WEST PALM BEACH, Fla. (TheBlaze/AP) — President-elect Donald Trump says he will dissolve the Donald J. Trump Foundation amid efforts to eliminate any conflicts of interest before he takes office next month.
Trump said in a statement Saturday that his charitable foundation "has done enormous good works over the years in contributing millions of dollars to countless worthy groups, including supporting veterans, law enforcement officers and children."
"However, to avoid even the appearance of any conflict with my role as President, I have decided to continue to pursue my strong interest in philanthropy in other ways," Trump added, according to CNN, without elaborating on how he will continue to pursue his philanthropic interests.
Trump said he's directed his counsel to take the necessary steps to implement the dissolution.
The revelation comes a day after Trump lamented the fact that his son Eric would be stepping away from his charitable foundation due to conflicts of interest.
