The Donald J. Trump Foundation, the private foundation established by President-elect Donald Trump, indicated in its 2015 filing with the Internal Revenue Service that it violated a legal prohibition against "self-dealing," the Washington Post reports.
In the section of the Trump Foundation's 2015 Form 990-PF where the foundation is asked to indicate whether it transferred income or assets to a disqualified person or persons — a category that can include the foundation’s leadership, related businesses, or the founding donor's family members — the form was checked "yes." On another line, the foundation indicated it also had engaged in self-dealing in previous years. Such violations can carry penalties, and the foundation's leaders can be required to repay money that it spent on their own behalf. Whether the foundation has already been assessed or paid penalties related to self-dealing, however, is unclear. The Trump Foundation was established nearly thirty years ago and had not previously admitted to such a violation.
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