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The Trump Foundation Says It Violated ‘Self-Dealing’ Ban

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The Trump Foundation Says It Violated ‘Self-Dealing’ Ban

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Trump Foundation

(Reuters) – U.S. Republican President-elect Donald Trump’s charitable foundation said it violated a ban on so-called “self-dealing” by transferring income or assets to a “disqualified person,” according to a copy of its 2015 tax filings made public this week.

The Donald J. Trump Foundation’s Internal Revenue Service forms, first reported by The Washington Post on Tuesday, showed that the organization said “yes” when asked if it had transferred “any income or assets to a disqualified person.”

Asked if it had violated the ban on so-called self-dealing in prior years, the foundation also said “yes,” according to the forms, also viewed by Reuters.

According to the IRS, self-dealing can include the “transfer to, or use by or for the benefit of a disqualified person of the asset of a foundation,” except for certain exemptions.

On the forms, Trump’s foundation said “yes” when asked if any of the income or assets transfers failed to qualify as IRS exemptions.

The 30-page filing was signed by the foundation’s treasurer, Donald Bender, but not dated, and it was unclear whether they had been filed with the IRS.

Representatives for Trump and the foundation did not immediately respond to requests for comment.

The forms were posted late on Monday on the website for Guidestar, which tracks nonprofit organizations, according to the Post, which also said it could not confirm whether the forms had actually been sent to the IRS.

On Oct. 4, New York state Attorney General Eric Schneiderman ordered the foundation to immediately stop fundraising in the state, accusing it of having violated a state law requiring charitable organizations that solicit outside donations to register with his office’s Charities Bureau.

The order followed a series of reports in the Post that suggested improprieties by the foundation, including using its funds to settle legal disputes involving Trump businesses.

The Post said Trump might have violated IRS rules against “self-dealing” by using foundation money to purchase two portraits of himself, which were then hung at his private golf clubs in New York and Florida.

Trump’s campaign suggested that the probe launched by Schneiderman, a Democrat, was politically motivated.

IMAGE: Donald Trump in Las Vegas, Nevada, U.S., October 19, 2016. REUTERS/Rick Wilking

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19 Comments

  1. InGen12 November 25, 2016

    Drumpf continues to thumb his nose at rules, laws, ethics, propriety…

    Reply
    1. jmprint November 26, 2016

      The “law and order president”, does have to follow law and order, it’s not in the constitution, and if it is we can manipulate the wording to mean something different, that doesn’t apply to him.

      Reply
  2. TZToronto November 25, 2016

    Surprise, surprise!! It looks like Trump doesn’t have to be the president to engage in conflict of interest and get away with it. Of course, I imagine that Trump’s supporters are OK with this. After all, Hillary . . .

    Reply
    1. Dominick Vila November 26, 2016

      Don’t expect his supporters to chant “Hang Him”. That privilege is limited for people like Hillary, who had the audacity of having lunch with a donor.

      Reply
      1. jmprint November 26, 2016

        While Trump is dining his foreign business partners and locking business even before the inauguration. But that’s not important to his followers. Because he is bringing in those imaginary jobs, and then there are those jobs the illegals, won’t be around to do.

        Reply
  3. Blueberry Hill November 25, 2016

    Just how many laws does this POS have to break before spending some time in Prison? Why is he treated so special? He is nothing but a Carnival Barker, Snake Oil Salesman, he gets away with doing what the rest of us could never get away with. When will the law apply to him and not just to the rest of us? He should already be in prison for Income Tax evasion alone. He is crooked as a snake, and we all know it. I think it is time for the laws that apply to us, also apply to this lawless loudmouth liar. How can the IRS possibly look the other way and put one of us in prison? Time for him to grow up and face his responsibilities just like the rest of us do. What a worthless hunk of dog poop. Look at all the lies he said about Hillary. Of course he is not going to pursue locking her up. He can’t anyway, for one thing, plus the fact that she has committed no crime, nothing to be locked up for. He can’t just lock up someone because he wants to. He is the crook who needs to be locked up.

    ..

    Reply
    1. Jon November 25, 2016

      You are being too kind to president-elect pedophile. He has used bribery, his family, his wealth, and his status to avoid responsibility for everything he has done. It started with assaulting a teacher when he was a kid in school and has never stopped.

      Reply
    2. Dan S November 26, 2016

      We the people have been bamboozeled by the greatest conman in American politics. What really galls me more than anything is that he lost the popular vote by more than 2 million. This reality tv star refused to release his taxes which was very suspicious at the start. He’s easily the most corrupt unethical President Elect we’ve ever had. Our last line of defense is the voters of the Electoral College. Are they simply going to rubber stamp the election night results or can they have a backbone & refuse to vote Trump into office ? Democracy in this country will die if he’s allowed to be sworn in on January 20th

      Reply
    3. jmprint November 26, 2016

      It seems like not only the IRS looks away, but also the FBI, CIA and Christian Leaders. Why? Could it be self self interest?

      Reply
      1. Blueberry Hill November 27, 2016

        It doesn’t make any sense, and I wonder why no one is screaming to the hilltops over this privileged pig.

