As this decade ends, we’re republishing our best work from the past 10 years, a journey that reflectstwo-fold mission: chronicle entrepreneurial capitalism—shinning a light on the disruptors changing the world forever—and call out the rogues abusing the system.
That's not the case. In reviewing filings from the Eric Trump Foundation and other charities, it's clear that the course wasn't free—that the Trump Organization received payments for its use, part of more than $1.2 million that has no documented recipients past the Trump Organization. Golf charity experts say the listed expenses defy any reasonable cost justification for a one-day golf tournament.
Especially since the person who specifically commanded that the for-profit Trump Organization start billing hundreds of thousands of dollars to the nonprofit Eric Trump Foundation, according to two people directly involved, was none other than the current president of the United States, Donald Trump.
For the first four years of the golf tournament, from 2007 to 2010, the total expenses averaged about $50,000, according to the tax filings. Not quite the zero-cost advantage that a donor might expect given who owned the club but at least in line with what other charities pay to host outings at Trump courses, according to a review of ten tax filings for other charitable organizations.
It's also very consistent. The Donald J. Trump Foundation famously acted like an arm of the overall business, using the charity's money to settle a Trump business lawsuit, make a political donation and even purchase expensive portraits of its namesake. Meanwhile, Trump businesses billed the Trump campaign, fueled by small outside donors, more than $11 million to use his properties, chefs and private aircraft.
It's hard to find an explanation for this cost spike. Remember, all those base costs were supposedly free, according to Eric Trump. The golf course?"Always comped," he says. The merchandise for golfers:"The vast majority of it we got comped." Drinks:"Things like wine we were normally able to get donated." And the evening performances from musicians like Dee Snider of Twisted Sister and comedians like Gilbert Gottfried:"They did it for free.
Thing is POTUS at least listened2 me about pot& fired Jeff Sessions. Pot is cancer cure if used properly w astaxanthin & other treatment. JoeBiden thinks the cancer preventing pot salad is gateway drug. I haven't sniffled in yrs, I'm in Usain Bolt shape. Joe will NOT BE PREZ!
An ammazing mischief
“I don’t care if it’s my son—everyone gets billed!” -President Donald J Trump, in re stealing money from kids with cancer. Good job, trump voters.
Crook
Isn’t he a gem !
And he calls us “scum”? NEVERTRUMP
It's going to be sad to see Trump leave office ?
What else? followthemoney
Why don’t always-Trumpers let this kind of thing sink in?
Forbes. Post me not him lol