Trump inaugural committee has yet to give funds to charity despite pledge: report
President Trump’s inaugural committee has yet to donate leftover money from the ceremony to charity despite its pledge to do so, according to a new report.
The Associated Press reported Friday that Trump’s inaugural committee, chaired by Tom Barrack, is months behind previous administrations and may not have completed an external audit of its finances in the months since the celebration.
Sources told the AP that they were “unaware” of a third-party audit of the committee’s post-inauguration finances, despite a statement Barrack made to the AP in June in which he stated that “a full and clean external audit has been conducted and completed.”
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Trump’s inaugural committee raised at least $107 million for the January concerts, balls and other celebrations. But months after the events, it could not provide a figure for its remaining funds, which is traditionally donated to charity.
Previous inaugural committees had begun the process of giving away money within three months, the AP reported.
Other sources described the committee as disorganized and chaotic, and charged that officials wildly overspent on celebrations, including an opening concert featuring Toby Keith and Three Doors Down that reportedly cost as much as $25 million.
“They blew out their budgets on so many things,” said one source.
“I couldn’t tell you how we possibly could have spent $25 million on a concert,” Steve Kerrigan, head of President Barack Obama’s 2013 inaugural committee responded to the AP when presented with that figure.
Barrack told the AP in a recent statement that donations from the 2017 committee “surely will exceed any previous inauguration” and praised the high amount of money the committee was able to raise. He said the committee would publicly disclose financial details at the end of November.
“Our ability to raise more private funding than any inaugural committee before is a tribute to the generosity of the American people and their excitement to “make America great again,” Barrack said earlier in September.
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