Furthermore, the attorney general claimed that the foundation illegally provided extensive support for Trump during his 2016 presidential campaign.
In a statement, AG Underwood said, “As our investigation reveals, the Trump Foundation was little more than a checkbook for payments from Mr. Trump or his businesses to nonprofits, regardless of their purpose or legality.”
“This is not how private foundations should function and my office intends to hold the Foundation and its directors accountable for its misuse of charitable assets,” she added.
AG Underwood seeks to dissolve Trump Foundation
AG Underwood initiated a special proceeding to dissolve the Trump Foundation under court supervision. Her office is seeking restitution of $2.8 million plus penalties.
In the lawsuit, the attorney general requested the court to prohibit Trump from serving as director of a not-for-profit organization in New York for ten years. She also asked a similar ban on Donald Jr., Ivanka, and Eric for one year.
Moreover, AG Underwood sent referral letters to the Internal Revenue Service (IRS) and the Federal Election Commission for further investigations and possible legal actions.
Trump Foundation slams New York AG’s lawsuit
In a statement, the Trump foundation condemned the New York AG’s lawsuit and called it “politics at its very worst.”
