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Trump Foundation ordered to stop fundraising by NY AG

Oct 04, 2016 12:04 am

David A. Fahrenthold is reporting in the Washington Post New York Attorney General Eric Schneiderman has notified Republican presidential candidate Donald Trump that his charitable foundation is violating state law by soliciting donations without proper certification. The Trump Foundation was ordered to immediately stop all fundraising activities by the attorney generals' charities bureau on Fri., Sept. 30. The Trump Foundation never registered under article 7A of New York’s Executive Law, as is required for any charity soliciting more than $25,000 per year from the public. As a result, the foundation avoided outside audits, which New York law requires of larger charities that ask the public for donations. Trump has been ordered to supply the state, within 15 days, with all legal paperwork required of charities that solicit money from the public. Read the full story in the Washington Post.