[95]

Trump University
Main article: Trump University
In 2004, Trump co-founded Trump University, a company that sold real estate training courses priced from $1,500 to $35,000.[96] After New York State authorities notified the company that its use of the word "university" violated state law (as it was not an academic institution), its name was changed to Trump Entrepreneur Initiative in 2010.[97]
In 2013, the State of New York filed a $40 million civil suit against Trump University, alleging that the company made false statements and defrauded consumers.[98] In addition, two class actions were filed in federal court against Trump and his companies. Internal documents revealed that employees were instructed to use a hard-sell approach, and former employees testified that Trump University had defrauded or lied to its students.[99][100][101] Shortly after he won the 2016 presidential election, Trump agreed to pay a total of $25 million to settle the three cases.[102]

Foundation
Main article: Donald J. Trump Foundation
The Donald J. Trump Foundation was a private foundation established in 1988.