View Full Version : Trump Foundation

21-05-2017, 11:49 AM
Oh, if only Andy Borowitz wasn't a satirist.


In sizable numbers, those polled “strongly agreed” with the statement, “Any American who travels to a Muslim country with the intention of selling them deadly weapons should not be allowed to return.”


Meanwhile, I'm sure that the $100 million donation the Saudis made is totally legit and above board. Of course, the Saudis don't want any of these funds to actually help the women in their own country.

On same weekend as record-breaking arms deal, Saudis announced $100 million donation to Ivanka fund

Coincidentally, the Saudis have also agreed to donate a whopping $100 million to the recently announced women's fund inspired by Jared Kushner’s wife, Ivanka Trump:

The World Bank plans to announce Sunday at an event with Ivanka Trump, the U.S. president’s daughter and senior White House adviser, that Saudi Arabia and United Arab Emirates have pledged $100 million collectively toward a fund for women who own or want to start businesses, according to people familiar with the announcement.


The donations and the White House are not tied. Definitely not. No way! It is a total coincidence the $100 million dollar donation is being made the same weekend a $110 billion arms deal is announced. And never mind that Ivanka Trump is traveling to Saudi Arabia in her official capacity as an ‘Assistant to the President of the United States.’


Even more explicitly, the Office of Government Ethics rules, former Republican ethics counsel Richard Painter tells me, “prohibit use of official position to solicit for ANY charity or other private entity.” The OGE guidelines specifically state: “Executive branch employees are subject to restrictions on the gifts that they may accept from sources outside the Government. Unless an exception applies, executive branch employees may not accept gifts that are given because of their official positions or that come from certain interested sources.”


21-05-2017, 08:01 PM
Coincidentally, the Saudis have also agreed to donate a whopping $100 million to the recently announced women's fund inspired by Jared Kushner’s wife, Ivanka Trump:

Nothing more than a gesture of courtesy in exchange for unfettered access to the oval office. Nothing to see here, move on...

Edmonton PRT
21-05-2017, 08:27 PM

I bet the Clinton Foundation is envious.

So much foreign money that Ivanka is raking in because her Dad is in Office and her organization gets to profit from that association.

I am so glad that it is all above board and legal.

...or is it?

..and do the rules and ethics change when it is the Cheeto and Cheif's daughter?

“Saudi Arabia and many of the countries that gave vast amounts of money to the Clinton Foundation want women as slaves and to kill gays. Hillary must return all money from such countries!” Trump wrote on Facebook in June 2016.

22-05-2017, 06:38 AM
I guess it's still ok to be sexist - considering the way things are, maybe it's important to be... but here it says donors will have a say on the structure, so $100 million likely just bought a lot of 'say'.

Also, it's always interesting when people can use other people's money to boost their own image and promote their own name.

Ivanka Trump in Talks About Women’s Fund With World Bank, Sources Say - Bloomberg
Ben Brody
April 26, 2017, 4:20 PM MDT

The project hasn’t been set up, and donors would need to agree on its structure, said officials from the World Bank and the White House, who spoke on condition of anonymity. The German government has taken a leading role in the effort, according to the officials. In addition to countries and foundations, corporations might be tapped for donations, a second World Bank official said.

While Ivanka Trump would advocate for the project, she wouldn’t be involved in soliciting funds, nor would she have a role in its management, the White House official said.


Ivanka Trump's Investment Fund Was Accidentally Made Public by an Overeager Angela Merkel

The announcement was made before the White House or the World Bank—which will manage the fund—have ironed out many of the details, Powell said. “We’re still working it all out.” She also declined to say how large the fund will be other than to say it will have “significant amount of capital” and that it has already secured investments from Germany and Canada.


Bolding is mine

This article finishes up with the GoldmanSachs connections. :-)

Ivanka Trump’s Investment Fund Of Foreign And Corporate Cash Sounds Awfully Familiar
Something, something Clinton Foundation.

By Paul Blumenthal

Nevertheless, the Ivanka Trump-World Bank fund sounds like it will mimic the work of a private organization that got a lot of (bad) publicity in 2016: the Clinton Foundation.
The foundation was seen as a major conflict of interest for Democratic presidential nominee Hillary Clinton, whose critics claimed her decisions as secretary of state benefitted foundation donors.

Donald Trump, during the campaign, called the Clinton Foundation “the most corrupt enterprise in political history.” He attacked Clinton as “the defender of the corrupt and rigged status quo” who spent her time “taking care of donors instead of the American people.”

A Trump campaign ad assailed the “staggering amounts of cash pouring into the Clinton Foundation from criminals, dictators, countries that hate America.” Those supposed America-hating countries included the United Arab Emirates, Qatar, Bahrain and Saudi Arabia ― formidable U.S. allies in the Middle East whose citizens contribute to other charitable funds connected to powerful Americans.

22-05-2017, 09:28 AM
Yeah, the Clinton Foundation has been accused many times by those on the right and yet they've always been cleard. Contrast that with the Trump Foundation which is so badly run that they have been involved in a large number of shady situations, including making political donations and using the Foundation to basically launder money.

Trump Foundation lacks the certification required for charities that solicit money

Experts on charity law said they were surprised that Trump’s foundation — given its connections to a wealthy man and his complex corporation — did not register to solicit funds.

“He’s a billionaire who acts like a thousandaire,” said James J. Fishman, a professor at Pace University’s law school in White Plains, N.Y. He said Trump’s foundation seemed to have made errors, including the lack of proper registration, that were more common among very small family foundations.

“You wouldn’t expect somebody who’s supposed to be sophisticated, and brags about his business prowess, would run his foundation like this,” Fishman said.


And here's a partial list.

Legal and ethical controversies

Solicitation of donations without a license
Delay in granting donations solicited for veterans organizations' benefit
Foundation grants as political advertisements
Grants to the National Museum of Catholic Art and Library (Which was used primarily to funnel money to the "museum's" chairman, Eddie Malloy, who was also head of the Building and Construction Trades Council of Greater New York.)
Failure to make pledged 9/11 donations
Using Trump Foundation money to settle Trump Organization legal disputes
Donation to Florida Attorney General Pam Bondi (Who was investigating Trump University and later dropped her investigation)
Foundation grants possibly for political purposes
Partial payment of an assessment owed by the Plaza Hotel
Purchasing goods and services for personal or business benefit with foundation money
Diverting business or personal income earned to the foundation as donations
Granting money to charities that rented Trump Organization facilities
Trump taking personal credit for donations made using foundation money
Making grants to other private foundations without fulfilling IRS "expenditure responsibility" rules

https://en.wikipedia.org/wiki/Donald_J._Trump_Foundation#Legal_and_ethical_contr oversies

Edmonton PRT
22-05-2017, 10:09 AM
That's one reason why people would like to see his tax returns. To see if he actually made the donations he boasts about. Many of the charities have no record of the claims he has made.