Saturday, November 9, 2019

Trump Ordered to Pay $2 Million to Charities for Misuse of Foundation

https://www.nytimes.com/2019/11/07/nyregion/trump-charities-new-york.html
"The president admitted he had used funds raised by the Donald J. Trump Foundation to promote his campaign and pay business debts. A state judge ordered President Trump to pay $2 million in damages to nonprofit groups on Thursday after the president admitted misusing money raised by the Donald J. Trump Foundation to promote his presidential bid, pay off business debts and purchase a portrait of himself for one of his hotels. The damage award brought an end to a protracted legal battle over the foundation, whose giving patterns and management became a flash point during Mr. Trump’s run for office in 2016. New York’s attorney general had filed suit last year accusing Mr. Trump and his family of using the foundation as an extension of his businesses and his presidential campaign. The settlement, which was finalized last month and announced on Thursday in the judge’s order, included a detailed admission of misconduct that is rare for the president, who has long employed a scorched-earth approach toward fighting lawsuits. Among Mr. Trump’s admissions in court papers: The charity gave his campaign complete control over disbursing the $2.8 million that the foundation had raised at a fund-raiser for veterans in Iowa in January 2016, only days before the state’s presidential nominating caucuses. The fund-raiser, he acknowledged, was in fact a campaign event. The president also admitted to using the foundation to settle the legal obligations of companies he owned, including Mar-a-Lago, his private club in Florida, and the Trump National Golf Club in Westchester County, N.Y. And he acknowledged that the foundation purchased the $10,000 portrait of Mr. Trump, which was ultimately displayed at one of his Florida hotels."