Schwab Affiliate Halts Customer Donations to Southern Poverty Law Center
Fidelity and Vanguard's donor-advised fund entities, along with a Schwab affiliate, have halted customer donations to the Southern Poverty Law Center following a Justice Department indictment of the civil rights group.
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Schwab Affiliate Halts Customer Donations to Southern Poverty Law Center
Fidelity and Vanguard’s donor-advised fund entities have taken similar actions in the wake of a Justice Department indictment of the civil rights group.
By Ron Lieber
Read full article →Fidelity, Vanguard Halt Donations To SPLC After Federal Indictment
Fidelity, Vanguard Halt Donations To SPLC After Federal Indictment Fidelity and Vanguard have stopped processing donations to the Southern Poverty Law Center through their donor-advised fund platforms, citing the organization’s recent federal indictment on fraud charges. The moves came April 29, eight days after a federal grand jury in Alabama indicted the SPLC on 11 counts of wire fraud, false statements to a bank, and conspiracy to commit money laundering. Prosecutors alleg...
By Tyler Durden
Read full article →Coverage Timeline
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