NEW YORK -- A New York judge ordered President Donald Trump to pay $2 million to settle a lawsuit alleging he misused his charitable foundation to further his political and business interests.
Judge Saliann Scarpulla also signed off on an agreement Thursday to close the Trump Foundation and distribute about $1.7 million in remaining funds to other nonprofit groups.
A request for comment was emailed to Trump's lawyer.
New York's attorney general filed a lawsuit last year alleging Trump and his family illegally operated the foundation as an extension of his businesses and his presidential campaign.
Attorney General Letitia James had been seeking about $2.8 million in restitution from the president. Scarpulla cut that amount to $2 million.
Foundation lawyers have previously said the lawsuit is politically motivated.
The Trump Foundation spokesperson released the following statement:
"The Trump Foundation is pleased to donate an additional $2 million to the following worthy organizations: Army Emergency Relief; Children's Aid Society; City Meals-on-Wheels; Give an Hour; Martha's Table; United Negro College Fund; United Way of Capital Area; and the U.S. Holocaust Memorial Museum. Since its inception in 1987, the Trump Foundation has distributed over $19 million to hundreds of worthwhile charities with little to no expenses. More than $9 million came directly from President Trump. Following the 2016 presidential election, the Trump Foundation publicly announced its intention to voluntarily dissolve and distribute all of its remaining funds to charity. Unfortunately, that donation was delayed due to the Attorney General's politically motivated lawsuit. We are pleased that the Court, in rejecting the Attorney General's frivolous request for statutory penalties, interest and other damages, recognized that every penny ever raised by the Trump Foundation has gone to help those most in need. Now that this matter is concluded, the Trump Foundation is proud to make this additional contribution."
Judge orders President Trump to pay $2 million for charity foundation misuse
PRESIDENT DONALD TRUMP
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