Trump’s lawyers explain why his foundation spent ten grand on a portrait of Trump

I hate to admit it, but they are correct in that he did nothing wrong in this specific case.

Trump donated the portrait to a charity auction, and placed a seed bid. When nobody bid on the obvious white elephant, the foundation was forced to honor its seed bid. The $10,000 went to the Unicorn Foundation, so it was basically just a charitable donation, which is theoretically why the Trump Foundation exists.

The suit, however, is about much more than this specific case. Trump Foundation money was (allegedly) also used to pay off his creditors, decorate one of his golf clubs with the portrait, and boost his presidential campaign.