The Donald J. Trump Foundation was a New York-based private foundation founded and chaired by Donald Trump, 45th President of the United States.
Trump originally created the foundation to donate his proceeds from his book Trump: The Art of the Deal to charitable causes. However Trump stopped contributing personal funds to the foundation in 2008 and instead solicited donations from outsiders.During the 2016 presidential election campaign the foundation's activities came under intense media scrutiny, initially by the Washington Post's David Fahrenthold, who went on to win the 2017 Pulitzer Prize for National Reporting for his investigatory work. Investigations subsequently revealed various ethical and legal violations, including failure to register in New York, self-dealing, and illegal campaign contributions. In December 2016, Trump attempted to dissolve the foundation, but the office of the New York State Attorney General Eric Schneiderman immediately blocked the dissolution pending completion of its then ongoing investigation.On June 14, 2018, New York Attorney General Barbara Underwood filed a lawsuit against the foundation, Trump himself, and Trump's three adult children, Ivanka, Eric, and Donald Jr., alleging "persistently illegal conduct" with respect to the foundation's money. She asked the court for an order dissolving the charity and imposing $2.8 million in restitution and penalties. She also made referrals to the Federal Election Commission and the IRS.On June 18 New York Governor Andrew Cuomo's office announced that the governor would refer the civil case to New York's Department of Taxation and Finance if it is requested to do so by the Attorney General's office Given the violations alleged in the civil case, some experts believe a tax investigation could lead to state criminal charges filed against Trump.On December 18, 2018, Attorney General Underwood announced that the foundation had agreed to shut down under court supervision and distribute its remaining assets to court-approved charities, although she did not end investigations of the foundation and its directors. Wikipedia