The Daily Beast: Donald Trump’s Inaugural Committee Still Won’t Say What It’s Doing With Its Leftover Money
Representatives for President Donald Trump’s inaugural committee still won’t say what the committee did—or plans to do—with the tens of millions of dollars it pledged to charity last year. And it may be many more months until the public finally knows.
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The committee doesn’t have to wait for a 990 filing to say where it directed leftover funds, noted Brendan Fischer, the director of federal and FEC reform programs at the Campaign Legal Center, an ethics group. “Even if the inaugural committee does need more time to file its 990, there is nothing stopping it from voluntarily disclosing how it spent the leftover funds, and whether any money went to charity,” he said in an email. “Tom Barrack said the inaugural committee would disclose charitable contributions in Fall,” Fischer added, “then pushed the deadline back to November, and now here we are in February and the public still has no idea how the inaugural committee spent $107 million.”
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The committee’s finances likely aren’t particularly complex, Fischer said. “Considering that the inaugural committee’s only job was to put on a few parties in January 2017, it is difficult to see why it should need any extensions” to its IRS filing deadline.