PDA

View Full Version : Trump used $258,000 from his charity to settle legal problems



RandomGuy
09-23-2016, 11:53 AM
Nothing like using other people's money to make your problems go away.

I can see Trump thinking "thanks for the donations, suckers."

---------------------------------------------------------------------------------------

Donald Trump spent more than a quarter-million dollars from his charitable foundation to settle lawsuits that involved the billionaire’s for-profit businesses, according to interviews and a review of legal documents.

Those cases, which together used $258,000 from Trump’s charity, were among four newly documented expenditures in which Trump may have violated laws against “self-dealing” — which prohibit nonprofit leaders from using charity money to benefit themselves or their businesses.

In one case, from 2007, Trump’s Mar-a-Lago Club faced $120,000 in unpaid fines from the town of Palm Beach, Fla., resulting from a dispute over the height of a flagpole.

In a settlement, Palm Beach agreed to waive those fines — if Trump’s club made a $100,000 donation to a specific charity for veterans. Instead, Trump sent a check from the Donald J. Trump Foundation, a charity funded almost entirely by other people’s money, according to tax records.

https://img.washingtonpost.com/rf/image_1484w/2010-2019/WashingtonPost/2016/09/20/National-Politics/Images/image002_c.jpg
The check to charity from the Trump Foundation.

In another case, court papers say one of Trump’s golf courses in New York agreed to settle a lawsuit by making a donation to the plaintiff’s chosen charity. A $158,000 donation was made by the Trump Foundation, according to tax records.
https://www.washingtonpost.com/politics/trump-used-258000-from-his-charity-to-settle-legal-problems/2016/09/20/adc88f9c-7d11-11e6-ac8e-cf8e0dd91dc7_story.html

clambake
09-23-2016, 11:58 AM
omg he cut the check on 9/11

DarrinS
09-23-2016, 11:58 AM
Damn, that's enough for one Hillary speech to Goldman Sachs.

RandomGuy
09-23-2016, 11:59 AM
Damn, that's enough for one Hillary speech to Goldman Sachs.


Several tax experts said that the two cases* appeared to be clear examples of self-dealing, as defined by the tax code.

The Trump Foundation had made a donation, it seemed, so that a Trump business did not have to.

RandomGuy
09-23-2016, 12:01 PM
omg he cut the check on 9/11

https://cdn.meme.am/instances/54405547.jpg

I'm sure he said to "pull it" out of his charity account. Probably meant to pay off the people who demolished building 7.

RandomGuy
09-23-2016, 12:04 PM
Here is a quick guide to the specific law that Trump appears to have broken.

https://www.irs.gov/irm/part7/irm_07-027-015.html

7.27.15.1.2 (04-26-1999)
Statute

the transfer or use of the foundation’s income or assets by or for the benefit of a disqualified person; and

Reasonably sure that is the part.


The term "disqualified person" as defined in IRC 4946 for purposes of IRC 4941 means:

A substantial contributor to the foundation (as defined in IRC 507(d)(2));

A foundation manager;

An owner of more than 20 percent of the voting power of a corporation, or of the profits interest of a partnership or unincorporated enterprise, which is a substantial contributor to the foundation;

Certain members of the family of any individual described in a., b. or c. above;

Sportcamper
09-23-2016, 12:07 PM
http://www.sinkers.org/posters/strongertogether/strongertogether600w.jpg

101A
09-23-2016, 12:56 PM
Nothing like using other people's money to make your problems go away.

I can see Trump thinking "thanks for the donations, suckers."

---------------------------------------------------------------------------------------

Donald Trump spent more than a quarter-million dollars from his charitable foundation to settle lawsuits that involved the billionaire’s for-profit businesses, according to interviews and a review of legal documents.

Those cases, which together used $258,000 from Trump’s charity, were among four newly documented expenditures in which Trump may have violated laws against “self-dealing” — which prohibit nonprofit leaders from using charity money to benefit themselves or their businesses.

In one case, from 2007, Trump’s Mar-a-Lago Club faced $120,000 in unpaid fines from the town of Palm Beach, Fla., resulting from a dispute over the height of a flagpole.

