On Thursday, a state judge ordered President Trump to pay $2 million in damages to nonprofit groups after he admitted to misusing money raised by the Donald J. Trump Foundation.
Here’s the statement released by New York Attorney General Letitia James’s office:
“The Trump Foundation has shut down, funds that were illegally misused are being restored, the president will be subject to ongoing supervision by my office, and the Trump children had to undergo compulsory training to ensure this type of illegal activity never takes place again. The court’s decision, together with the settlements we negotiated, are a major victory in our efforts to protect charitable assets and hold accountable those who would abuse charities for personal gain.”
President Trump’s children—Donald Trump, Jr., Ivanka Trump, and Eric Trump—were officers of the foundation.
NPR reports that the $2 million in damages will be distributed to several charities including the Army Emergency Relief, Children’s Aid Society, Citymeals-on-Wheels, Give an Hour, Martha’s Table, United Negro College Fund, United Way of National Capital Area, and U.S. Holocaust Memorial Museum.
The money included $2.8 million the Trump Foundation got from a fund-raiser for veterans in Iowa in January 2016. Trump admitted his charity gave his campaign complete control over that money.
Shocking, right? What’s more shocking is what the money was used for.
Trump admitted they used charity funds to:
- promote his presidential bid
- pay off business debts
- purchase a portrait of himself to display in one of his hotels.
The portrait of Trump was bought by the charity for $10,000 and it allegedly hangs in one of his Florida hotels.
As can be expected, Trump responded on Twitter;
STATEMENT FROM PRESIDENT DONALD J. TRUMP pic.twitter.com/EktztHfLk6
— Donald J. Trump (@realDonaldTrump) November 8, 2019
The ethics group that has been watching the Trump Foundation for many years calls the settlement “a fitting and poetic end to this scandal.”