Trump used $258,000 from his charity to settle legal problems

David A. Fahrenthold, Trump used $258,000 from his charity to settle legal problems. The Washington Post, 20 September 2016. The Washington Post’s David A. Fahrenthold explains the latest revelations about how Republican presidential nominee Donald Trump may have violated the IRS’s rules regarding charitable funds.

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How Donald Trump retooled his charity to spend other people’s money

David A. Fahrenthold, How Donald Trump retooled his charity to spend other people’s money. The Washington Post, 10 September 2016. “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.”

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