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I guess the real question is, were the contributors donate their money towards children's cancer research or the Trump Club?
If the money is giving for children's cancer research, that's money that is being given for children, no matter who helped raise the money or bring awareness to the topic.
Taking/redistributing (or whatever you wanna call it) money for another group with which it's contributor didn't want it to go is pretty bad, especially if it's to serve personal interests.
Would you like it if you wanted cable TV, paid money for it, and it got redistributed to Dish and you had to accept their service? It's the same shit. Their paying to help cancer research, not the Avarice Golf Club and Affiliates 20th Semi-Annual Golf Tournament.
If Trump donated $1M and $250K went to Trump Club, it's not the other peoples' money involved.
It's not like having a Global Initiative, and using the donations to hire your friends, keep your presidential ambitions and staff together, pay for traveling the world, renting whole floors of the most expensive hotels, private jets, and so on.