From The Washington Post:
President Trump has agreed to shut down his embattled personal charity and give away its remaining funds amid allegations that he used it for his personal and political benefit, the New York attorney general announced Tuesday.
The Post’s reporting showed that, for years, Trump appeared to treat the foundation — which was, by law, an independent entity — as a checkbook for gifts that bolstered his interests.
The largest donation in the foundation’s history — a $264,231 gift to the Central Park Conservancy in 1989 — appeared to benefit Trump’s business: it paid to restore a fountain outside Trump’s Plaza Hotel. The smallest, a $7 foundation gift to the Boy Scouts that same year, appeared to benefit Trump’s family. It matched the amount required to enroll a boy in the Scouts the year that his son Donald Trump Jr. was 11.