Trump admits misusing Foundation for business/politics; $2M penalty, mandatory trainingtimeline_event

institutional-capturecorruptionself-dealingnonprofit-fraudminimal-accountability
2019-11-07 · 1 min read · Edit on Pyrite

type: timeline_event

Manhattan Supreme Court ordered President Trump to pay $2 million in damages for admitting he used Trump Foundation charitable assets for business and political purposes. Judge Saliann Scarpulla ruled that $2.8 million raised by the Foundation was "used for Mr. Trump's political campaign and disbursed by Mr. Trump's campaign staff, rather than by the Foundation" itself. The court ordered Foundation's remaining $1.75 million distributed to approved charities and required Donald Jr., Ivanka, and Eric Trump to complete mandatory training on nonprofit officer duties "so that they cannot allow the illegal activity they oversaw at the Trump Foundation to take place again." The Foundation had agreed to dissolve under judicial supervision in December 2018. The minimal $2M penalty for systematic charity fraud spanning a decade - while Trump simultaneously served as President - demonstrates how wealthy political figures face token accountability for nonprofit abuse that would trigger criminal prosecution for ordinary citizens. The court-ordered "training" framed systematic self-dealing as ignorance rather than intentional fraud.