Trump to return $12,000 signed Tim Tebow helmet after foundation agrees to dissolve

President Donald Trump will have to give up a Broncos helmet worn and signed by Tim Tebow as part of a settlement in which he agreed to shut down his Donald J. Trump Foundation.

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The Washington Post reported that in 2012, Trump didn't bid $12,000 of his own money for the helmet. The 2016 report said he used money from the Donald J. Trump Foundation, his nonprofit charity that was largely funded with other people's money. Trump won the helmet at the 30th anniversary gala of the Susan G. Komen for the Cure.

Related: Trump Foundation agrees to dissolve under judicial supervision, New York AG says

The helmet, along with the remaining assets of the foundation, will be sold and proceeds will be donated following New York Attorney General Barbara Underwood's announcement that Trump agreed to shut down his foundation. The Tuesday announcement came amid allegations that Trump and his children used the foundation for their own profit.

It is not clear where the helmet is currently located, according to The Post.

Credit: Gustavo Caballero/Getty Images, Mark Wilson/Getty Images

Credit: Gustavo Caballero/Getty Images, Mark Wilson/Getty Images

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