President Donald Trump has been ordered by a New York State judge to pay $2 million to a group of nonprofit organizations as part of a settlement in a civil lawsuit stemming from persistent violations of state charities laws.
The payment is the final resolution to a case brought by the New York attorney general’s office after the Trump Foundation held a fundraiser for military veterans during the 2016 campaign.
The televised fundraiser took in nearly $3 million in donations that were dispersed on the eve of the Iowa caucuses as directed by then-campaign chief Corey Lewandowski.
The two million must be paid by President Trump himself for breaching his fiduciary duty to properly oversee the foundation that bears his name.
“I direct Mr. Trump to pay the $2,000,000, which would have gone to the Foundation if it were still in existence.”
The lawsuit filed by the state’s attorney general accused President Trump — along with his children, Donald Jr., Eric and Ivanka — of conflating charity with politics, repeatedly using charitable donations for personal, political and business gains, including legal settlements, campaign contributions and even to purchase a portrait of Trump to hang at one of his hotels.