Today, the leaders of several of the nation\u2019s largest philanthropic networks, foundations, and advisors along with individual donors issued the following message to the leadership of Fidelity Charitable, Vanguard Charitable, and Charles Schwab Affiliate DAFgiving360:<\/em><\/p>\n\n\n\n As individual philanthropists, foundations, and organizations that advise philanthropic giving on behalf of individual donors, labor unions, and foundations whose members and clients include thousands of Fidelity Charitable, Vanguard Charitable, and DAFgiving360 account holders, we write to you with deep concern about your decision to cease processing donations to the Southern Poverty Law Center (SPLC).<\/p>\n\n\n\n It is not coincidental that SPLC, an organization that has been fighting for civil rights, racial justice, and democratic equality in this country for more than 50 years was targeted. The administration\u2019s politically motivated and retaliatory charges on the SPLC are part of a broader effort to suppress perceived political and ideological opponents across civil society \u2013 especially those confronting white supremacist violence, advancing racial justice, and upholding civil rights. By acting without adjudicated facts, institutions risk moving away from their role as responsible stewards of charitable funds and toward a form of preemptive institutional compliance that enables the use of state power to silence dissent by targeting civil society organizations. <\/p>\n\n\n\n Donor advised funds exist to channel charitable giving to organizations donors have chosen. At the precise moment when philanthropic resources should be flowing towards racial justice, civil rights and civil society organizations to help respond to these politicized attacks, you are standing in the way. While this may be politically expedient, it sets a dangerous and unacceptable precedent across philanthropy and civil society.<\/p>\n\n\n\n We ask Fidelity Charitable, Vanguard Charitable, and DAFgiving360 to reverse this decision, immediately restore the ability of donors to make grants to Southern Poverty Law Center, and reaffirm your commitment to respecting donor intent. Should your institutions continue to capitulate to the administration\u2019s pressure tactics, we will be prepared to advise our members, clients, stakeholders, and advisors to reconsider their relationships and investments with your institutions. <\/p>\n\n\n\n Your choices have important consequences for our democracy. It is not too late to make the right one. <\/p>\n\n\n\n Signed, <\/p>\n\n\n\n [As of May 8, 2026]<\/p>\n\n\n\n Abacus Wealth Partners<\/p>\n\n\n\n Bryn Adams<\/p>\n\n\n\n Yvonne Adams<\/p>\n\n\n\n Elise Ammondson<\/p>\n\n\n\n Asian Americans\/Pacific Islanders in Philanthropy (AAPIP)<\/p>\n\n\n\n Owen Berson<\/p>\n\n\n\n Shari D. Behnke<\/p>\n\n\n\n Brighton Jones<\/p>\n\n\n\n Joelle Chase <\/p>\n\n\n\n Jazmin Chavez <\/p>\n\n\n\n Lisa Cooper<\/p>\n\n\n\n Camino Impact Partners LLC<\/p>\n\n\n\n Chicory Wealth<\/p>\n\n\n\n Colorado Health Foundation<\/p>\n\n\n\n Common Counsel Foundation<\/p>\n\n\n\n DAF Commons<\/p>\n\n\n\n Community Foundation for South Central NY<\/p>\n\n\n\n Cody Cowan, Cowan Family Foundation<\/p>\n\n\n\n Democracy Alliance<\/p>\n\n\n\n Sonja Diaz, Founder, Unseen<\/p>\n\n\n\n Andrew Dressel <\/p>\n\n\n\n Tom Ellicott & Kevin Palmer <\/p>\n\n\n\n Janet Epstein<\/p>\n\n\n\n Harold Erdman<\/p>\n\n\n\n Betsy Fairbanks<\/p>\n\n\n\n Figure 8 Investment Strategies<\/p>\n\n\n\n Forward Global<\/p>\n\n\n\n Patricia G. Foschi<\/p>\n\n\n\n Catherine Crystal Foster<\/p>\n\n\n\n Rachel Fritzler<\/p>\n\n\n\n Funders’ Committee for Civic Participation (FCCP)<\/p>\n\n\n\n Funders Together For Housing Justice<\/p>\n\n\n\n Marshall Glickman and Margaret Wimberger Fund<\/p>\n\n\n\n Jordan Goldwarg<\/p>\n\n\n\n Van Gosse<\/p>\n\n\n\n Grantmakers Concerned with Immigrants and Refugees<\/p>\n\n\n\n Groundswell Fund<\/p>\n\n\n\n Growth for Good<\/p>\n\n\n\n Greg Gunn, Fidelity DAF Client<\/p>\n\n\n\n Paul Haible<\/p>\n\n\n\n #HalfMyDAF<\/p>\n\n\n\n James Harkness<\/p>\n\n\n\n Haymarket People’s Fund<\/p>\n\n\n\n Hispanics in Philanthropy <\/p>\n\n\n\n Jon