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By Christianna Silva
Staff Writer
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President Donald Trump's charitable foundation, which he never donated to, is finally in the process of being shut down.
In a statement received by NBC News, a spokesperson for the Trump Foundation confirmed that it is being shuttered. "The foundation continues to cooperate with the New York Attorney General's Charities Division, and as previously announced by the President, his advisers are working with the Charities Division to wind up the affairs of the Foundation," the statement reads.
"The Foundation looks forward to distributing its remaining assets at the earliest possible time to aid numerous worthy charitable organizations," the statement adds.
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The foundation can't close yet, though, because it is still under investigation by the New York Attorney General's Office. The investigation must be completed before finally closing it down.
The Washington Post reported that the Trump Foundation transferred "income or assets to a disqualified person." That disqualified person could be Trump, his family or his businesses, The Post reported.
Last December, Trump pledged he would shut down his foundation to avoid conflicts of interest. In 2016, it became clear that his charity violated federal rules on "self-dealing," in which nonprofit leaders give some of their charity's money to themselves, their businesses or their families. The foundation stopped attempting to receive donations in October 2016.
By the end of 2016, the Trump Foundation was worth about $970,000, according to NBC News.
Donald Trump, who could have funneled money from his charity into his pocket, has been under fire for not donating to the charity himself.
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