This is the portrait of Donald Trump that his charity bought for $20,000
In 2007, Donald Trump bought a six foot-tall portrait of himself at a fundraiser auction, and paid with $20,000 from his namesake charity, the Donald J. Trump Foundation.
Now, at last, we can see what he got for his money.
On Tuesday, artist Michael Israel -- the "speed painter" who painted the portrait of Trump -- released the first public photos of the portrait. Israel painted the piece in just five or six frenetic minutes, during a charity gala at Trump's own Mar-a-Lago Club in Palm Beach, Fla.
Afterward, Israel auctioned the portrait off. Trump's wife Melania won the auction, with a bid of $10,000. Then the auctioneer convinced her to double it. Half of the proceeds went to Israel, the painter, and half went to the charity that hosted the event, then called the Children's Place at Home Safe. The charity is now called HomeSafe. It helps children and families harmed by domestic violence.
When a check came, however, it wasn't Trump or his wife who actually paid for the painting. Instead, it was Trump's charity -- which, even by that time, was largely filled with money from other donors, and not from Trump himself.
Tax experts say that if Trump hung the painting up at one of his homes or businesses, he may have violated laws against "self-dealing." Those laws prohibit charity leaders from using money from their nonprofits to buy things for themselves, or for their businesses.
In recent weeks, The Washington Post has reported other instances in which Trump may have violated those rules. He used $258,000 from the foundation to pay off legal settlements that involved his for-profit businesses. He spent $12,000 from the charity's coffers to buy a football helmet signed by then-Denver Broncos quarterback Tim Tebow.
And he spent $10,000 to buy another portrait of himself in 2014. In that case, Trump paid $10,000 for the portrait. It was later found hanging on the wall of a sports bar at Trump's Doral golf resort. A spokesman for Trump, Boris Epshteyn, said later that Trump's business was actually just "storing" the portrait, on the charity's behalf. Tax experts said that does not cut it.
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