To understand judgmnt in NY Court regarding @realDonaldTrump and the #TrumpFoundation, AG James press release is worth a read as it describes in some detail the stipulations that happened prior to this order for Pres Trump to pay $2 million in restitution ag.ny.gov/press-release/…
@realDonaldTrump I have yet to find the actual stipulations entered into between Trump, his kids, and the AG. This thankfully describes them, but the stipulations would be better. I am assuming that those are not disclosed, but if anyone has seen them, would love a link.
@realDonaldTrump An interesting tidbit in here is that Pres Trump was forced to reimburse the Trump Foundation for the $10,000 portrait the foundation bought of the President and allowed the President to hang at his club. That does suggest the earlier 990PFs were wrong
@realDonaldTrump Here are the stipulations entered into by the Trump Foundation with the substantial admissions. There is a huge amount of information on this case herein. iapps.courts.state.ny.us/fbem/DocumentD…
As I read the stipulation now it appears that the Trump org treated themselves as renting the painting rather than that it was acquired for them. Paying the charity back would not seem to be consistent with this theory.
