Report: The Trumps allegedly funneled thousands in kids' cancer charity donations into the Trump Organization
Business Insider
ELIZA RELMAN
Jun 7th 2017 11:39AM
"The Eric Trump Foundation apparently paid President Donald Trump's businesses $1.2 million between 2007 and 2015 for expenses related to the foundation's annual charity event at the Trump National Golf Club in Westchester County, New York, according to a new Forbes report.
Eric Trump told Forbes that the Trump Organization, which he now runs with his older brother, allowed his non-profit foundation to use the golf course for free and covered most expenses for the golf tournament.
But IRS filings apparently indicate otherwise.
According to Forbes' research, the Trump National Golf Club charged the Eric Trump Foundation tens — and later hundreds — of thousands of dollars each year for the one-day event, while donors were led to believe that a much bigger chunk of their money would go directly to the fundraiser's chosen cause, children's cancer research.
According to sources involved in the event, while the Trump Organization initially covered the expenses, it was Donald Trump himself who ordered his for-profit organization to begin charging his son's foundation for the event.
Business Insider
ELIZA RELMAN
Jun 7th 2017 11:39AM
"The Eric Trump Foundation apparently paid President Donald Trump's businesses $1.2 million between 2007 and 2015 for expenses related to the foundation's annual charity event at the Trump National Golf Club in Westchester County, New York, according to a new Forbes report.
Eric Trump told Forbes that the Trump Organization, which he now runs with his older brother, allowed his non-profit foundation to use the golf course for free and covered most expenses for the golf tournament.
But IRS filings apparently indicate otherwise.
According to Forbes' research, the Trump National Golf Club charged the Eric Trump Foundation tens — and later hundreds — of thousands of dollars each year for the one-day event, while donors were led to believe that a much bigger chunk of their money would go directly to the fundraiser's chosen cause, children's cancer research.
According to sources involved in the event, while the Trump Organization initially covered the expenses, it was Donald Trump himself who ordered his for-profit organization to begin charging his son's foundation for the event.
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