Trump used it like a piggy bank.
It’s another Trump Crime Family scam like Trump University.
This is an important victory for the rule of law. There is one set of rules for everyone.
We’ll continue to move our suit forward to ensure that the Trump Foundation and its directors are held accountable for their clear and repeated violations of state and federal law.
— NY AG Underwood (@NewYorkStateAG) December 18, 2018
Shut down due to illegal activity:
1. Trump University
2. Trump FoundationUnder criminal investigation:
1. Trump campaign
2. Trump transition
3. Trump inauguration
4. Trump administration
5. Trump Organization— Judd Legum (@JuddLegum) December 18, 2018
The breakdown of current values, according to Trump Fdn docs:
–Tim Tebow-signed helmet, valued at $475.
–4-foot-tall portrait of @realDonaldTrump, valued at $500.
–6-foot-tall portrait of Trump, valued at….$0. https://t.co/2ESDr60Rwk— David Fahrenthold (@Fahrenthold) December 18, 2018
BREAKING: @realDonaldTrump agrees to shut down his troubled charity, and give its money away to charities approved by a judge.
The NY AG's lawsuit against Trump & his kids will continue.https://t.co/sq2pSaPEUF— David Fahrenthold (@Fahrenthold) December 18, 2018
The State of New York has determined that the Trump family cannot be trusted to fulfill their basic fiduciary duties as stewards of charitable funds.
We’ve entrusted the entire well-being of the United States to these same people. https://t.co/5KfGNY0kGn
— Asha Rangappa (@AshaRangappa_) December 18, 2018
Reminder: The Trump Foundation’s largest gift — $264,631 — was used to renovate a fountain outside Trump’s Plaza Hotel https://t.co/ylSfDPAmpD https://t.co/SFvKT8sb2n
— Bloomberg Opinion (@bopinion) December 18, 2018
Fahrenthold is the expert on Trump Foundation contributions and expenses. He has done a great job for years.
Another mystery we still haven't solved! I don't know where the missing Tim Tebow helmet is. @realDonaldTrump bought it with $12,000 in charity money, at the height of Tebow's career w/the Broncos. https://t.co/racBGO0CTG
— David Fahrenthold (@Fahrenthold) December 18, 2018
AMA! I'll be live talking about the Trump Foundation (and the Trump Organization) at 1 p.m. Eastern time tomorrow. Find it here: https://t.co/swsHqXKyB7 pic.twitter.com/5LXXE9WM3k
— David Fahrenthold (@Fahrenthold) December 18, 2018
UPDATE: NY AG says that @realDonaldTrump's Fdn will have to sell off its 3 physical possessions, including a Tim Tebow-signed helmet, and 2 paintings of Trump himself.
Trump paid $42K for them, using foundation $.
Now says they're worth $975 combined.https://t.co/eL3sirHwYS— David Fahrenthold (@Fahrenthold) December 18, 2018
The motives of many Trump Fdn donors are still a mystery. Of those we know, lots were Trump appearance fees that were paid to the foundation instead of directly to Trump. It was win-win: Trump avoided income tax on the $$ and the "donor" got a deduction. https://t.co/Mml4jN8gS3
— Christina Wilkie (@christinawilkie) December 18, 2018
We’ve had to repeatedly file complaints against the Trump Foundation for violating the law. https://t.co/PjHAlNTysQ
— Citizens for Ethics (@CREWcrew) December 18, 2018
“Trump Foundation to close under judicial supervision amid a lawsuit pointing to self-dealing for political gain in a shocking pattern of illegality that was willful and repeated.” Imagine Republicans if this headline was about Obama. I mean, Armageddon. https://t.co/BA4qwla7nW
— Ava DuVernay (@ava) December 18, 2018
After all the baseless attacks on the Clinton Foundation, it turned out that the actually illegal foundation was Trump’s. Who could’ve predicted that? Everyone!!!
— Touré (@Toure) December 18, 2018
The Trump Foundation was essential Trumpism: one for all and all for me https://t.co/2EY4StkiGv pic.twitter.com/JPICCCK1IW
— Charles P. Pierce (@CharlesPPierce) December 18, 2018
Interesting coincidence that Bondi is at the White House the same day the Trump Foundation moves to dissolve. A $25,000 payment to Bondi from the Foundation is among the alleged acts of wrongdoing. https://t.co/vYK2pe21p6
— Kyle Griffin (@kylegriffin1) December 18, 2018
The NY AG found unlawful coordination between the Trump Foundation and Trump campaign.
SDNY found Individual 1 directed unlawful coordination of hush money payments.
We must continue to investigate whether the campaign’s unlawful coordination extended to the Russians. https://t.co/DgXSkZeU17
— Adam Schiff (@RepAdamSchiff) December 18, 2018
This isn’t voluntary. It’s Trump shutting down foundation because it is squarely in the dangerous crosshairs of NY Atty General investigation.
It’s like Michael Cohen’s plea in that sense — coming forward at the end, reluctantly, because caught red handed https://t.co/adY2kU3b4a
— Neal Katyal (@neal_katyal) December 18, 2018
Sad! 