RandomGuy
02-12-2018, 03:37 PM
Almost one year after President Donald Trump took the oath of office, millions of dollars from his leftover inauguration funds have still not been donated to the charities they were promised to.
Trump's inauguration committee raised a record-breaking $107 million as his administration prepared to assume the White House last year, but very little has been disclosed about where the remaining money was allocated. As the one-year anniversary of Trump's inauguration approaches, a government watchdog group is questioning why the funds disappeared, and a congressman is proposing legislation to keep future administrations from obscuring their own inaugural donations.
During Trump's transition period, the organizing committee led by billionaire investor Thomas Barrack doubled the funds raised by any previous U.S. president. The money raised eyebrows among political operatives because there was nothing about the celebration that indicated it would exceed a more traditional price tag, according to Public Citizen, a liberal-leaning consumer rights advocacy group.
...
After funding Trump's celebration, the inaugural committee said it was evaluating charities that would receive the remaining money. In late September, the committee announced that it had donated $3 million to multiple groups involved in hurricane relief efforts in the Gulf Coast, Florida and the Caribbean. An undetermined amount of funds were allocated to redecorating the White House and Vice President Mike Pence's home in Washington, rather than charitable efforts.
Barrack, chairman of the inaugural committee, said details about the committee’s donations to charity would be released in November. Yet the deadline passed without further financial information being disclosed. A spokesman for Barrack declined to comment on the report's delay or allegations that the committee mismanaged funds under his leadership.
http://www.newsweek.com/trump-inauguration-money-still-missing-783934
Trump's inauguration committee raised a record-breaking $107 million as his administration prepared to assume the White House last year, but very little has been disclosed about where the remaining money was allocated. As the one-year anniversary of Trump's inauguration approaches, a government watchdog group is questioning why the funds disappeared, and a congressman is proposing legislation to keep future administrations from obscuring their own inaugural donations.
During Trump's transition period, the organizing committee led by billionaire investor Thomas Barrack doubled the funds raised by any previous U.S. president. The money raised eyebrows among political operatives because there was nothing about the celebration that indicated it would exceed a more traditional price tag, according to Public Citizen, a liberal-leaning consumer rights advocacy group.
...
After funding Trump's celebration, the inaugural committee said it was evaluating charities that would receive the remaining money. In late September, the committee announced that it had donated $3 million to multiple groups involved in hurricane relief efforts in the Gulf Coast, Florida and the Caribbean. An undetermined amount of funds were allocated to redecorating the White House and Vice President Mike Pence's home in Washington, rather than charitable efforts.
Barrack, chairman of the inaugural committee, said details about the committee’s donations to charity would be released in November. Yet the deadline passed without further financial information being disclosed. A spokesman for Barrack declined to comment on the report's delay or allegations that the committee mismanaged funds under his leadership.
http://www.newsweek.com/trump-inauguration-money-still-missing-783934