The foundation announced its intent to dissolve and is seeking to distribute remaining funds to other charities, according to a 2016 Internal Revenue Service filing reviewed by NBC News after it was uploaded to the website of charity watchdog Guidestar.org by the foundation.
NBC News notes that Trump has not donated to the foundation since 2008.
Since that time, it has received millions of dollars from others, such as Laura Perlmutter, wife of Marvel Entertainment Chairman Isaac Perlmutter, who gave $1 million; Ivanka Trump, who donated $100,000 in 2016; and billionaire casino mogul and Trump friend Phil Ruffin, who also donated $1 million.
People magazine gave the foundation $150,000 in 2006, and Trump gave the magazine exclusive photos of his newborn son, Barron.
NBC Universal gave the foundation $10,000 in 2007 and $500,000 in 2012, which is when it was airing Trump’s popular reality shows, “The Apprentice” and “Celebrity Apprentice.”
In one case, Trump reportedly spent $20,000 designated for the foundation on a 6-foot-tall portrait of himself.
The Trump Foundation came under fire last year amid claims Trump used it as a political slush fund. It also was accused of committing serious tax code violations for raising money while Trump ran for office.
Enough sketchiness surrounded the foundation that New York Attorney General Eric Schneiderman ordered it to cease its activities in the state in October 2016.
Schneiderman said the charity was not properly registered under state law to conduct its activities and solicit donations.
Trump Organization spokeswoman Amanda Miller told The Washington Post that the foundation is cooperating fully with Schneiderman’s office.
Affluent Americans may want to double-check how much of their bank deposits are protected by government-backed insurance. The rules governing trust accounts just changed.
Former NBA guard Darius Morris has died at the age of 33. He played for five teams during his four NBA seasons. Morris played college basketball at Michigan.
It’s key to note that we’re not saying the “best team” or “best roster.” Instead, we’re talking about the best confluence of factors that can outline a path for survival and then success.
Teams have made their big splashes in free agency and made their draft picks, it's time for you to do the same. It's fantasy football mock draft time. Some call this time of year best ball season, others know it's an opportunity to get a leg up on your competition for when you have to draft in August. The staff at Yahoo Fantasy did their first mock draft of the 2024 season to help you with the latter. Matt Harmon and Andy Behrens are here to break it all down by each round and crush some staff members in the process.
With free agency and the draft behind us, what 32 teams look like today will likely be what they look like Week 1 and beyond for the 2024 season. Matt Harmon and Scott Pianowski reveal the post-draft fantasy power rankings. The duo break down the rankings in six tiers: Elite offensive ecosystems, teams on the cusp of being complete mixed bag ecosystems, offensive ecosystems with something to prove, offenses that could go either way, and offenses that are best to stay away from in fantasy.
The average 30-year fixed mortgage rate edged back toward 7% this week but remains elevated, prompting housing experts to revise their forecasts for the rest of 2024.
Jake Mintz & Jordan Shusterman discuss the Padres-Marlins trade that sent Luis Arraez to San Diego, as well as recap all the action from this weekend in baseball and send birthday wishes to hall-of-famer Willie Mays.
Budgeting apps can help you keep track of your finances, stick to a spending plan and reach your money goals. These are the best budget-tracking apps available right now.