In 2010 the Supreme Court ruled in favor of Citizens United, opening the door for unlimited political contributions, essentially turning major political races over to billionaires. Republicans and Democrats now openly agree this has had a major impact on the political process.
Billionaire Donald Trump himself has openly criticized this decision, calling it a disaster for Democracy. During the campaign he has also called opponents, including Marco Rubio and Ted Cruz ,”puppets for their billionaire donors.” Trump is self funding his campaign.
Parish & Company reviews candidates financial information for various news organizations and this post looks at the Donald J Trump foundation. The purpose is not to criticize Mr. Trump but rather articulate key dynamics for these journalists.
Most notable about the foundation is how small it is, with total assets of only $1.3 million.