In a settlement, Palm Beach agreed to waive those fines — if Trump’s club made a $100,000 donation to a specific charity for veterans. Instead, Trump sent a check from the Donald J. Trump Foundation, a charity funded almost entirely by other people’s money, according to tax records.

https://img.washingtonpost.com/rf/image_1484w/2010-2019/WashingtonPost/2016/09/20/National-Politics/Images/image002_c.jpg
The check to charity from the Trump Foundation.

In another case, court papers say one of Trump’s golf courses in New York agreed to settle a lawsuit by making a donation to the plaintiff’s chosen charity. A $158,000 donation was made by the Trump Foundation, according to tax records.
https://www.washingtonpost.com/politics/trump-used-258000-from-his-charity-to-settle-legal-problems/2016/09/20/adc88f9c-7d11-11e6-ac8e-cf8e0dd91dc7_story.html

His foundation for sending money to charities wrote a check to a charity?

Scandalous.

This is exactly as bad as donating to the Clinton Foundation getting you access to the Secretary of State. Maybe worse.

Go cash your DNC check, and bring better game than this.

vy65
09-23-2016, 01:12 PM
Here is a quick guide to the specific law that Trump appears to have broken.

https://www.irs.gov/irm/part7/irm_07-027-015.html

7.27.15.1.2 (04-26-1999)
Statute


Reasonably sure that is the part.

From what you posted, the transfers made by the Trump Foundation were sent to other charities. It looks like the Donald was a "third party beneficiary" of sorts of those transfers. However, the charity-to-charity transfer does not seem to fall within the scope of the tax code snippets you posted. I also wonder whether these taxing provisions necessarily make the transfers illegal (as opposed to taxable), but I'm no tax attorney. That said, do you have any authority that prohibits (or even taxes) a charity-to-charity transfer made for the purpose of settling claims that do not involve either charity? What you posted doesn't seem to get there.

vy65
09-23-2016, 01:12 PM
Also, what's the point of this thread? I don't think anyone, aside from Hater, actually supports or likes the Donald. I don't think we need a reminder that the guy is a total piece of shit.

vy65
09-23-2016, 01:21 PM
His foundation for sending money to charities wrote a check to a charity?

Scandalous.

This is exactly as bad as donating to the Clinton Foundation getting you access to the Secretary of State. Maybe worse.

Go cash your DNC check, and bring better game than this.

IRC 4941 imposes an excise tax on any direct or indirect act of self-dealing between a private foundation and a disqualified person. Self-dealing transactions described under IRC 4941(d) are:

InRareForm
09-23-2016, 01:26 PM
scumbag

TheGreatYacht
09-23-2016, 01:29 PM
What a faggot. He's lucky his supporters can't read that number without saying it out loud

101A
09-23-2016, 01:47 PM
IRC 4941 imposes an excise tax on any direct or indirect act of self-dealing between a private foundation and a disqualified person. Self-dealing transactions described under IRC 4941(d) are:

OK Fine. If/when the government brings charges against Trump for this, we'll all get upset and outraged. Why should we hold him to a different standard than Hillary. Lots of people have posted why what she did with her emails was illegal, but the FBI says "No". If there's nothing to see there, there's nothing to see here.

They both suck. They are both dirty. This amounts to a quarter of million dollars. Dude is (allegedly) a BILLIONAIRE!! Of ALL the things to condemn Trump for, this is about the weakest.

vy65
09-23-2016, 01:59 PM
OK Fine. If/when the government brings charges against Trump for this, we'll all get upset and outraged. Why should we hold him to a different standard than Hillary. Lots of people have posted why what she did with her emails was illegal, but the FBI says "No". If there's nothing to see there, there's nothing to see here.

They both suck. They are both dirty. This amounts to a quarter of million dollars. Dude is (allegedly) a BILLIONAIRE!! Of ALL the things to condemn Trump for, this is about the weakest.

That quote supported your take that charity-to-charity transfers aren't penalized.

FromWayDowntown
09-23-2016, 02:06 PM
I don't think anyone, aside from Hater, actually supports or likes the Donald.

ducks would be incredibly offended about this, if he could spell offended.

ducks
09-23-2016, 02:06 PM
Clinton broke the law several times on classified email she sent
law said do not delete email she did
Clinton is by far more of a criminal then trump

101A
09-23-2016, 02:16 PM
That quote supported your take that charity-to-charity transfers aren't penalized.

