Home / News / ERIC TRUMP RAISES $16 MILLION FOR KIDS WITH CANCER, LIBS FORCE HIM TO SHUDDER FOUNDATION…

ERIC TRUMP RAISES $16 MILLION FOR KIDS WITH CANCER, LIBS FORCE HIM TO SHUDDER FOUNDATION…

Eric Trump has raised over $16 million for children with cancer.

Apparently, this isn’t a good thing according to liberals.

Check it…

From NYT:

WASHINGTON — Eric Trump has helped raise $16.3 million for St. Jude Children’s Research Hospital of Tennessee over the past decade, a hospital official said in a letter sent to a charity run by Mr. Trump, the president-elect’s son. The letter comes as Mr. Trump is preparing to remove his name from the charity to avoid conflicts of interest that could emerge from future fund-raising.

The letter confirms an account Mr. Trump gave to reporters that his organization has raised more than $15 million for the hospital, despite available tax records showing that the Eric Trump Foundation raised less than half that amount.

Mr. Trump’s announcement that he will remove his name from the organization is one of a series of steps that members of the Trump family are taking to address potential conflicts before the inauguration. Other steps include terminating planned Trump Organization projects in countries like Azerbaijan, Brazil, Colombia and Georgia.

More from NPQ:

Eric C. Trump founded a charity bearing his name in 2007. Unlike his father’s 501(c)(3) private foundation, Eric’s nonprofit is a public charity, the most common form of 501(c)(3) tax-exempt corporation. Publicity surrounding his father’s winning the presidency and questions about the elder Trump’s own charitable activities have called the operations of the son’s foundation into question, prompted Eric Trump and his 16-member board to announce suspension of operations on December 22, 2016.

The conflicts arise in three areas. First, the foundation’s board members included employees of the Trump Organization and Trump Winery. This was not disclosed on the foundation’s annual Form 990 filings with the IRS. Second, until 2014, the foundation did not disclose on its Form 990 returns that it was using Trump-owned golf courses to host its annual golf tournaments—the only significant fundraising done by the foundation. This should have been disclosed on the form’s “Schedule L – Transactions with Interested Persons.” Third, until 2014, the foundation failed to disclose on its Form 990 returns that it was making payments to the Trump-owned golf courses for event expenses during the annual golf tournaments. It should be noted that in some years the foundation’s annual audit, submitted to New York state regulators, does include this disclosure.

No good deed goes unpunished.

Sorry, Eric!

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