zenosanalytic reblogged
- Eric Trump’s signature charitable foundation has been funneling huge amounts of cash intended to benefit children with cancer into the for-profit Trump Organization, potentially violating federal and state laws on taxesand charitable foundations, Forbes reported Tuesday.
- Eric Trump, who is now co-head of the Trump Organization with his older brother Donald Jr. has run the Eric Trump Foundation for years.
- The organization’s signature event, an annual golf invitational, has provided the “vast majority” of the more than $11 million it has raised.
- According to Forbes, filings show Eric Trump’s foundation eventually paid out more than $1.2 million to the Trump Organization for use of the courses; golf charity experts told the site that “the listed expenses defy any reasonable cost justification for a one-day golf tournament.” Read more (6/6/17)
rosenagldky
No one is surprised by this, this is like reporting that the sky was in fact blue as opposed to green on a clear day
Source: bit.ly