Then to see Fidelity take a political stand - well, given my terrible experiences with that company, I can't say I'm surprised.
https://blog.charitywatch.org/the-dark-side-of-donor-advised...
I wonder if Fidelity is putting a similar restriction on those age 70 and above who wish to make a Qualified Charitable Distribution (QCD) from their Traditional IRA to Southern Poverty Law Center. This would be even worse, since it is not Fidelity's job to audit the charitable deductions made via QCDs.
The SPLC has been out of control for a long time. They’ve been sued by Black employees and women, for being racist and sexist in employment practices. Gay employees have publicly complained also.
The SPLC started calling religious organizations hate groups, which led to a disassociation by the FBI.
It’s been recently revealed that the SPLC gave 3 million dollars to racist groups, ostensibly under the guise of paying ‘informants’. It seems very likely the money trail will show the 3 million went into funding for publicly viewed racist activities ( which would of course be fantastic publicity for SPLC fundraising ).
There is enough smoke here to safely assume there’s a fire. The SPLC needs replacement.
Your "guess" is not the stated reason. FTA:
>“Consistent with our grant-making standards and practices, the organization is not an eligible grant recipient during the ongoing investigation.”
In fact, WRT Fidelity's actual disposition on funding hate groups, the SPLC reported in 2023 that their donor advised fund had been consistently used to that effect, including anti-LGBTQ, anti-government, anti-Muslim, and hard right groups.[0]
[0]https://www.splcenter.org/resources/hatewatch/extremist-cryp...