On Sunday, the internet blew up with Totally Objective reporters and pundits informing us that First Daughter Ivanka Trump’s "fund" was set to receive $100 million from Saudi Arabia and United Arab Emirates.

This is just like the Clinton Foundation! screamed hysterical CNN employees.

Yeah, this is fake news.

The money is actually going toward a fund called Women Entrepreneurs Fund, which is run by the World Bank, not Ivanka. The only thing Ivanka has to with the fund is that she proposed it. The Wall Street Journal reports (emphasis added):

Ms. Trump has made the promotion of women entrepreneurs a signature part of her focus since her father’s inauguration in January. She has advocated for issues such as paid family leave, though the issue has gained little traction in Congress. While she had proposed the idea of the World Bank fund, Ms. Trump doesn’t control it or raise money for it, one person familiar with the plans said.

Again, this is not Ivanka's charity, nor will she monetarily benefit from the donation at all, unlike the Clintons with their scandal-ridden Clinton Foundation.

Still, there has yet to be a correction offered from CNN employees who are spreading the lie about the “Ivanka Fund.” But why let the truth get in the way of a good narrative?

H/T Twitchy