Report: Trump moves to dissolve charitable foundation

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President Trump is beginning to take steps to dissolve his charitable foundation, NBC News reported Monday.

“The foundation announced its intent to dissolve and is seeking approval to distribute its remaining funds” to other charities, according to NBC’s review of the Trump Foundation’s 2016 Internal Revenue Service documents that were filed this month. The foundation uploaded the records to the website of charity watchdog Guidestar.org, according to the report.

The gradual disbanding of the Donald J. Trump Foundation falls in line with Trump’s pledge last December to distance himself from it to avoid any possible conflicts of interest that could arise from overseeing a charity foundation while president.

[contentcards url=”http://thehill.com/homenews/administration/361281-trump-takes-steps-to-dissolve-charitable-foundation” target=”_blank”]
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