Hokama & Associates, Founder; Vanguard DAF client<\/p>\n\n\n\n Hopewell Fund<\/p>\n\n\n\n Polly Hoppin and Robert Thomas<\/p>\n\n\n\n Horizons Foundation <\/p>\n\n\n\n Eliza Huber-Weiss<\/p>\n\n\n\n Sarah Hufbauer<\/p>\n\n\n\n Hyams Foundation <\/p>\n\n\n\n Justice Funders<\/p>\n\n\n\n Mary Kerr<\/p>\n\n\n\n Kolibri Foundation<\/p>\n\n\n\n Ktisis Capital<\/p>\n\n\n\n Toni Ann Kruse<\/p>\n\n\n\n Leadership Design<\/p>\n\n\n\n Liberation Ventures<\/p>\n\n\n\n Arthur Lipson and Rochelle Kaplan<\/p>\n\n\n\n Macfarlane Charitable Account — Schwab Donor Advised Fund<\/p>\n\n\n\n Litespeed Management, LLC<\/p>\n\n\n\n Beezer de Martelly<\/p>\n\n\n\n Cindy McPherson<\/p>\n\n\n\n Sahana Mehta<\/p>\n\n\n\n Sarah Mele <\/p>\n\n\n\n Mendelsohn, Gittleman & Associates, LLC<\/p>\n\n\n\n Jordyn Middlebrooks<\/p>\n\n\n\n Move Money Shift Power<\/p>\n\n\n\n T. G. Morgan<\/p>\n\n\n\n Movement Strategy Center<\/p>\n\n\n\n Movement Voter Project<\/p>\n\n\n\n Kimberly Myers Hewlett<\/p>\n\n\n\n Grace Nagel<\/p>\n\n\n\n Najam Consulting<\/p>\n\n\n\n National Committee for Responsive Philanthropy<\/p>\n\n\n\n Celine Nehme<\/p>\n\n\n\n NEO Philanthropy<\/p>\n\n\n\n New Venture Fund<\/p>\n\n\n\n Nia Community Foundation<\/p>\n\n\n\n Nia Impact Capital<\/p>\n\n\n\n North Star Fund<\/p>\n\n\n\n NorthStar Asset Management<\/p>\n\n\n\n Obran Capital Advisors<\/p>\n\n\n\n One Drop Fund<\/p>\n\n\n\n Susan Orkin<\/p>\n\n\n\n Larry Ottinger, Schwab DAF client, Fidelity investment accounts, President, Ottinger Foundation<\/p>\n\n\n\n P150<\/p>\n\n\n\n People\u2019s Support Foundation<\/p>\n\n\n\n Philanthropic Initiative for Racial Equity (PRE)<\/p>\n\n\n\n Mike Pratt, Scherman Foundation<\/p>\n\n\n\n Pro-Democracy Center<\/p>\n\n\n\n Racial Justice Investing Coalition<\/p>\n\n\n\n Catherine Raphael <\/p>\n\n\n\n Reimagine Wealth LLC<\/p>\n\n\n\n Resource Generation<\/p>\n\n\n\n Adam Roberts, Philanthropic Advisor and DAF holder <\/p>\n\n\n\n Rebecca Rockefeller Lambert<\/p>\n\n\n\n Abigail Rome<\/p>\n\n\n\n Jennie Rosenthal<\/p>\n\n\n\n Gena Rotstein<\/p>\n\n\n\n Resurgens Impact Consulting<\/p>\n\n\n\n Sendhil Revuluri<\/p>\n\n\n\n Mack Schroeder<\/p>\n\n\n\n Lisa Shields<\/p>\n\n\n\n Burke Stansbury, Stansbury Family Foundation<\/p>\n\n\n\n Allison Thomas<\/p>\n\n\n\n Saltbox Financial LLC<\/p>\n\n\n\n Sona Smith<\/p>\n\n\n\n Social Justice Fund Northwest <\/p>\n\n\n\n Solidaire Network<\/p>\n\n\n\n Strategic Victory Fund<\/p>\n\n\n\n The for dharma and love fund<\/p>\n\n\n\n The Fund for Santa Barbara<\/p>\n\n\n\n The Haven Fund<\/p>\n\n\n\n Emily Scott, The Resiliency Fund<\/p>\n\n\n\n The Starlight Fund<\/p>\n\n\n\n The WhyNot Initiative<\/p>\n\n\n\n Threshold Foundation <\/p>\n\n\n\n Transforming Power Fund, Inc.<\/p>\n\n\n\n Sam Vance<\/p>\n\n\n\n Hilda Vega, Other Suns Philanthropy<\/p>\n\n\n\n VIVA Strategy<\/p>\n\n\n\n Voices for Progress<\/p>\n\n\n\n Wendy Volkmann<\/p>\n\n\n\n Julia Von Alexander<\/p>\n\n\n\n Wallace Global Fund<\/p>\n\n\n\n Way to Rise<\/p>\n\n\n\n Chris Westcott<\/p>\n\n\n\n Sage Wheeler<\/p>\n\n\n\n Jason Wiener p.c., a public benefit corporation<\/p>\n\n\n\n Brooke Williams <\/p>\n\n\n\n Erin Lynn Williams<\/p>\n\n\n\n Willow Action LLC \/ Willow Redistribution Foundation<\/p>\n\n\n\n Willow Fund<\/p>\n\n\n\n Windward Fund<\/p>\n\n\n\n Women Donors Network<\/p>\n\n\n\n Xancharlize Ventures<\/p>\n\n\n\n Yen Chuang Foundation<\/p>\n\n\n\n Zapleap Philanthropic Fund<\/p>\n\n\n\n Zevin Asset Management<\/p>\n\n\n\n Individual Advisor, DAF with Charlottesville Area Community Foundation <\/p>\n\n\n\n Private individual, Fidelity DAF client<\/p>\n\n\n\n Private individual, Fidelity DAF client<\/p>\n\n\n\n Private individual, Fidelity DAF client<\/p>\n\n\n\n Private Individual, DAF Holder<\/p>\n\n\n\n Private individual, DAF Holder<\/p>\n\n\n\n [additional individuals\/orgs to be added]<\/strong><\/p>\n The post Major Donors, Donor Networks, and Foundations Call on Fidelity, Vanguard, and Charles Schwab to Reverse Harmful Capitulation to Administration\u2019s Politicized Attack on Southern Poverty Law Center<\/a> appeared first on Democracy Alliance<\/a>.<\/p>\r\n
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