Trump Foundation to Dissolve Amid Ongoing Lawsuit The move resolves one element of <br />NY Attorney General Barbara Underwood's <br />civil lawsuit against the foundation. In the filing, Underwood claims Trump and his three eldest children violated campaign finance laws and abused its tax-exempt status. The agreement to dissolve allows the attorney general's office to review the recipients of the charity's assets. New York Attorney General Barbara Underwood, <br />via statement The lawsuit will continue in court because it also seeks $2.8 million in restitution and a ban on the president and his kids from serving on the board of any other <br />New York nonprofits.
