A New York judge on Thursday ordered President Donald Trump to pay $2 million to an array of charities to resolve a lawsuit alleging he misused his own charitable foundation to further his political and business interests.
Judge Saliann Scarpulla said Trump breached his fiduciary duty to the Trump Foundation by allowing his campaign staff to plan a fundraiser for veterans’ charities in the run-up to the 2016 Iowa caucuses.
The event, which passed money through Trump’s non-profit, was designed “to further Mr. Trump’s political campaign,” Scarpulla said.
The judge also signed off on agreements reached last month between Trump’s lawyers and the New York attorney general’s office to close the Trump Foundation and distribute about $1.7 million in remaining funds to other nonprofits.
In the agreements, Trump admitted to personally misusing Trump Foundation funds and agreed to pay back $11,525 in the organization’s funds he spent on sports memorabilia and champagne at a charity gala. He also agreed to restrictions on his involvement in other charitable organizations.
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