Trump’s Scam Charity
We know how crooked the relationship between Secretary of State Clinton and the Clinton Foundation was. Now take a look at the gobsmacking fraudulence that is the Donald J. Trump Foundation. From the Washington Post:
The Donald J. Trump Foundation is not like other charities. An investigation of the foundation — including examinations of 17 years of tax filings and interviews with more than 200 individuals or groups listed as donors or beneficiaries — found that it collects and spends money in a very unusual manner.
For one thing, nearly all of its money comes from people other than Trump. In tax records, the last gift from Trump was in 2008. Since then, all of the donations have been other people’s money — an arrangement that experts say is almost unheard of for a family foundation.
Trump then takes that money and generally does with it as he pleases. In many cases, he passes it on to other charities, which often are under the impression that it is Trump’s own money.
In two cases, he has used money from his charity to buy himself a gift. In one of those cases — not previously reported — Trump spent $20,000 of money earmarked for charitable purposes to buy a six-foot-tall painting of himself.
Money from the Trump Foundation has also been used for political purposes, which is against the law. The Washington Post reported this month that Trump paid a penalty this year to the Internal Revenue Service for a 2013 donation in which the foundation gave $25,000 to a campaign group affiliated with Florida Attorney General Pamela Bondi (R).
About 10 years ago, the Trump Foundation underwent a major change — although it was invisible to those who received its gifts.
The checks still had Trump’s name on them.
Behind the scenes, he was transforming the foundation from a standard-issue rich person’s philanthropy into a charity that allowed a rich man to be philanthropic for free.
Experts on charity said they had rarely seen anything like it.
“Our common understanding of charity is you give something of yourself to help somebody else. It’s not something that you raise money from one side to spend it on the other,” said Leslie Lenkowsky, the former head of the Corporation for National and Community Service, and a professor studying philanthropy at Indiana University.
By that definition, was Trump engaging in charity?
No, Lenkowsky said.
“It’s a deal,” he said, an arrangement worked out for maximum benefit at minimum sacrifice.
Being generous with somebody else’s money. Maybe he is ready for government service after all.
Read the whole thing. The Trump Foundation is a scam, and a scam keeping in character with how Donald Trump runs his moneymaking schemes.
The American people are going to have to choose this fall between two extremely untrustworthy candidates. No matter which of these two wins, just think of him or her trying to unite the nation in a serious crisis. Can’t be done. I wouldn’t trust a thing either of them said.