After the decision to shut down the Donald J. Trump foundation due to a lawsuit alleging that it funneled money away from actually helping people and directly into Trump’s pockets, the alleged charity is selling off its remaining assets and donating the money. This is part of an agreement between the foundation and the New York Attorney General’s office, not something the Trumps are doing out of the (alleged) goodness of their hearts.
Three items of note in the upcoming auction are two paintings of Donald Trump that he commissioned for a total of $30,000 and a Denver Broncos football helmet signed by quarterback Tim Tebow that Trump bought for $12,000.
Altogether, these three items are now valued at $975 according to a recent IRS report filed by the charity. The football, at least, might make more money than its reported value at auction. No word yet about whether anyone in the world wants a painting of Donald Trump.
#BREAKING: We’ve secured a stipulation requiring the Trump Foundation to dissolve under judicial supervision, with our review of recipient charities.— NY AG Underwood (@NewYorkStateAG) December 18, 2018
The Foundation functioned as little more than a checkbook to serve Mr. Trump’s interests. Our lawsuit remains ongoing. pic.twitter.com/FsRubdNZs9
The “agreement” between the Trump Foundation and the New York Attorney General’s office will allow the charity (and its founders) to avoid the worst of New York Attorney General Barbara Underwood’s wrath after what she called a “shocking pattern of illegality.” Her office, however, will still be pursuing the $2.8 million lawsuit that also seeks to bar Trump and his children from ever serving on another board of a New York charity.
The entire ordeal is providing Twitter with enough fodder for $2.8 million worth of jokes.
Looking forward to the Trump Foundation episode of "Hoarders."— Have We Had Enough Yet (@defiantone9) December 18, 2018
They cost $975 totally. I guess the Tebow helmet worths $974.99— Kevin (@vdkhoa1983) December 19, 2018
Trump's Foundation must sell off remaining assets including Trump portraits, Tebow-signed helmet; there's a word for that in the State of New York,..."Civil Asset Forfeiture"! pic.twitter.com/QlDPCi55Du— Mike (@MikeAE35) December 18, 2018
Some true crime museum will likely buy them...— WendyG (@wglaaber) December 18, 2018
Save it for use as a White House Hall hanging mugshot of the first president to be indicted for criminal conspiracy to commit treason as a family affair.— #BluePureReason (@ShadowsDarkmoon) December 18, 2018
Someone should buy the portraits and have a hugest, bestest bonfire.— Vicky (@3dandv) December 19, 2018
Wouldn’t it be funny if after all the times Trump called the Clinton Foundation “corrupt”, it would be the Trump foundation that was shut down over fraudulent practices?”— Tea Pain (@TeaPainUSA) December 18, 2018
Yes. Yes it is.
Obama had his tan suit...— Mehdi Hasan (@mehdirhasan) December 18, 2018
Hillary had her emails...
Donald Trump has his national security adviser sentenced on the same day as his Foundation is forced to dissolve in response to a lawsuit. #scandal
The Trump Foundation suffers the same sad fate as Trump University, Trump Steaks, Trump Vodka, Trump mortgage...— Roland Scahill (@rolandscahill) December 18, 2018
Now time for Trump to join them
Remember when the media pretended it was a scandal that the Clintons schmoozed people in order to procure millions of dollars to help poor people? And then Trump's foundation turned out to be, literally-in-the-literal-sense, a criminal enterprise? https://t.co/4ffxATYXhy— David Roberts (@drvox) December 18, 2018
The illustrious Trump Foundation is closing down. Fortunately, this won't cause any further hardship to the needy, since none were ever recipients of Trump contributions. If there is a less philanthropic human being on this earth than Donald J. Trump, may he step forward now.— Tony Schwartz (@tonyschwartz) December 19, 2018
...Meanwhile some news about the Clinton Foundation today. pic.twitter.com/WFhw4NHKfb— Craig Minassian (@MinassianMedia) December 18, 2018
Sounds like Trump foundation reasoning https://t.co/I0zLBYnMI8— Jan Preston (@art_tsarina) December 19, 2018
I hope you libs are happy. You forced the Trump Foundation to close and now that orphanage will never get a watercolor painting of Donald Trump holding a pool cue for some reason.— matt christman (@cushbomb) December 18, 2018
Now just to dissolve the #Trump presidency in acid.— Luis Gonzalez (@AlbumConfession) December 18, 2018
This administration, like the Trump crime family, can't cover anything up right. pic.twitter.com/u5UJmHpk0G— Kennedy35 (@McgeeDDD) December 18, 2018
I can't wait until this happens globally. pic.twitter.com/8ZYG7I7TW1— N.O. Forever (@JM120491) December 18, 2018
Are you telling me that the same guy who brags about grabbing women's private parts would steal from a his own charity? No way!— Brian Krassenstein (@krassenstein) December 18, 2018
The Trump Foundation GONE!
It’s unclear whether the ongoing investigation into the Donald J. Trump Foundation will lead to charges against him or any of his kids who helped run it. With all the other Trump organizations and dealings under investigation, it might not be necessary to send them all to prison for the rest of their lives