{"id":98436,"date":"2018-12-18T11:11:49","date_gmt":"2018-12-18T16:11:49","guid":{"rendered":"http:\/\/madisoncountycourier.com\/?p=98436"},"modified":"2018-12-18T11:11:54","modified_gmt":"2018-12-18T16:11:54","slug":"trump-foundation-to-be-dissolved-state-attorney-generals-lawsuit-remains-ongoing","status":"publish","type":"post","link":"https:\/\/madisoncountycourier.com\/?p=98436","title":{"rendered":"Trump Foundation to be dissolved; state attorney general\u2019s lawsuit remains ongoing"},"content":{"rendered":"\n<p><em>Underwood announces\u00a0stipulation dissolving\u00a0Trump Foundation under judicial supervision, with AG review of recipient charities<\/em><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright\"><img loading=\"lazy\" decoding=\"async\" width=\"218\" height=\"300\" src=\"https:\/\/madisoncountycourier.com\/wp-content\/uploads\/2018\/05\/Acting-AG-Barbara-Underwood-218x300.jpeg\" alt=\"\" class=\"wp-image-93740\" srcset=\"https:\/\/madisoncountycourier.com\/wp-content\/uploads\/2018\/05\/Acting-AG-Barbara-Underwood-218x300.jpeg 218w, https:\/\/madisoncountycourier.com\/wp-content\/uploads\/2018\/05\/Acting-AG-Barbara-Underwood-109x150.jpeg 109w, https:\/\/madisoncountycourier.com\/wp-content\/uploads\/2018\/05\/Acting-AG-Barbara-Underwood.jpeg 289w\" sizes=\"auto, (max-width: 218px) 100vw, 218px\" \/><figcaption>NYS Attorney General Barbara Underwood<\/figcaption><\/figure><\/div>\n\n\n\n<p>Attorney General Barbara D. Underwood announced that following a court decision in favor of the Attorney General\u00a0the Trump Foundation has\u00a0<a rel=\"noreferrer noopener\" href=\"http:\/\/links.govdelivery.com\/track?type=click&amp;enid=ZWFzPTEmbXNpZD0mYXVpZD0mbWFpbGluZ2lkPTIwMTgxMjE4Ljk5MjIwNzgxJm1lc3NhZ2VpZD1NREItUFJELUJVTC0yMDE4MTIxOC45OTIyMDc4MSZkYXRhYmFzZWlkPTEwMDEmc2VyaWFsPTE3MDcyMjI0JmVtYWlsaWQ9bWFyZ29AbTNwbWVkaWEuY29tJnVzZXJpZD1tYXJnb0BtM3BtZWRpYS5jb20mdGFyZ2V0aWQ9JmZsPSZleHRyYT1NdWx0aXZhcmlhdGVJZD0mJiY=&amp;&amp;&amp;100&amp;&amp;&amp;https:\/\/ag.ny.gov\/sites\/default\/files\/stipulation_re_dissolution_execution_version.pdf\" target=\"_blank\">signed a stipulation<\/a> agreeing to\u00a0dissolve under judicial supervision, with review and approval by the attorney general of proposed recipient charities\u00a0of\u00a0the Foundation\u2019s remaining assets.\u00a0<\/p>\n\n\n\n<p>This stipulation\u00a0follows the\u00a0<a rel=\"noreferrer noopener\" href=\"http:\/\/links.govdelivery.com\/track?type=click&amp;enid=ZWFzPTEmbXNpZD0mYXVpZD0mbWFpbGluZ2lkPTIwMTgxMjE4Ljk5MjIwNzgxJm1lc3NhZ2VpZD1NREItUFJELUJVTC0yMDE4MTIxOC45OTIyMDc4MSZkYXRhYmFzZWlkPTEwMDEmc2VyaWFsPTE3MDcyMjI0JmVtYWlsaWQ9bWFyZ29AbTNwbWVkaWEuY29tJnVzZXJpZD1tYXJnb0BtM3BtZWRpYS5jb20mdGFyZ2V0aWQ9JmZsPSZleHRyYT1NdWx0aXZhcmlhdGVJZD0mJiY=&amp;&amp;&amp;101&amp;&amp;&amp;https:\/\/ag.ny.gov\/sites\/default\/files\/trump_foundation.pdf\" target=\"_blank\">court decision\u00a0last month<\/a>\u00a0allowing Underwood\u2019s lawsuit against the Trump Foundation to move forward.<\/p>\n\n\n\n<p>Underwood\u2019s lawsuit sought the dissolution of the Foundation under judicial supervision and with the oversight of the Attorney General&#8217;s Charities Bureau.\u00a0<a rel=\"noreferrer noopener\" href=\"http:\/\/links.govdelivery.com\/track?type=click&amp;enid=ZWFzPTEmbXNpZD0mYXVpZD0mbWFpbGluZ2lkPTIwMTgxMjE4Ljk5MjIwNzgxJm1lc3NhZ2VpZD1NREItUFJELUJVTC0yMDE4MTIxOC45OTIyMDc4MSZkYXRhYmFzZWlkPTEwMDEmc2VyaWFsPTE3MDcyMjI0JmVtYWlsaWQ9bWFyZ29AbTNwbWVkaWEuY29tJnVzZXJpZD1tYXJnb0BtM3BtZWRpYS5jb20mdGFyZ2V0aWQ9JmZsPSZleHRyYT1NdWx0aXZhcmlhdGVJZD0mJiY=&amp;&amp;&amp;102&amp;&amp;&amp;https:\/\/ag.ny.gov\/press-release\/attorney-general-underwood-announces-lawsuit-against-donald-j-trump-foundation-and-its\" target=\"_blank\">The lawsuit<\/a>\u00a0\u2013 which also seeks millions in restitution and penalties, as well as the barring of President Donald J. Trump and his three eldest children from serving on the boards of other New York charities \u2013 remains ongoing.