Trump Donates His Salary to Veteran Entrepreneurship Program

Staying true to his word, President Donald Trump has once again donated his salary to charity.

Staying true to his word, President Donald Trump has once again donated his salary to charity. This time he signed over a $100,000 check to help support a program aimed at assisting military veterans to start their own businesses.

Trump donated his second quarter salary to a new Small Business Administration initiative to help veteran entrepreneurs, the White House reported.

According to Military Times:

White House Press Secretary Sarah Sanders announced the donation at a White House briefing on Wednesday. Linda McMahon, head of the Small Business Administration, accepted the $100,000 check, saying the funds “would be put to good use.”

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Agency officials plan to use the money to launch a new seven-month training program for transitioning troops looking at starting their own businesses. The program will be based on the existing Emerging Leaders Initiative, but tailored to veteran-specific needs.

The existing program includes classroom instruction as well as “opportunities for small business owners to work with experienced coaches and mentors, attend workshops, and develop connections.” McMahon called it a significant resource for veterans shifting from military to civilian life.

White House officials requested a fiscal 2019 budget for the SBA of nearly $840 million, but McMahon said the $100,000 donation from the president represented an important contribution to their work.

Last year, Trump donated his second quarter salary to the Department of Education.

At the time, Sarah Huckabee Sanders said, “It’s that time again, as many of you have probably noticed, for us to announce where the president will be donating his quarterly salary,” she continued, “This quarter the president will be donating his salary to the Department of Education.”

Besty DeVos later explained that the donation will be used to fund a science, technology, engineering, and mathematics (STEM) camp. She said, “The president is committed to our nation’s students, and to reforming education in America so that every child, no matter their ZIP code, has access to a high-quality education.”

DeVos also thanked the President, stating that she is grateful for the generous donation.

Follow Warner Todd Huston on Twitter @warnerthuston.

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