Posted on 12/18/2018 8:03:07 AM PST by GIdget2004
Today, Attorney General Barbara D. Underwood announced that – following a court decision in favor of the Attorney General – the Trump Foundation has signed a stipulation agreeing to dissolve under judicial supervision, with review and approval by the Attorney General of proposed recipient charities of the Foundation’s remaining assets.
This stipulation follows the court decision last month allowing Attorney General Underwood’s lawsuit against the Trump Foundation to move forward.
Attorney General Underwood’s lawsuit sought the dissolution of the Foundation under judicial supervision and with the oversight of the Attorney General's Charities Bureau. The lawsuit – which also seeks millions in restitution and penalties and a bar on President Trump and his three eldest children from serving on the boards of other New York charities – remains ongoing.
(Excerpt) Read more at ag.ny.gov ...
Meanwhile, Eric Trump has raised a boatload of money....his own and other people’s....for the St. Jude’s Childrens Hospital.
What about the Clintooon foundation? That’s a CRIME foundation.
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what about the mccain institute foundation?
what about the bern’s foundation?
what about the soros foundations?
“”review and approval by the Attorney General of proposed recipient charities of the Foundation’s remaining assets. “”
Gee - let’s take a guess at what those recipient charities are going to be!! Will we ever be told? This makes me want to cry as it’s so unfair and so unnecessary. Every decadent demon-rat agenda out there will receive those funds and none will go to any of the charities Trump or his kids supported.
I hope we hear from the charities whose funds will be cut off!
They make it so easy to despise them.
Because they want to destroy the family.
Because they were board members of the Trump Foundation. I think Donald and Eric have their own charitable organizations which are separate from the Trump Foundation. I don't know how this impacts them.
Reading this statement and the blood is shooting out of my ears. When is this effing cow going to charge the Clinton Clan with the same and MORE?! Clintons are a true crime syndicate - we all know it. To keep abusing Trump in this manner is just to hurt us on the Right and make us nuts. Today, it’s working. I can’t say what else I’m thinking or else I’ll get banned from here. But I KNOW lots of others are having the same thoughts. Please, God, make it happen.
Attorney General Underwood released the following statement:
“Our petition detailed a shocking pattern of illegality involving the Trump Foundation – including unlawful coordination with the Trump presidential campaign, repeated and willful self-dealing, and much more. This amounted to the Trump Foundation functioning as little more than a checkbook to serve Mr. Trump’s business and political interests.
“Today’s stipulation accomplishes a key piece of the relief sought in our lawsuit earlier this year. Under the terms, the Trump Foundation can only dissolve under judicial supervision – and it can only distribute its remaining charitable assets to reputable organizations approved by my office.
“This is an important victory for the rule of law, making clear that there is one set of rules for everyone. We’ll continue to move our suit forward to ensure that the Trump Foundation and its directors are held to account for their clear and repeated violations of state and federal law.”
Okay, let us see if they now take on every family-based charity with same level of intense scrutiny. I’d be very happy if they did so—Clintons are obvious but there are so, so many others.
If the judge decides the disposition of funds, it will go to Planned Parenthood and ultimately Democrat coffers. Then the Trump Foundation donated to X ads will begin.
I thought this was already being shut down......it was the state of NY AG that would NOT allow it since they were investigating the organization...if it was shut down they could not investigate.......so this reporting seems like a media spin to make it look like something bad that it is not
This was all 100% Trump money.
NY punishing them for giving their own money away.
Guys pay attention, no crimes here, only illegal persecution!
No it wasn't. Trump contributed about a third of the money the foundation took in, and his last donation was in 2005. The rest was solicited from others, many of whom were doing and wanting to do business with him. One of the many problems was that the foundation was not licensed to take outside donations.
Well, except for the two-thirds that wasn't, like the $5 million Vince McMahon donated.
The sad part is that the Trump Foundation often paid out more than it took in. I guess those people who were helped are not nearly as important than some NY AG scoring minor political points.
And the Clinton Foundation continues on and on today. What can you do when the Mafia took over the Democratic Party. Started under John F Kennedy and full sell out under Bill Clinton.
What about the Clinton foundation / charity?
Nothing but stolen money and bribe money.
Ok, maybe so, but it’s not pay for play money for access, vis-a-vis, a certain other foundation.
Apparently the kids were running it, but neither the kids nor the treasurer had ever convened a Board meeting. Apparently some money was give by non Trump people. Questioned payments included over $200,000 to repair a park fountain very near Trump Towers, and $7 to pay a Boy Scout fee the year Jr. was 11.
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