The Donald J. Trump foundation is being forced by the new attorney general to sell off its remaining assets, including a football helmet signed by legendary former football player Tim Tebow.
Earlier Tuesday, the foundation dissolved under pressure from a lawsuit from the New York attorney general. As part of the agreement, the foundation is being forced to sell off the Tebow-signed Denver Broncos football helmet as well as two paintings of President Trump himself, according to the Washington Post. (RELATED: New York Attorney General Sues Trump Over His Foundation)
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U.S. President Donald Trump claps before speaking at the Heritage Foundations Presidents Club Meeting in Washington, U.S., October 17, 2017. REUTERS/Joshua Roberts – RC181B0762C0
Trump reportedly paid $12,000 for the signed helmet, during the height of Tebow’s NFL career, and paid a combined $30,000 for the paintings.
According to a filing with the IRS, the value of the three items is currently $975.
The agreement with Democratic New York Attorney general Barbara Underwood forces the foundation to dissolve and sell off its assets within the next 30 days.