"The Attorney General's office is looking into the issues raised by this report", communications director Eric Soufer said in a statement.
A statement released on behalf of the charity and Eric Trump after the Forbes story appeared said that the foundation has "raised over $16.3 million for St. Jude Children's Research Hospital".
Amanda Miller, who works for the Trump Organization and who identified herself in an emailed response to a Reuters query as a "spokesperson for Eric Trump", said the Eric Trump Foundation would cooperate fully with Schneiderman's office.
Forbes reported that the Eric Trump Foundation, which has suspended operations, paid the Trump family business over the past seven years for use of one of the organization's golf courses, funds which he allegedly said were being donated almost in full to the children's cancer charity.
It was Donald Trump who insisted that the golf course be paid for its use in the charity event, two former board members of the Eric Trump Foundation said.
How the United Kingdom election vote was swung
Nicola Sturgeon , leader of the SNP, said the results were "a disaster for Theresa May ", the BBC reports . It's a long-shot, but Labour leader Jeremy Corbyn could, in theory, form a coalition of minority parties.
According to IRS filings, the Eric Trump Foundation in 2012 skimmed $59,085 from donations to St. Jude's Children's Research Hospital to pay for its annual Golf Invitational fundraiser held at the Trump National Golf Club in Westchester County, New York.
President Trump reportedly gave the order himself for the Trump Organization to bill the Eric Trump Foundation for the money, which, if true, would violate both NY state and federal law. He explained that donors might donate to a specific charity such as St. Jude because they care about children's cancer or supporting that particular hospital, not the other charities.
Eric Trump wasted no time lashing out at critics on Twitter after his charity came under fire following the Forbes report on Tuesday. "The Eric Trump Foundation was also responsible for building a $20 million dollar ICU which treats the sickest children anywhere in the world suffering from the most catastrophic terminal illnesses". Golf charity experts say the listed expenses defy any reasonable cost justification for a one-day golf tournament.
Eric Trump is executive vice president of development and acquisition for the Trump Organization.
Owens said that it is not often that a father and son set of foundations are under investigation by the same AG for misusing assets and interacting with each other in ways which cause the use of assets for non-charitable purposes.
The president's own charity was investigated previous year by Schneiderman after The Washington Post discovered that some donations had been used to settle a lawsuit against the Trump Organization and to purchase a large portrait of Trump that reportedly hangs in one of his golf resorts.
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