Trump used charity funds to pay legal settlements
REPUBLICAN presidential nominee Donald Trump used funds from his charitable foundation to pay settlements in legal cases involving his businesses, an apparent violation of laws governing non-profits, The Washington Post reported.
The cases involved a combined US$258,000 paid out by the Donald J Trump Foundation – a charity almost entirely funded with other people’s money, the newspaper said.
The newspaper carried out a weekslong investigation into the charity’s finances, finding that Mr Trump himself has not contributed a dollar since 2009. The group is funded by donations from third parties instead.
One of the group’s suspect payments was a $100,000 donation to a veterans’ charity in 2007 as part of a legal settlement with the city of Palm Beach, Florida.
Mr Trump had sued the city after it fined him $120,000, or $1250 per day, for erecting an 80-foot (24-metre) flagpole at his Mar-a-Lago Club that exceeded the maximum 42 feet permitted by local regulations.
The Trump Foundation also made transactions that appeared to be exclusively for the benefit of the real estate mogul or his businesses, apparently in violation of regulations governing charities.
In one case, the charity paid $20,000 in 2007 for a 6-foot portrait of Mr Trump,.
“Clearly the Trump Foundation is as much a charitable organisation as Trump University is an institute of higher education,” said Christina Reynolds, a spokesperson for the campaign of Mr Trump’s White House rival, Democrat Hillary Clinton.
“Once again, Trump has proven himself a fraud who believes the rules don’t apply to him,” she said.
“It’s past time for him to release his tax returns to show whether his tax issues extend to his own personal finances.” –
Republican presidential nominee Donald Trump speaks at a rally at Duplin County Events Centre in Kenansville, North Carolina, on September 20.