Trump Foundation dissolves under court supervision over 'shocking pattern of illegality'
New York Attorney General Barbara Underwood announced on December 18, 2018 that the Donald J. Trump Foundation agreed to dissolve under judicial supervision, with a court required to approve which charities receive its remaining roughly $1.7 million in assets. The stipulation followed Underwood's civil suit accusing the foundation of a "shocking pattern of illegality," including unlawful coordination with Trump's 2016 campaign and repeated self-dealing that, in Underwood's words, let it function as "little more than a checkbook to serve Mr. Trump's business and political interests." The dissolution did not resolve the broader suit, which continued to seek $2.8 million in restitution and a bar on Trump and his three eldest children serving on the boards of other New York charities. The next day, Trump tweeted that the foundation "has done great work" and called the attorney general's office's pursuit of the case "a total double standard of 'justice,'" without addressing the self-dealing findings.