Thursday, February 15, 2018

Trump's Inaugural Committee Raised $107 Million


And the tax return for the committee indicates that roughly a quarter was spent on the company that organized the whole thing, a large chunk was spent on bloated salaries for the committee and staff and the requisite bling and fully $26 Million was paid to a company created in Dec 2016 and run by an adviser to Melania Trump.
President Trump’s inaugural committee paid nearly $26 million to an event planning firm started by an adviser to the first lady, Melania Trump, while donating $5 million — less than expected — to charity, according to tax filings released on Thursday.

The nonprofit group that oversaw Mr. Trump’s inauguration and surrounding events in January 2017, the 58th Presidential Inaugural Committee, had been under pressure from liberal government watchdog groups to reveal how it spent the record $107 million it had raised from wealthy donors and corporations.

Its chairman, Thomas J. Barrack Jr., a longtime friend of Mr. Trump, had pledged that the committee would be thrifty with its spending, and would donate leftover funds to charity.

But the mandatory tax return it filed with the Internal Revenue Service indicates that the group’s charitable donations included only an already publicized $3 million for hurricane relief, plus a total of $1.75 million to groups involved in decorating and maintaining the White House and the vice president’s residence.

The 116-page filing indicates that the overwhelming majority of the funds went toward expenses related to the inauguration, with the biggest share — nearly $51 million — split roughly evenly between two companies.

One of the companies, WIS Media Partners of Marina del Rey, California, was created by a longtime friend of Mrs. Trump, Stephanie Winston Wolkoff, according to a person familiar with the firm. Records show that the firm was created in December 2016, but otherwise there is very little information available about it.

Ms. Winston Wolkoff made her name planning Manhattan society galas and has subsequently been brought on as a senior adviser to the first lady’s official government office.

Stephanie Grisham, a spokeswoman for Mrs. Trump, said that the first lady “had no involvement” with the inaugural committee, “and had no knowledge of how funds were spent.”

Ms. Winston Wolkoff is not paid for her work in the first lady’s office, according to Ms. Grisham, who said Ms. Winston Wolkoff is classified as “a special government employee.”

Much of the money paid to Ms. Winston Wolkoff’s firm and other event production companies likely was passed through to other vendors who provided goods or services on a subcontractor basis.

Ms. Winston Wolkoff personally received $1.62 million for her work, according to one official from the inaugural committee, who spoke on the condition of anonymity because the official was not authorized to discuss the details publicly. The official said that Ms. Winston Wolkoff’s firm paid the team used by Mark Burnett, the creator of “The Apprentice,” whose involvement in the inaugural festivities was requested by Mr. Trump.
In the event that any planning was done, it is nice that they left a residue for charity when they were finished.

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