Aug 20, 2020 · Here’s an overview of where the President’s 100,000 quarterly paycheck donations went since his first term in office to date: 2017 first quarter: donated to The Department of the Interior for The National Park Service, for the preservation, security and maintenance projects of the nation’s 25 battlefields.
Forbes reports Trump’s net worth as of July 9 at $2.1 billion, making him the first president to be a billionaire. When Trump announced his decision to forgo a salary, critics expressed doubt because presidents are required to be compensated for their work. To get around this, Trump takes $1 each year from his paychecks.
Trump still earns money. Trump still profits off property he owns, including the Trump International Hotel in Washington and Trump Tower in New York . He also earns money from the rights to a U.K. television spinoff of "The Apprentice" and various properties in the United Arab Emirates, Indonesia, Scotland and the Philippines.
Trump has donated his presidential salary. Trump is not the first president to donate his salary. Former Presidents John F. Kennedy and Herbert Hoover, both wealthy before they took office, donated all their earnings.
Trump’s first-quarter 2017 salary donation to the National Park Service was for $78,333, likely his take-home pay after taxes. The Park Service said an anonymous donor gave $22,000 to round the donation up to $100,000.
President Trump donated at least $1.4 million of the $1.6 million he earned as president to various federal agencies.
In 2018, President Trump gave: Q1: $100,000 to the Veteran’s Administration for “caregiver support in the form of mental health and peer support programs, financial aid, education training, and research.”.
In 2018, Trump donated his first-quarter salary to the Department of Veteran Affairs for caregiving programs, according to The Hill. The Small Business Administration and National Institutes of Health were the recipients of his second- and third-quarter salaries, USA Today reported.
In 2017, Trump donated his first-quarter salary to the National Park Service. The Department of the Interior announced in a July 2017 statement that it would fund restoration projects at Maryland’s Antietam National Battlefield. Those funds, however, did not go toward the Antietam National Cemetery, according to a spokesperson from ...