Donald Trump Uses Charity Money To Fund His Businesses

Submitted by: normalfreak2 1 year ago in News & Politics


In this Forbes piece, Eric Trump is the hero. He's donated  $15 million-plus to St Judes. Once Donnie realized St. Jude wasn't paying anything to use their properties for charity he made sure that wouldn't happen again.

An excerpt from the article...

The real star of the day is Eric Trump, the president's second son and now the co-head of the Trump Organization, who has hosted this event for ten years on behalf of the St. Jude Children's Research Hospital in Memphis. He's done a ton of good: To date, he's directed more than $11 million there, the vast majority of it via this annual golf event. He has also helped raise another $5 million through events with other organizations.

The best part about all this, according to Eric Trump, is the charity's efficiency: Because he can get his family's golf course for free and have most of the other costs donated, virtually all the money contributed will go toward helping kids with cancer. "We get to use our assets 100% free of charge," Trump tells Forbes.



There are 37 comments:
Male 7,224
he is a crook, what do you humans expect?

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Male 9,191
I don't care if he states he's worth 10 billion he's a old miser, there's no reason why he shouldn't have simply written off the time spent by the Charity as tax exemption.  The only reason you wouldn't do that is because you aren't as rich as you say you are, or his business is literally built on OPM  (Other peoples money).  He's a person that has NEVER cared one iota for anyone other than Donald J Trump yet convinced tens of millions he's fighting for "them".  The biggest flim flam ever pulled on a people.
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Male 42,934
normalfreak2 Says a Trump Foundation supporter... biggest flim-flam my ass.
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Male 9,191
5cats If you support the Trump Foundation, your funds have been used to buy auctioned material for his own use, pay for renting out his properties for charities, etc.  The money isn't going to "charity" unless that charity has the word "Trump" in it.  This is worse than ANYTHING the Clinton Foundation has been "allegedly" accused of.
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Male 699
Money for children with cancer. If you're gonna lie and steal.....
Trump supporters are stupid. And Trump proves it every day. 
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Male 1
The genuine star of the day is Eric Trump, the president's second child and now the co-leader of the Trump Organization, who has facilitated this occasion for a long time for the St. Jude Children's Research Hospital in Memphis.
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Male 699
broudpeterpeter Everything about that quote is funny.

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Male 9,736
And I hear he demands two scoops of ice cream but cruely limits everyone else to one.

The sadistic bastard!!!
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Male 6,366
Maybe he rips off enough charities, he can afford to build that wall of his.

Still charging the US for the right to USE his wall of course.
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Male 2,213
This is almost reaching Clinton levels. Im close to being concerned.
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Male 2,213
For tax purposes, who should be treated as the recipient? Bill and Hillary 'assigned' boatloads of speech fees to the Clinton Foundation. Mrs. Clinton's financial disclosure forms show that she reported personal income of more than $11 million for 51 speeches in 13 months. The disclosure says Mr. and Mrs. Clinton earned large speech fees. The list shows Bill, Hillary and Chelsea Clinton turning over between $12 million and $26 million.

https://www.forbes.com/sites/robertwood/2016/09/27/if-trump-diverted-money-to-his-foundation-how-about-clinton-foundation/#5de58a789346

Please recall I am not a full on Trump supporter (maybe 50%-60%), I just dislike when either side is as hysterical as the majority of articles on this site tend to be. 
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Male 43,818
chicagojay Yes indeed you are RIGHT! The Clintons EARNED money.  Trump just steals charity funds.  Boy are those bread winners villains!  How could they think they'd get away with it and earn Income all their own!

We need more people in the White House stealing from charities!!!

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Male 699
Gerry1of1 It's called "Stupid". It spreads to Trump supporters like wildfire

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Male 43,818
zeegrr Technically, supporters of The Donald are called "Trumpanzees"
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Male 84
chicagojay -Oh, was this post about the Clintons or is your post just heavily deflective bullshit that the left spews every time they can't defend Trump with any argumentative facts? (looky over there, anywhere but here) smh
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Male 6,366
bil128 the left defend trump?  attack trump?  not sure there..

Or is trump now left lol.
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Male 84
daegog - jeez, that mistake of mine is so wrong that I'll just leave it un-edited for everyone to have a laugh on me
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Male 6,245
daegog Maybe he was just hoping that Trump left.
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Male 1,709
So.. where exactly does it say he's using money from a charity to fund his businesses?
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Male 9,191
squidbush He's taking money from the Trump foundation (money that  he didn't donate) and giving it to Erics Foundation which in turn uses it to pay for other events at other properties of his.  You know  instead of simply writing it off he goes and cheats the charities and charges them money to use his courses.  But remember this is fake news Forbes the Liberal  leaning economics paper..... /sarcasm

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Male 699
normalfreak2 Are you really bothering to tell Trump supporters the truth?
No, they are not able to process the truth. That's why they're Trump supporters. Like Christians and Muslims, to stupid to understand the truth.

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Male 6,245
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Male 1,709
normalfreak2 You should have quoted that in the article. Forbes doesn't like my ad blocker so i couldn't read the rest.
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Male 9,191
squidbush There's a lot to quote.  I mean it's a long article with a lot of thorough research.  You should read it with IE or turn the adblock off for that site.
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Male 9,191
normalfreak2 This is the definition of a slush fund.  Really the only reason he did this is because Eric Trump was getting all the credit, Trump doesn't like to be shown up.  
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Male 42,934
normalfreak2 This is not a 'slush fund' your inability to understand English is just appalling...
https://www.merriam-webster.com/dictionary/slush%20fund

Yes, this does sound fishy, and if it is illegal then steps should be taken. Yes.

However, given the continued lies and misrepresentations from the DNC's propaganda arm, the MSM? It could turn out to be absolutely normal and legal, that hundreds of others do it. But when Trump or any Repub does it? Then it's a scandal!
Weren't you the one claiming Trump was so far in debt to Russian bankers? This looks like more bullshit along those lines... normal business practices that are taken out of context with the intention of defamation.
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123
5cats Go fuck yourself you ruddy cunt.
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Male 42,934
@_chamberlain Thank you little sock puppet! Every time you squeal and cry? It proves that I am absolutely, 100% correct!
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Male 9,191
5cats  an unregulated fund often used for illicit purposes


That's about it.  Money that he was given for charity being repurposed to buy stuff from himself.  It's misleading, it has to be illegal....of course if the accusations are true and by the research done in this article i'm siding with the information presented.
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Male 42,934
normalfreak2 Fund? What fund? The charity is unregulated now, or is entirely illicit? Is that what you are claiming? Even though your own post says it is both legitimate and does tons of valid work? 

It cannot be both things at once. Not even using Liberal Logic ok?

So you are incorrect in your use of the term, or your post is a lie. Take your pick.

It may be a 'slush fund' but not based on what has been shown here, nope. This is pretty trivial, all things considered.
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