Legal Defense Fund For Trump Allies Has Spent $478,000 This Year But Next To Nothing On Attorneys' Fees [Forbes]
Comcast Corporation - Class A (CMCSA)
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Source: Forbes
Former President Donald Trump returns to a Manhattan courtroom on Tuesday, the second day of his trial for allegedly covering up hush-money payments linked to extramarital affairs. (Photo by JUSTIN LANE/POOL/AFP via Getty Images) A fund to support the legal expenses of Donald Trump's allies spent $478,000 in the first three months of 2024, but barely any of the money appears to have gone toward attorneys' fees or court costs, according to an IRS filing the group made on Tuesday. The Patriot Legal Defense Fund launched in July 2023 as a tax-exempt political organization “to raise money and pay for or help defray legal expenses related to defending against legal actions arising from an individual or group's participation in the political process,” per an IRS filing . Shortly after the fund was created, multiple outlets reported that its goal was to pay the legal bills of Trump allies and staffers. Of the $478,000 the fund spent in the first quarter of 2024, some $465,000—or 97%
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- 4/26/24 - Form DEFA14A
- 4/25/24 - Form 10-Q
- CMCSA's page on the SEC website