09-29-2016, 08:29 PM
|
#282
|
|
Franchise Player
Join Date: Apr 2012
Location: Maryland State House, Annapolis
|
I think what amazes me about this enitre story, other than the amazing reporting, is how flagrant Trump is. His son is smart enough to register, but he isn't? The Bondi thing, the paintings. His ego is so out of control it blinds him to basic logic it seems
Quote:
Donald Trump’s charitable foundation — which has been sustained for years by donors outside the Trump family — has never obtained the certification that New York requires before charities can solicit money from the public, according to the state attorney general’s office.
Under the laws in New York, where the Donald J. Trump Foundation is based, any charity that solicits more than $25,000 a year from the public must obtain a special kind of registration beforehand. Charities as large as Trump’s must also submit to a rigorous annual audit that asks — among other things — whether the charity spent any money for the personal benefit of its officers.
If New York Attorney General Eric Schneiderman (D) finds that Trump’s foundation raised money in violation of the law, he could order the charity to stop raising money immediately. With a court’s permission, Schneiderman could also force Trump to return money that his foundation has already raised.
The Trump campaign did not respond to a request for comment Thursday.
|
Quote:
Experts on charity law said they were surprised that Trump’s foundation — given its connections to a wealthy man and his complex corporation — did not register to solicit funds.
“He’s a billionaire who acts like a thousandaire,” said James J. Fishman, a professor at Pace University’s law school in White Plains, N.Y. He said Trump’s foundation seemed to have made errors, including the lack of proper registration, that were more common among very small family foundations.
“You wouldn’t expect somebody who’s supposed to be sophisticated, and brags about his business prowess, would run his foundation like this,” Fishman said.
|
Quote:
Trump’s son Eric has his own foundation, also headquartered in New York, which raises money from the public through an annual golf tournament.
Unlike his father’s charity, however, the Eric Trump Foundation has registered to solicit funds in the state and files an annual audit report. The two Trump foundations share an accountant, Donald Bender of the firm WeiserMazars. A spokeswoman for the firm declined to comment on Thursday.
|
https://www.washingtonpost.com/polit...ss_tw#comments
__________________
"Think I'm gonna be the scapegoat for the whole damn machine? Sheeee......."
|
|
|