<\/p>\n\n\n\n<p>Underwood released the following statement:<\/p>\n\n\n\n<p><em>\u201cOur petition detailed a shocking pattern of\u00a0illegality involving the Trump Foundation \u2013 including unlawful\u00a0coordination with the Trump presidential campaign, repeated and willful self-dealing, and much more.\u00a0This amounted to the Trump Foundation functioning as little more than a checkbook to serve Mr. Trump\u2019s business and political interests.<\/em><\/p>\n\n\n\n<p><em>\u201cToday\u2019s stipulation accomplishes a key piece of the relief sought in our lawsuit earlier this year. Under the terms, the Trump Foundation can only dissolve under judicial supervision \u2013 and it can only distribute its remaining charitable assets to reputable organizations approved by my office.<\/em><\/p>\n\n\n\n<p><em>\u201cThis is an important\u00a0victory\u00a0for the rule of law, making clear that there is one set of rules for everyone. We\u2019ll continue to move our suit forward to ensure that the Trump Foundation and its directors are held to account for their clear and repeated violations of state and federal law.\u201d<\/em><\/p>\n\n\n\n<p>The Attorney General filed the stipulation with the court Dec.\n18, 2018; it is awaiting the judge\u2019s signature.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Underwood announces\u00a0stipulation dissolving\u00a0Trump Foundation under judicial supervision, with AG review of recipient charities Attorney General Barbara D. Underwood announced that following a court decision in favor of the Attorney General\u00a0the Trump Foundation has\u00a0signed a stipulation agreeing to\u00a0dissolve under judicial supervision, with review and approval by the attorney general of proposed recipient charities\u00a0of\u00a0the Foundation\u2019s remaining assets.\u00a0 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":93740,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32,8],"tags":[],"class_list":["post-98436","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crime","category-top-story"],"_links":{"self":[{"href":"https:\/\/madisoncountycourier.com\/index.php?rest_route=\/wp\/v2\/posts\/98436","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/madisoncountycourier.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/madisoncountycourier.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/madisoncountycourier.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/madisoncountycourier.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=98436"}],"version-history":[{"count":0,"href":"https:\/\/madisoncountycourier.com\/index.php?rest_route=\/wp\/v2\/posts\/98436\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/madisoncountycourier.com\/index.php?rest_route=\/wp\/v2\/media\/93740"}],"wp:attachment":[{"href":"https:\/\/madisoncountycourier.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=98436"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/madisoncountycourier.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=98436"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/madisoncountycourier.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=98436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}