09-30-2016, 01:26 PM
Trump Foundation is Operating Illegally
http://www.dailykos.com/stories/2016/9/2...-Illegally
In addition to the potential self dealing and other possible violations that are being investigated by the NY AG, it has now come to light that the Trump Foundation doesn’t even hold the certification required by law to solicit donations.
Fahrenthold, who has reported extensively on the shady dealings of the Trump Foundation reports:
Trump Foundation lacks the certification required for charities that solicit money
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 per 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 his foundation has already raised.
For a Law & Order candidate, Trump certainly has little regard for the law.
http://www.dailykos.com/stories/2016/9/2...-Illegally
In addition to the potential self dealing and other possible violations that are being investigated by the NY AG, it has now come to light that the Trump Foundation doesn’t even hold the certification required by law to solicit donations.
Fahrenthold, who has reported extensively on the shady dealings of the Trump Foundation reports:
Trump Foundation lacks the certification required for charities that solicit money
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 per 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 his foundation has already raised.
For a Law & Order candidate, Trump certainly has little regard for the law.