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Trump Foundation lacks the certification required for charities that solicit money
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| Parent(s) |
Candidate
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| Contributor | RP |
| Last Edited | RP Sep 30, 2016 07:23am |
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| Category | Investigation |
| Author | David A. Fahrenthold |
| News Date | Friday, September 30, 2016 01:25:00 AM UTC0:0 |
| Description | 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 a 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 that his foundation has already raised. |
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