WASHINGTON — President-elect Donald Trump’s charity has admitted that it violated IRS regulations barring it from using its money or assets to benefit Trump, his family, his companies or substantial contributors to the foundation.
According to a 2015 tax return posted on the nonprofit monitoring website GuideStar, the Donald J. Trump Foundation acknowledged that it used money or assets in violation of the regulations not only during 2015, but in prior years.
The tax filing, first reported Tuesday by The Washington Post, doesn’t provide details on the violations. The filing’s release comes as the New York attorney general’s office investigates whether Trump personally benefited from the foundation’s spending, including several purchases detailed in reports by The Post.
Questions sent via email to Trump’s transition team weren’t immediately answered Tuesday.
The foundation’s admission in the tax filing isn’t the first time it has run afoul of laws and regulations governing charitable organizations.