues, to infer malicious intent on a charity that has changed so many lives, is not only shameful but is truly disgusting. At the end of the day the only people who lose are the children of St. Jude and other incredibly worthy causes."
And as Forbes points out in its report, "Altruism as a business-development strategy isn't necessarily illegal. But a situation in which outside donor money is redeployed away from the core mission in ways that seem to ultimately benefit the family that pays the majority of the board is -- at best -- an appearance problem."

-------------------------
I distrust those people who know so well what God wants them to do, because I noticed it always coincides with their own desires

Susan B. Anthony
1896

Impeach Trump

He'd cheat his own mother that bastard.

-------------------------
Capitalism is based on the ridiculous notion that you can enjoy limitless growth in a closed, finite system.

In biology, such behavior of cells is called "cancer".

http://www.npr.org/2018/12/18/...ork-ags-investigation


"Citizens For Responsibility and Ethics in Washington executive director Noah Bookbinder said, "It is good to see this fraud is finally over." CREW had filed complaints calling for investigations into the foundation."






-------------------------

"One of the reasons why propaganda tries to get you to hate government is because it's the one existing institution in which people can participate to some extent and constrain tyrannical unaccountable power." Noam Chomsky.

There have always been questions about the Clinton Foundation's actual purpose and behavior over the years. Of course we can't forget the Uranium One situation during the Obama years in which, while Hillary Clinton was the Secretary of State, the Committee on Foreign Investment in the United States (CFIUS) board approved giving Russia the rights to 20 percent of our uranium and then magically, $145 million shows up in the Clinton Foundation from interests with ties to Uranium One.----------- What is not as well known is that there were other concerning business transactions while Hillary was Secretary of State: between 2010 and 2012, Hillary Clinton's State Department approved $165 billion worth of commercial arms sales to nearly two dozen foreign countries, whose governments had conveniently given anywhere from $54 to $141 million to the Clinton Foundation.------------ Now, commercial arms sales to foreign countries happen all the time. What's unusual about the size of the sales Hillary approved in that two year period is that they represented nearly "double the value of American arms sales made to the those countries and approved by the State Department during the same period of President George W. Bush's second term."--------- In what also gives the appearance of the Clinton Foundation being a slush fund, a 2014 consolidated audit shows that the Clinton Foundation, Clinton Health Access Initiative and other Clinton Foundation programs in 2013 received iin contributions, grants and other revenue $294,741,157, claiming $351,555,126 in total net assets. It also claimed that it had spent 88 percent on programs that year when in reality just under $9 million went to direct charitable grants. As Sean Davis at The Federalist wrote: "The amount it spent on charitable grants - $8.8 million - was dwarfed by the $17.2 million it cumulatively spent on travel, rent, and office supplies."

-------------------------
Romans 8;18-32 John 3;16-18

Oh but you do forget. You do forget that Clinton didn't control that deal. It was approved by the Committee on Foreign Investment. The State Department has but one vote on that committee. DHS, Defense, Energy, Commerce and other had to sign off. You ignore that over and over again to play your little whatabout game. Stupid little sycophant toady.

-------------------------
...

Whatabout Clinton. textbook.

-------------------------

"One of the reasons why propaganda tries to get you to hate government is because it's the one existing institution in which people can participate to some extent and constrain tyrannical unaccountable power." Noam Chomsky.

Good for Eric. At least we conservatives give to charity. Progs, of course do not, not with their own money.

-------------------------
I :heart; Q

Good thing it wasn't the Hillery Foundation. He'da been locked up fer sher.

"we conservatives give to charity?" That's funny. You do realize he was using a charity to steal money? Like his father? You conservatives like to give if it means it can be used to steal, write off or offset some tax debt. I wouldn't confuse that with giving, but then again, you confused the Trump's thievery with giving so maybe explaining to you why its wrong is like explaining the color blue to a blind person.

-------------------------

"One of the reasons why propaganda tries to get you to hate government is because it's the one existing institution in which people can participate to some extent and constrain tyrannical unaccountable power." Noam Chomsky.

They're all scoundrels.

-------------------------
Capitalism is based on the ridiculous notion that you can enjoy limitless growth in a closed, finite system.

In biology, such behavior of cells is called "cancer".

Like these? He's a CON and you (the drumpf-sters) are his mark...

How Donald Trump Shifted Kids-Cancer Charity Money Into His Business

Donald Trump used his charity money to pay legal bills, promote hotels

Trump Foundation Gave Money to Charities Who - Surprise! - Booked Galas at Mar-a-Lago

-------------------------
GOP:

Gaslight
Obstruct
Project

Edited: 12/18/2018 at 01:18 PM by Pagerow

And speaking of the Trump "foundation"..... he's a fu@#ing grifter

The Trump Foundation Was Essential Trumpism: One for All and All for Me

Trump agrees to shut down his charity amid allegations that he used it for personal and political benefit

New York Attorney General Barbara Underwood announced Tuesday that her investigation found "a shocking pattern of illegality involving the Trump Foundation - including unlawful coordination with the Trump presidential campaign, repeated and willful self-dealing, and much more."

"This is an important victory for the rule of law, making clear that there is one set of rules for everyone," she added in a statement.

The shuttering comes after The Washington Post documented apparent lapses at the foundation. Trump used the charity's money to pay legal settlements for his private business, to purchase art for one of his clubs and to make a prohibited political donation.

-------------------------
GOP:

Gaslight
Obstruct
Project

Apparently, the New York social scene revolves around a series of charity social events and always has. Trump, who went to every social event to see and be seen, thought he could get into the Charity game and get the maximum benefit with the minimum investment. That explains a lot.

-------------------------

"One of the reasons why propaganda tries to get you to hate government is because it's the one existing institution in which people can participate to some extent and constrain tyrannical unaccountable power." Noam Chomsky.

He ran a $7.00 bill through the charity. $7 dollars?

Cheapest scum on earth.

-------------------------
I was right.

Grand son's baseball fees. Class.

-------------------------

"One of the reasons why propaganda tries to get you to hate government is because it's the one existing institution in which people can participate to some extent and constrain tyrannical unaccountable power." Noam Chomsky.

Everyone who's anyone has a charity! It's a tax gift to the wealthy. ANd kudos to the real philanthropists for not being a Trump and using the loophole for their own personal slush funds.

Now a PAC is something a middle class person might benefit from setting up...

We need to get an investigation going on this right away! And we really need to look into her emails! ect., etc., etc.,!She's been a public figure her whole life with the repugs watching her every move every second of the day. Either she's the smartest crook ever, the repugs are dumb as rocks or she's basically clean. But go on down to the Pizza Hut and look for her and the pediphiles if you want.

-------------------------
"I remember South Africa in the late 70's, sleeping on the beach at J-bay, smoking ganja with the blacks. On weekends we'd go to the pub in East London to drink beer and fight with the Afrikaners. They liked to fight, I liked to fight. It was a good time"

But let's get back to the topic, What do you think about the way the various trump charities have been used?

-------------------------
"I remember South Africa in the late 70's, sleeping on the beach at J-bay, smoking ganja with the blacks. On weekends we'd go to the pub in East London to drink beer and fight with the Afrikaners. They liked to fight, I liked to fight. It was a good time"