        ..

        Reply
    4. BDD1951 November 29, 2016

      He either threatens people or buys them off. I wonder how many people he has had murdered by his Mafia friends.

      Reply
  4. Aaron_of_Portsmouth November 25, 2016

    With all the yapping by Trump to lock someone up, it’s well past the time to bring charges against Trump for innumerable violations and blatant disregard for the concept of justice and following the laws of the land. Letting him off the hook so far is a travesty of the concept of carefully scrutinizing both candidates and not just one, and to blithely ignore so many of the breadcrumbs left behind by his lordship while concentrating solely on emails and private servers is a dereliction of duty by the FBI and the Justice Dept.. And all the emphasis about the Clinton Foundation should now be directly solely at Trump’s dubious Foundation. That 20 foot narcissistic portrait of himself should have sounded alarms long ago.

    What a work of art thou art, Donald.

    Reply
  5. Dominick Vila November 26, 2016

    Using charitable donations for personal use (portraits of Trump), bribing Pam Bondi, the Florida Attorney General who four days after receiving the “donation” dropped her plans to investigate Trump U, are likely to be the tip of the iceberg when Trump’s Foundation and businesses are subjected to the scrutiny they deserve. Draining the swamp takes a new meaning when it comes to Trump.

    Reply
    1. jmprint November 26, 2016

      Trump is the swamp monster.

      Reply
    2. ivory69690@yahoo.com November 26, 2016

      for sure the bribing money came from his foundation . now he will tall the fl. ATT. GEN. he want that money back with interest because he had settled the case . im still thinking he got that settling money for on of 2 places 1 his foundation or 2 from the money he had left from the donners money left over from the campaign one knows that money isn’t there any more . WHERE IS IT AT ? CALL AND ASK THE IRS TO FIND IT

      Reply
  6. catherinecaro November 26, 2016

    One yr ago I decided to abandon my old job and i couldn’t be happier now… I started doing work over internet, over a website I stumbled upon online, for a few hrs every day, and I profit now much more than i did on my old job… Pay-check i got for last month was for 9k… Amazing thing about it is that i have more free time for my loved ones… http://chilp.it/728813e

    Reply
  7. DGJeep November 26, 2016

    There is only #oneissue right now, the CRIMINAL prosecution of Trump for the RICO-FRAUD in the TRUMP UNIVERSITY and TRUMP FOUNDATION cases!!!

    We cannot let any possibility for a quid pro quo cabinet appointment, Emolument while in office or NO-Prosecute for Hillary DISTRACT US!!! #NEVERTRUMP

    http://dgjeep.blogspot.com/2016/11/there-is-only-one-issue-right-now_22.html

    Trump GETS a tax-right-off because there is no admission of guilt #TrumpUniversity !!!

    He is trying to put off the FINAL JUDGEMENT until after the Electoral College VOTES, “UPDATE: On November 18, 2016, an agreement in principle was reached to settle Low v. Trump University et. al. and Cohen v. Trump and the parties entered into a memorandum of understanding. A stipulation and motion seeking preliminary approval of the settlement will be filed on or before December 19, 2016.”

    You think Stephen K. Bannon is a strategist you are BEING DUPED. Stephen K. Bannon is propagandist behind the FAKE NEWS e.g. the Macedonian Boys!
    http://dgjeep.blogspot.com/2016/11/you-think-stephen-k-bannon-is.html

    If the Electoral College ever had any REAL purpose it was to allow saner, maybe more INFORMED (i.e. #TrumpUniversity and #TrumpFoundation) people to make the decision rather than a flawed electoral methodology.

    http://dgjeep.blogspot.com/2016/11/if-electoral-college-ever-had-any-real.html

    “Trump Gets $25 Million Tax Write-Off For Trump University Settlement” by Robert W. Wood – Forbes
    http://www.forbes.com/sites/robertwood/2016/11/18/trump-gets-25-million-tax-write-off-for-trump-university-settlement/#7c43ef0f5c6a

    “Trump Foundation admits to violating ban on ‘self-dealing,’ new filing to IRS shows” Washington Post – ‎5 hours ago 11-22-16
    https://www.washingtonpost.com/politics/trump-foundation-apparently-admits-to-violating-ban-on-self-dealing-new-filing-to-irs-shows/2016/11/22/893f6508-b0a9-11e6-8616-52b15787add0_story.html

    Reply
  8. mildredworden November 26, 2016

    1 year ago I left my office work and that decision was a life changer for me… I started to work from home, over a website I stumbled upon online, for a few hours each day, and I make much more than i did on my previous job… My payment for last month was for $9000… Amazing thing about this job is the more free time i got with my kids… http://chilp.it/728813e

    Reply
  9. crane.tammie November 29, 2016

    After 5 years I decided to quit my office job and it was a best decision i made in my life… I started doing work from comfort of my home, for this company I stumbled upon online, for several hrs each day, and I earn much more than i did on my previous job… My last month pay-check was for 9 thousand dollars… The best thing about it is that i have more free time to spend with my family…
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    Reply

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