Trump Foundation told to stop fundraising
New York Attorney General`s office on Monday ordered Republican presidential candidate Donald Trump`s foundation to cease fundraising immediately after a report revealing that the charity is not properly authorised to seek public donations.
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Washington: New York Attorney General`s office on Monday ordered Republican presidential candidate Donald Trump`s foundation to cease fundraising immediately after a report revealing that the charity is not properly authorised to seek public donations.
On Monday, the Trump campaign released a statement questioning the "political motives" behind the investigation into the foundation as Schneiderman is a Democrat.
The Trump Foundation never registered under article 7A of New York`s Executive Law as is required for any charity asking for more than 25,000 dollars per year from the public. This means Trump`s foundation has avoided any of the outside audits New York law requires of larger charities.
Trump was fined for using his foundation to donate 25,000 dollars to a political organisation for Florida Attorney General Pam Bondi and reporting in its public forms that the money was for a similarly named charity instead. Non-profits are not allowed to make political contributions in New York state.
The donation took place in 2013 when Bondi`s office was considering whether to open a probe into fraud allegations against Trump University. Bondi`s office did not open an investigation afterwards. Bondi and Trump have both denied the contribution was connected to the case.
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