The Washington Post discovered this unusual payment — a charity apparently buying sports memorabilia for a super-wealthy man — this week, during a review of Trump's charitable giving.
Afterward, three experts on tax law questioned whether Trump had violated IRS rules against "self-dealing" — which are designed to keep nonprofit officials from using their charities to help themselves.
Those rules ban the "furnishing of goods" by private foundations — like Trump's — to their own officers. If the rule is broken, the person who breaks it must notify the IRS and may have to pay a tax penalty. There could also be penalties for signing a tax return that failed to mention the violation. In 2012, the tax return for Trump's foundation checked the boxes for "no," it did not break the self-dealing rule.
But did it?
The answer may depend on what became of the helmet and jersey.
Read the rest of the sordid tale at the Washington Post.