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Trump Foundation to Dissolve Amid Ongoing Lawsuit

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Trump Foundation to Dissolve Amid Ongoing Lawsuit

Trump Foundation to Dissolve Amid Ongoing Lawsuit

Trump Foundation to Dissolve Amid Ongoing Lawsuit The move resolves one element of NY Attorney General Barbara Underwood's civil lawsuit against the foundation.

In the filing, Underwood claims Trump and his three eldest children violated campaign finance laws and abused its tax-exempt status.

The agreement to dissolve allows the attorney general's office to review the recipients of the charity's assets.

New York Attorney General Barbara Underwood, via statement The lawsuit will continue in court because it also seeks $2.8 million in restitution and a ban on the president and his kids from serving on the board of any other New York nonprofits.

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