Op-Ed: Donor-Advised Funds Must Stop Supporting Hate
Without stronger giving policies, national charities will continue to funnel money to hate groups.
Without stronger giving policies, national charities will continue to funnel money to hate groups.
A charitable nonprofit linked to Fidelity Investments has donated at least $100,000 to the New Century Foundation, the organization behind white nationalist publication American Renaissance, since mid-2015.
The Foundation for the Carolinas says it “supports the needs of immigrants” but gave $1.9 million to the Center for Immigration Studies, which promotes white nationalist ideas, from 2015-18.
More than 20 philanthropists, foundations, and donor-advised fund providers launched their “Hate Is Not Charitable” campaign on March 20.
The National Christian Foundation passed along $56 million from anonymous individuals to nearly two dozen anti-LGBT and anti-Muslim hate groups over the last three years on record.
Four giant donor-advised funds gave the hate group Clarion Project $4.4 million from mid-2014 through 2017.
Four donor-advised funds, which create accounts for individuals to anonymously give money to nonprofits, are financing more than 30 anti-Muslim, anti-LGBT, and other hate groups.