Full Answer
Why does Eric Trump donate his family's golf course?
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.
Does Eric Trump’s Foundation give money to St Jude?
Forbes has reported that Eric Trump’s foundation gave donors the impression that all funds it raised at an annual golf event went to St. Jude, yet more than $500,000 went to other causes; and that at least four groups that received donations from Eric Trump’s foundation later paid for golf tournaments at Trump-owned courses.
What happened at the Eric Trump Golf Invitational in September?
LIKE AUTUMN LEAVES, sponsored Cadillacs, Ferraris and Maseratis descend on the Trump National Golf Club in Westchester County, New York, in September for the Eric Trump Foundation golf invitational.
How much of Trump’s golf tournaments money goes to charity?
More than $500,000 in donations raised from the tournaments was re-donated to other charities, many of which were connected to Trump family members or interests, according to Forbes. Four such groups held their own charity tournaments at Trump golf courses at later dates.
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How much money did the Trump Foundation give to the golf course?
The for-profit Trump Organization received payments from the not-for-profit Eric Trump Foundation for use of the golf course, part of the $1.2 million that has no documented receipts beyond the Trump Organization, according to Forbes.
Who donated $100,000 to the Eric Trump Foundation?
The nonprofit Donald J. Trump Foundation also donated $100,000 to the Eric Trump Foundation to cover tournament costs, money that was then redirected to Trump businesses, Forbes claims. According to Forbes, it was now-President Trump himself who demanded that the Eric Trump Foundation be charged for the use of the golf course.
How much did Eric Trump Foundation pay for golf tables?
In 2013 and 2014, the Eric Trump Foundation paid $15,000 for tables at a gala for the Little Baby Face Foundation, according to a spokesman for the latter foundation. Over the next three years, Little Baby Face spent an estimated $100,000 to hold golf outings on the Trump course.
What is Eric Trump's foundation?
Eric Trump set up his foundation as a public charity, a classification that allows it to raise most of its money from outside donors.
How much did Eric Trump raise in 2007?
In 2007, when he was 23, the first Eric Trump golf tournament took place, raising $220,000. A compelling sales pitch evolved--the free golf course and the donated goods and services assured donors that every penny possible went to charity.
How much money did the Eric Trump Foundation funnel?
Trump Foundation, which has come under previous scrutiny for self-dealing and advancing the interests of its namesake rather than those of charity, apparently used the Eric Trump Foundation to funnel $100,000 in donations into revenue for the Trump Organization.
Where is Eric Trump's vineyard?
Eric runs the family vineyard in Charlottesville, Virginia, about an hour down the road from where the event took place. "I have no idea what that is," says Eric Trump, referring to the payment. In 2012, the Eric Trump Foundation wrote a check for $25,000 to the George Rodrigue Foundation of the Arts.
Who is Donald Trump's nephew?
That same year, Donald Trump's nephew Fred Trump, whose son has cerebral palsy, hosted the inaugural Golf for Abilis fundraiser at the Trump National Westchester. Over the next five years, Abilis spent an estimated $240,000 hosting tournaments at the property.
Who painted Donald Trump's blue dog?
That same year, George Rodrigue, who had said that his famous "blue dog" paintings sometimes sold for about $25,000, created a portrait of Donald Trump for the auction at Eric's event. That portrait ended up hanging over the couch in Eric Trump's house, where he was photographed sitting beneath it two years later.
How much did Trump pay in 2019?
7, 2019: New York Attorney General Letitia James on Nov. 7, 2019, announced that the New York Supreme Court ordered President Donald J. Trump to pay $2 million in damages "for improperly using charitable assets to intervene in the 2016 presidential primaries and further his own political interests.".
Does the Trump settlement include self dealing?
The settlement includes a "total ban on any self-dealing," as the lawsuit had charged that Trump repeatedly used his foundation's money for his own personal, business, and political interests. The settlement, however, does not ban the Trump family from operating a charity in New York, as this original Facebook post claimed.
Why did Donald Trump's charitable foundation cease operations?
President Donald Trump’s namesake charitable foundation agreed to cease operations in late 2018 as part of an agreement with New York’s attorney general, who alleged that the nonprofit organization was improperly leveraged to further Trump’s business and political interests.
How much did Trump pay for the foundation?
A November court order resolved the lawsuit, and Trump ultimately paid a total of $2 million in damages to eight charities, which also received equal portions of the foundation’s remaining $1.8 million.
What is Donald Trump's foundation?
The Donald J. Trump Foundation was a New York-based tax-exempt private foundation formed in 1988 by Donald Trump and existed until its court-ordered and court-supervised dissolution in 2019. It was formed by Trump to receive his share of the royalties from his book Trump: The Art of the Deal, as well as donations from outsiders, to be applied to charitable causes. Trump served as its president until January 2017, three days after his inauguration as U.S. President. Trump's three adult children — Ivanka, Eric and Donald Jr. — all served on the board, which had not met after 1999. Trump stopped contributing to the foundation in 2008, but continued to solicit donations.
Who did Trump donate $100,000 to?
Trump paid $100,000 of Trump Foundation funds in 2012 to Reverend Franklin Graham 's Billy Graham Evangelical Association. NBC News has called Graham "an early ally" of Trump. "The more you listen to him, the more you say to yourself, 'You know, maybe the guy's right,'" Graham had told ABC News in 2011. In October 2016 Graham revealed to the Charlotte Observer that in 2012 he had instructed Trump to make the $100,000 donation, and that the money was used to pay for full-page ads urging voters to support candidates in the 2012 presidential election who supported "biblical values". The The Observer has suggested the timing and tone of the ads indicate they were placed in support of Mitt Romney 's campaign.
What is the Trump Foundation's responsibility?
The Trump Foundation is responsible by law for ensuring that any grant it makes to another private foundation is used strictly for charitable purposes. To fulfill this IRS "expenditure responsibility" the foundation is required to attach "full and detailed" reports describing the use of the grant money to its IRS 990 tax return for each year a grant to a private foundation is made. Trump Foundation tax returns show that it failed to do this for all twenty of the grants it made to private foundations during the period of 2005 through 2014. Such grants in this period, which total at least $488,500, could be subject to significant fines and penalties.
How much did Trump pay to the foundation?
Additionally, Trump was required to reimburse $11,525 to the foundation, which was added to $1,797,598.30 already in the foundation's bank account.
How many children did Donald Trump have?
Trump served as its president until January 2017, three days after his inauguration as U.S. President. Trump's three adult children — Ivanka, Eric and Donald Jr. — all served on the board, which had not met after 1999. Trump stopped contributing to the foundation in 2008, but continued to solicit donations.
How much did Norwegian Cruise Line donate to Melania Trump?
In 2005 Norwegian Cruise Line donated $100,000 in lieu of an appearance fee for Melania Trump. In 2006, People magazine donated $150,000 for an exclusive right to publish baby photos of Barron Trump. In 2011 Comedy Central donated $400,000 for Trump's appearance in a broadcast comedy roast of himself.
When did Donald Trump speak at the CPAC?
Trump was invited to speak at the American Conservative Union 's Conservative Political Action Conference ("CPAC") in 2013 after directing $50,000 of Trump Foundation money to the organization. Also in 2013, Trump was invited to speak to the Economic Club of Washington after the Trump Foundation made a grant there.
