Trump to dissolve philanthropic foundation to avoid conflict of interest

December 25, 2016

President-elect Donald Trump said Saturday that he will dissolve his philanthropic foundation to avoid “even the appearance” of a conflict of interest, as he prepares to take over the White House next month.

The plan to shutter the Donald J. Trump Foundation was not unexpected, amid continuing criticism that Trump’s international real estate holdings and other business ventures will present for him as president potential conflicts of interest.

“The foundation has done enormous good works over the years in contributing millions of dollars to countless worthy groups, including supporting veterans, law enforcement officers and children,” Trump said in a statement released by his presidential transition office. “However, to avoid even the appearance of any conflict with my role as president, I have decided to continue to pursue my strong interest in philanthropy in other ways.”

The statement also said that Trump has asked his legal team to start dissolving the foundation, which he said operated for decades at essentially no cost and funneled 100 percent of the money to charity.

“But because I will be devoting so much time and energy to the presidency and solving the many problems facing our country and the world, I don’t want to allow good work to be associated with a possible conflict of interest,” he said.

39 Comments - what are your thoughts?

  • CharlieSeattle says:

    Everything else MUST be put in a blind trust out of the hands of his family!

    1. gvette says:

      Show me that in the constitution, charlie!

  • Rodney Steward says:

    Unlike the Clinton’s that keep 80% of their money and was alowd to keep it, Trump gave it all away and can not keep it, and took no money from terrorist countries like the Clinton crime machine!!

    1. AKLady says:

      Crime machine, you must mean the Trump crime machine:
      But in the eyes of people like Rodney, Trump is a saint, yet the Clintons dot have either the legal or criminal history Teump has.
      Unlike Trump, the Clinton Foundatin actiallyhelped poeple.
      Unlike Clinton, NY charged Trump with money laundering.
      Unlike Clinton, NY charged Trump with running an illegal school.
      Unlike Clinton, Trump was sued for fraud in regard to that school.
      Trump has been involved in more than 180 suits brought by government entities involving illegal actovity.
      The history begins in 1973 with United States v. Trump — he was violating fair husing laws and disriminating against minorities.

      1. Rodney Steward says:

        The slut is back under investigation for her e-mail server and her foundation, and both by the FBI, and this shi$ you’re throwing out here isn’t even being talked about on Trump with the way the media loves your type, a bunch of left wing idiots, it would be all over the place, but we have heard some on the Trump college, but not lately! So go smoke another hooty and take a big ole drank and give YO woman a big ole kiss for me and everything will be alright!

          1. Rodney Steward says:


      2. Deborahjtyler says:

        Google is paying 97$ per hour! Work for few hours and have longer with friends & family! !sf27c:
        On tuesday I got a great new Land Rover Range Rover from having earned $8752 this last four weeks.. Its the most-financialy rewarding I’ve had.. It sounds unbelievable but you wont forgive yourself if you don’t check it
        ➽➽;➽➽ http://GoogleFinancialJobsCash317NetworkStationGetPay$97Hour ★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★✫★★::::::!sf27c:….,…….

  • Smitch says:

    The next story to be…the clintons give back their 350 million!

    1. used_to_be_a_liberal says:

      lol in your dreams, the Clintons are a daily nightmare.

      1. AKLady says:

        No, but you all seem to live in another reality.

        1. used_to_be_a_liberal says:

          you have got a clue

          1. AKLady says:

            I think it must be fueled with LSD or something similar.
            Your posts are so far out of the real world that the distance cannot be bridged with logic.

    2. itsfun says:

      yep and I have ocean front property in North Dakota for sale.

      1. Smitch says:

        Of coarse! Maybe We The People go and take it back and Prison for billdo & hillary!

        1. Rodney Steward says:

          A dilldo for hillery!!

          1. Smitch says:

            She is a clam bumper/licker, no need to waste the money on a dildo!

          2. AKLady says:

            Adolescent sexual focus.

            It embarasses Ameica.
            It embarasses Americans.
            It proves nothing, well, not qute it speeks to your intellegence level …

          3. Rodney Steward says:

            The Clinton’s like Obama have been nothing but an embarrassment to America!

          4. AKLady says:

            No, Rodney, you are.
            Liars like you are the embarassment.
            Sexual inuendo rather than fact is the embarassment.
            You claim to be an adult, to be a voter.
            You act like a a child.

            Develop some maturity.
            Start thinking with the head that contains a brain instead of the one between your legs.

          5. Smitch says:

            If you don’t like it…Don’t read it or comment on it! I have to ask… are you a liberal?

          6. Rodney Steward says:

            She won’t give you an answer if she is gay or not, and I’ve ask her 4 times!

          7. Smitch says:

            10-4! Oh she is one of those!

          8. Rodney Steward says:

            LOL, I believe so!!

          9. AKLady says:

            Is that suppised to be an insult?

          10. Rodney Steward says:

            It is SUPPOSED, would be the way it is spelled, and does it really matter if it’s an insult!!

          11. AKLady says:

            More adolescent more sexual focus.

          12. AKLady says:

            Liberals do not object to filth.
            Conservatves find it objectionable.

          13. Smitch says:

            As a Conservative I am offended by liberals! The saying goes…you can always tell a liberal, however you can’t tell them much!

          14. AKLady says:

            Adolescent sexual focus.
            Grow up.

          15. Rodney Steward says:

            You never did answer me if you were gay!!

          16. AKLady says:

            More adolescent sexual focus.
            Grow up.

    3. AKLady says:

      Why would they do that?
      Oh, and what $350 million is that?

      1. Rodney Steward says:

        From their NWO foundation that Chelsea the pig took 80,000 $$$ from for her wedding!!

        1. AKLady says:

          Every charity is independently audited yearly.
          Every charity’s accounting records are public information.

          If such an act had taken place, the charity would have been closed and the Board of Directors charged with felonies.

          Educate yourself.
          You embarass America with your ignorance.

          1. Rodney Steward says:

            This charity has not been audited, and it’s been all over the internet bout her taking the money, in fact one of these forums were about her taking the money, but it must have been one that didn’t interest you like other ones that don’t go your way!

          2. AKLady says:

            Rodney, the NY Statutes are published o the Internet.
            The audited finanial statements are published on the Interet.

            If such an act had taken place, the charity would have been closed and the Board of Directors charged with felonies.

            Educate yourself.
            You embarass America with your ignorance.

          3. Rodney Steward says:

            That’s why they’re under investigation, it’s been all over the news and the internet, WHERE HAVE YOU BEEN!!

      2. Smitch says:

        Are you not up on current events? No you are just a liberal sticking up for that filthy (C)an’t (U)nderstand (N)ormal (T)hinking hillary?

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