Is that what I said? I said something more akin to "Who Cares"? I didn't say it couldn't be penalized. I, however, suspect it won't be, will it? So am I right, or are you? Was this illegal? Was Hillary with the email? Probably "Yes" and "Yes". However, neither will be charged with anything. So, again, "Who Cares". If he sold babies fed a diet of boiled kittens to fund a dog fighting business, you might get people's interest. But his foundation giving checks to charities, for whatever reason, doesn't exactly rile the cockles.

vy65
09-23-2016, 02:19 PM
ducks would be incredibly offended about this, if he could spell offended.

Touché

vy65
09-23-2016, 02:20 PM
Is that what I said? I said something more akin to "Who Cares"? I didn't say it couldn't be penalized. I, however, suspect it won't be, will it? So am I right, or are you? Was this illegal? Was Hillary with the email? Probably "Yes" and "Yes". However, neither will be charged with anything. So, again, "Who Cares". If he sold babies fed a diet of boiled kittens to fund a dog fighting business, you might get people's interest. But his foundation giving checks to charities, for whatever reason, doesn't exactly rile the cockles.

Bro, I'm agreeing with you.

101A
09-23-2016, 02:23 PM
Bro, I'm agreeing with you.

I actually figured that out after I typed that. Just a little salty today.

RandomGuy
09-23-2016, 02:34 PM
His foundation for sending money to charities wrote a check to a charity?

Scandalous.

This is exactly as bad as donating to the Clinton Foundation getting you access to the Secretary of State. Maybe worse.

Go cash your DNC check, and bring better game than this.

Tempest in a teacup. The person responsible for cutting the check was sloppy.

Fun to post the headline though.

RandomGuy
09-23-2016, 02:38 PM
From what you posted, the transfers made by the Trump Foundation were sent to other charities. It looks like the Donald was a "third party beneficiary" of sorts of those transfers. However, the charity-to-charity transfer does not seem to fall within the scope of the tax code snippets you posted. I also wonder whether these taxing provisions necessarily make the transfers illegal (as opposed to taxable), but I'm no tax attorney. That said, do you have any authority that prohibits (or even taxes) a charity-to-charity transfer made for the purpose of settling claims that do not involve either charity? What you posted doesn't seem to get there.

The donation was required as part of a legal settlement. Read the article.
Palm Beach agreed to waive those fines — if Trump’s club made a $100,000 donation to a specific charity for veterans.
His charity was not established for the purpose of paying Donald Trump's legal responsibilities. The donation was in lieu of a fine, which would not be the legal responsibility of the charity.

You have to actually read the whole thing to get into the meat of it, not just what I posted, which was just the most relevant bits.

RandomGuy
09-23-2016, 02:41 PM
Clinton broke the law several times

Not according to the FBI.

All those investigations driven by partisan politics produced what exactly in terms of convictions?

RandomGuy
09-23-2016, 02:43 PM
OK Fine. If/when the government brings charges against Trump for this, we'll all get upset and outraged. Why should we hold him to a different standard than Hillary. Lots of people have posted why what she did with her emails was illegal, but the FBI says "No". If there's nothing to see there, there's nothing to see here.

They both suck. They are both dirty. This amounts to a quarter of million dollars. Dude is (allegedly) a BILLIONAIRE!! Of ALL the things to condemn Trump for, this is about the weakest.

Pretty much agree. As noted, fun to tweak people like ducks and hater though.

What we should be talking about is Trumps inability to grasp that the President shouldn't be giving orders that make the soldiers he is responsible for into war criminals.

"take their oil"

"kill their families".

That is much more important, IMO.

RandomGuy
09-23-2016, 02:43 PM
ducks would be incredibly offended about this, if he could spell offended.

:lol
swish

From way down town... three pointer.

RandomGuy
09-23-2016, 02:45 PM
I'm no tax attorney.



Several tax experts said that the two cases* appeared to be clear examples of self-dealing, as defined by the tax code.

The Trump Foundation had made a donation, it seemed, so that a Trump business did not have to.

ducks
09-23-2016, 02:48 PM
Not according to the FBI.

All those investigations driven by partisan politics produced what exactly in terms of convictions?
Obama is commiting crimes and tell them not to induct her
he cares about his legacy and hates trump because of the birther issue.

if anyone else was in office she would be indicted!
80% said she should be indicted! even democrats think she broke the law

ElNono
09-23-2016, 04:41 PM
check picture says void though, probably fake...

spurraider21
09-23-2016, 05:37 PM
Not according to the FBI.

