New York AG looking into Eric Trump Foundation

New York AG looking into Eric Trump Foundation
© Greg Nash

New York's Democratic attorney general is looking into the Eric Trump Foundation after reports emerged that the foundation may have funneled money to the Donald J. Trump Foundation.

Eric Schneiderman's office, which had previously been investigating the Donald J. Trump Foundation, is now looking into the Eric Trump Foundation for potential violation of state laws, a spokesman told Forbes.

It was reported earlier this week that President Trump’s charity foundation funneled $100,000 in donations meant for St. Jude’s Children’s Research Hospital into revenue for the Trump Organization by using his son’s charity.

ADVERTISEMENT
“The attorney general's office is looking into the issues raised by this report," said Eric Soufer, the communications director for the New York state attorney general.

The money made during an annual golf tournament hosted by Eric Trump were funneled through the Eric Trump Foundation back into President Trump’s golf courses for expenses during the tournaments despite donors being told that all their money would go to charity, the report said.

Additionally, more than $500,000 over 10 years was then re-donated to other charities, including charities connected to members of the Trump family. At least four of those charities also held charity golf tournaments at Trump golf courses, according to the report.

President Trump reportedly gave the order himself for the Trump Organization to bill the Eric Trump Foundation for the money, which, if true, would violate both New York state and federal law.

In December, Trump announced plans to dissolve his charitable foundation in order to avoid the appearance of a conflict of interest. But New York's attorney general said that was impossible until a criminal probe of the charity was completed.