Donald Trump Is The Country’s LEAST Charitable Billionaire [View all]
Full of cheese con man!
Donald Trump is offering to donate $5 million to charity--just so long as President Barack Obama digs up and releases his passport and college records in the next week (to The Donalds satisfaction, of course). So this is what it takes to get the
purported billionaire to act like a philanthropist?
As reported in these pages, the real estate developer is the
countrys least charitable billionaire, a guy who has personally donated a combined $3.7 million to his foundation since 1990. In fact, the largest contributor to the Donald J. Trump Foundation is
not the businessman himself, but rather the World Wrestling Federation, which has given the group $5 million in return for Trumps participation in some WWE promotions. In announcing his $5 million offer to Obama, the 66-year-old Trump suggested that the funds could benefit inner city children in Chicago, AIDS research, or the American Cancer Society.
Trump, of course, never opened his foundations wallet in the wake of tragedies like 9/11, Hurricane Katrina, or the Haiti earthquake.
While he amusingly
refers to himself as an ardent philanthropist, Trumps charitable activities make him the
laughingstock of the uberwealthy. Over the past 21 years, Trumps foundation (principally seeded by WWE money) has donated a
total of $7.7 million.
How cheap is Trump?
Michael Bloomberg, New York Citys billionaire mayor, donated more than $350 million to his foundation in 2010 (the last year for which records are available). The charitable trust established by the late hotelier Leona Helmsley (who Trump delighted in tormenting) has more than $4 billion in assets. In the past two months, the Helmsley trust has made grants in excess of $9 million, more than Trumps foundation has given, in total, since 1990. Shortly after announcing his donation gambit via Facebook and Twitter,
Trump announced that response to his crass PR stunt has been fantastic--- actually overwhelming! Which will come as a relief to those AIDS patients and inner city children in Chicago.
http://www.thesmokinggun.com/buster/donald-trump-publicity-stunt-785624
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