All those investigations driven by partisan politics produced what exactly in terms of convictions?
according to which prosecuting body did trump break a law?

RandomGuy
09-23-2016, 05:42 PM
according to which prosecuting body did trump break a law?

I would guess the IRS will handle that.

There are usually specialized courts that deal with it.

LOL answering a question with another question when you can't fucking answer it honestly :downspin:

DarrinS
09-23-2016, 05:47 PM
There are lots of other issues with Trump. But his foundation is small potatoes, tbh.

spurraider21
09-23-2016, 05:56 PM
I would guess the IRS will handle that.

There are usually specialized courts that deal with it.

LOL answering a question with another question when you can't fucking answer it honestly :downspin:
forgive me. what is the question you wanted answered honestly?

i think we're all well aware clinton wasn't found guilty... or even indicted. if anything it was a rhetorical question

ducks
09-23-2016, 07:10 PM
according to which prosecuting body did trump break a law?

boutons_deux
09-23-2016, 08:29 PM
There are lots of other issues with Trump. But his foundation is small potatoes, tbh.

self-dealing with your non=profit to pay business expenses, is fucking with the IRS, not small potatoes.

Winehole23
09-24-2016, 01:01 AM
Damn, that's enough for one Hillary speech to Goldman Sachs.you cool with this Darrin?

Is that what charities are for?

Self dealing?

Winehole23
09-24-2016, 01:03 AM
There are lots of other issues with Trump.Oh like what?

TheGreatYacht
09-24-2016, 09:23 AM
you cool with this Darrin?

Is that what charities are for?

Self dealing?
Of course he is. Closet trump supporter after all

DarrinS
09-24-2016, 09:46 AM
you cool with this Darrin?

Is that what charities are for?

Self dealing?


No, I don't think it's ok, but it's an area Hillary would be wise to avaoid, for obvious reasons.

FuzzyLumpkins
09-24-2016, 10:11 AM
No, I don't think it's ok, but it's an area Hillary would be wise to avaoid, for obvious reasons.

Ahh yes moral relativism which as Orwell said basically boils down to "half a loaf is equal to no bread at all."

Winehole23
09-24-2016, 10:21 AM
There are lots of other issues with Trump.like what, Darrin?

unless you've taken an oath to speak no ill of Republicans, please do share.

TeyshaBlue
09-24-2016, 12:29 PM
Really, about every third post on this forum spells out trumps many faults. It's not that hard to point them out.
To me, clueless recklessness is his guiding principle....which, of course, is no principle at all. It piques curiosity in a way a major catastrophe does.


That being said, I'm happy he pounded the GOP into irrelevance for this cycle.

Blake
09-30-2016, 03:58 PM
It gets better


The Trump Foundation, which is under investigation by the New York Attorney General's office, never obtained the necessary certification to solicit money from the public during its nearly 30-year existence, an investigation by the state's attorney general's office has found, a source briefed on the investigation tells ABC News.


https://gma.yahoo.com/trump-foundation-lacks-certification-operate-charity-source-033707825--abc-news-topstories.html

Spurtacular
10-14-2018, 07:55 AM
It gets better




https://gma.yahoo.com/trump-foundation-lacks-certification-operate-charity-source-033707825--abc-news-topstories.html

:lol Tell us what certifications that the Clinton Foundation bypassed, cuck.

boutons_deux
10-14-2018, 09:31 AM
:lol Tell us what certifications that the Clinton Foundation bypassed, cuck.

you must know them, so list all the verified crimes of the Clinton Foundation, and why the Clinton Foundation is still operating?

Repugs, Fox and Alex Jones are good sources

Pavlov
10-14-2018, 12:16 PM
:lol Tell us what certifications that the Clinton Foundation bypassed, cuck.
:lol this is how you satisfy your compulsion to cry out for men without the mention function.

boutons_deux
10-14-2018, 12:19 PM
That being said, I'm happy he pounded the GOP into irrelevance for this cycle.

... we'll see.

The oligarchy's $100Ms will certainly have its input.

and usually who spends the most while going the most negative, dirty, slanderous, wins.

Spurtacular
10-14-2018, 03:00 PM
:lol this is how you satisfy your compulsion to cry out for men without the mention function.

:lol This is how you try to cope with all your L's.