With Donald Trump openly complaining about his lack of campaign funds and donations — he’s likely to receive even more negative press after it was revealed he used funds designated for charity — to gift himself a signed present from an SEC legend.
According to The Washington Post — Trump may have violated IRS ruse — by using funds from a charity to purchase a signed Tim Tebow helmet for $12,000.
Four years ago, at a charity fundraiser in Palm Beach, Donald Trump got into a bidding war at the evening’s live auction. The items up for sale: A Denver Broncos helmet, autographed by then-star quarterback Tim Tebow, and a Tebow jersey.
Trump won, eventually, with a bid of $12,000. Afterward, he posed with the helmet. His purchase made gossip-column news: a flourish of generosity, by a mogul with money to burn. “The Donald giveth, and The Donald payeth,” wrote the Palm Beach Daily News. “Blessed be the name of The Donald.”
But Trump didn’t actually pay with his own money.
The funds were from the breast-cancer nonprofit — the Susan G. Komen organization — with Trump not using a dime of his own money — but rather borrowing from his foundation, to pay another.