Transcript for Eric Trump funneled charity money to his business: report
Now to that blockbuster new report raising questions about the trump organization and charity golf events that were meant to raise money for children with cancer. Our chief national correspondent Tom llamas is here with new reporting on this. Good morning, Tom. Reporter: Amy, good morning to you. Eric Trump coming out very strong in defense of his foundation but this morning we have some of the charity's financial documents that are raising questions. ??? We're not going to take it anymore ??? Reporter: That's twisted sister rocking out with the trump family in 2015, even the president jamming. According to an Eric Trump foundation promotional video, this all happened in the name of charity. One girl paid $50,000 to see my father, myself and ivanka go up on stage with Dee snider. Reporter: Those charity events for his foundation were quite the blow-outs starting with golf on trump courses, hooters girls on the greens and nighttime fun with acts like comedian Lisa lampanelli. Are you giving birth right now because thatould be Up. Wow. Score. Reporter: The events raising millions for St. Jude's children research hospital to help kids fight cancer. At St. Jude's our family never sees a bill. Reporter: But this morning, Eric Trump is defending his charitable foundation against accusations he was self-dealing to the trump organization. I raised $16.3 million for the greatest hospital in the world at St. Jude's and I get attacked for it. Reporter: "Forbes" reports hundreds of thousands went to the trump family business despite Eric saying many of the costs would be covered by the trumps. We're able to come up with the concept of raising a lot of money with really no expense and again it's because we were incurring the expenses and taking on the expense as trump. We were using our own facility. Reporter: In question why the golf invitational expenses ballooned from $59,000 in 2012 to 2$230,000 the next year and 242,000 in 2014. The irs filings don't list what they spent the money on, just a bulk amount. ABC news has learned the foundation raised more than a million dollars each of those years for St. Jude's but their biggest haul was 2012 when their expenses were the lowest. The accounting here is not clear at all. Which makes it very difficult to see what they were actually paying. Gives it to St. Jude's, so I'm very proud of Eric. Reporter: "Forbes" says problems started when Donald Trump allegedly demanded the foundation be charged for use of the facilities. Donald came in and said, you know what, we're going to start billing you guys. Even though this is a charity event even though this is for kids with cancer we want you to guys to pay. Reporter: Now, Eric Trump has already released a statement that I'll put on the screen saying in part contrary to recent reports at no time did the trump organization profit in any way from the foundation or any of its activities. We also want to mention there is a surgery and an icu center named in Eric Trump's foundation for his pledge to raise $20 million for that hospital.
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