{"id":287151,"date":"2016-12-25T00:03:55","date_gmt":"2016-12-24T23:03:55","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/trump-says-will-dissolve-his-foundation-before-assuming-office\/"},"modified":"2016-12-25T00:03:55","modified_gmt":"2016-12-24T23:03:55","slug":"trump-says-will-dissolve-his-foundation-before-assuming-office","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/trump-says-will-dissolve-his-foundation-before-assuming-office\/","title":{"rendered":"Trump says will dissolve his foundation before assuming office"},"content":{"rendered":"<div>\n<p><strong>US President-elect Donald Trump says he will dissolve his charitable foundation, called the Trump Foundation before assuming office on January 20, 2017.<\/strong><\/p>\n<p>The future president released a statement on Saturday, saying he would pursue his \u201cstrong interest in philanthropy in other ways.&#8221;<\/p>\n<p>He has apparently ordered his counsel to take the necessary measures to the dissolution to happen.<\/p>\n<p>The foundation was a source controversy for the Trump campaign in the run-up to the 2016 presidential election.<\/p>\n<p>In 2007, Trump used the foundation\u2019s money to pay for a 6-foot painting of himself that his wife purchased at an auction, in violation of regulations by US tax authority, the Internal Revenue Service (IRS), which prohibits a charity\u2019s officers from using the group\u2019s funds to purchase things for their own benefit.<\/p>\n<p>A <em>Washington Post<\/em> report concluded in September that the foundation is \u201ca charity that allowed a rich man to be philanthropic for free.\u201d<\/p>\n<p>The&#8230;<\/p>\n<\/div>\n<p> <a href=\"http:\/\/www.presstv.ir\/Detail\/2016\/12\/24\/503325\/Trump-says-will-dissolve-his-foundation\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US President-elect Donald Trump says he will dissolve his charitable foundation, called the Trump Foundation before assuming office on January 20, 2017. The future president released a statement on Saturday, saying he would pursue his \u201cstrong interest in philanthropy in other ways.&#8221; He has apparently ordered his counsel to take the necessary measures to the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-287151","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/287151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=287151"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/287151\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=287151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=287151"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=287151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}