Donald Trump announced on Saturday that he will shut down his charitable foundation, a response to mounting complaints over conflicts related to the president-elect’s charitable and business interests.
The closure of the Trump Foundation, which was first reported by the New York Times, requires the approval of the New York attorney general’s office, which is currently investigating the nonprofit and issued a cease and desist order to it in October.
The Donald J Trump Foundation was repeatedly the subject of controversy throughout the presidential campaign after a series of investigations by the Washington Post’s David Fahrenthold. Trump reportedly used $258,000 of the foundation’s money to pay for personal legal settlements. He also spent charitable funds on multiple portraits of himself and on a football helmet autographed by Heisman Trophy winner Tim Tebow.
The foundation also made a donation to a political group supporting Florida attorney general Pam Bondi, a longtime Trump backer in violation of tax law. The president-elect has since paid $2,500 to the Internal Revenue Service over the donation.
Who knows what creepy-crawlies will emerge when further stones are turned over?