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May 5, 2026

  • News from the DA
  • Major Donors, Donor Networks, and Foundations Call on Fidelity, Vanguard, and Charles Schwab to Reverse Harmful Capitulation to Administration’s Politicized Attack on Southern Poverty Law Center

    Today, the leaders of several of the nation’s 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:

    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).

    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’s politically motivated and retaliatory charges on the SPLC are part of a broader effort to suppress perceived political and ideological opponents across civil society – 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. 

    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.

    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’s pressure tactics, we will be prepared to advise our members, clients, stakeholders, and advisors to reconsider their relationships and investments with your institutions. 

    Your choices have important consequences for our democracy. It is not too late to make the right one. 

    Signed,

    [As of June 11, 2026]

    Abacus Wealth Partners

    Bryn Adams

    Yvonne Adams

    Elise Ammondson

    Asian Americans/Pacific Islanders in Philanthropy (AAPIP)

    Susan Benford

    Owen Berson

    Shari D. Behnke

    Amy Borak

    Brighton Jones

    Joelle Chase 

    Jazmin Chavez 

    Lisa Cooper

    Camino Impact Partners LLC

    Chicory Wealth

    Colorado Health Foundation

    Common Counsel Foundation

    DAF Commons

    Community Foundation for South Central NY

    Cody Cowan, Cowan Family Foundation

    Democracy Alliance

    Expert Philanthropy, LLC

    Sonja Diaz, Founder, Unseen

    Andrew Dressel 

    Tom Ellicott & Kevin Palmer 

    Janet Epstein

    Harold Erdman

    Betsy Fairbanks

    Figure 8 Investment Strategies

    Forward Global

    Patricia G. Foschi

    Catherine Crystal Foster

    Rachel Fritzler

    Funders’ Committee for Civic Participation (FCCP)

    Funders Together For Housing Justice

    Walter Furness

    Lucas Garrett

    Marshall Glickman and Margaret Wimberger Fund

    Jordan Goldwarg

    Van Gosse

    Grantmakers Concerned with Immigrants and Refugees

    Groundswell Fund

    Growth for Good

    Greg Gunn, Fidelity DAF Client

    Paul Haible

    #HalfMyDAF

    James Harkness

    Haymarket People’s Fund

    Hispanics in Philanthropy 

    Jon Hokama & Associates, Founder; Vanguard DAF client

    Hopewell Fund

    Polly Hoppin and Robert Thomas

    Horizons Foundation 

    Eliza Huber-Weiss

    Sarah Hufbauer

    Hyams Foundation 

    Impact Philanthropy LLC

    Jason & Fischer

    Justice Funders

    Mary Kerr

    Kileen H Marshall Consulting LLC

    Kolibri Foundation

    Ktisis Capital

    Toni Ann Kruse

    Leadership Design

    Liberation Ventures

    Mac Liman

    Arthur Lipson and Rochelle Kaplan

    Ross and Lisa Macfarlane

    Macfarlane Charitable Account — Schwab Donor Advised Fund

    Litespeed Management, LLC

    Beezer de Martelly

    Cindy McPherson

    Sahana Mehta

    Sarah Mele 

    Mendelsohn, Gittleman & Associates, LLC

    Jordyn Middlebrooks

    Move Money Shift Power

    T. G. Morgan

    Movement Strategy Center

    Movement Voter Project

    Kimberly Myers Hewlett

    Grace Nagel

    Najam Consulting

    National Committee for Responsive Philanthropy

    Natural Investments PBLLC

    Celine Nehme

    NEO Philanthropy

    New Venture Fund

    Nia Community Foundation

    Nia Impact Capital

    North Star Fund

    NorthStar Asset Management

    Obran Capital Advisors

    Tema Okun

    One Drop Fund

    Susan Orkin

    Larry Ottinger, Schwab DAF client, Fidelity investment accounts, President, Ottinger Foundation

    P150

    People’s Support Foundation

    Philanthropic Initiative for Racial Equity (PRE)

    Mike Pratt, Scherman Foundation

    Pro-Democracy Center

    Rachel’s Network

    Racial Justice Investing Coalition

    Claire Raffel

    Catherine Raphael 

    Reimagine Wealth LLC

    Renton Regional Community Foundation

    Resource Generation

    Adam Roberts, Philanthropic Advisor and DAF holder 

    Rebecca Rockefeller Lambert

    Abigail Rome

    Jennie Rosenthal

    Gena Rotstein

    Resurgens Impact Consulting

    Sendhil Revuluri

    Mack Schroeder

    Lisa Shields

    Burke Stansbury, Stansbury Family Foundation

    Allison Thomas

    Saltbox Financial LLC

    Camille Saunders

    Sona Smith

    Social Justice Fund Northwest 

    Solidaire Network

    Strategic Victory Fund

    The for dharma and love fund

    The Fund for Santa Barbara

    The Haven Fund

    The Impact Collective

    Emily Scott, The Resiliency Fund

    The Starlight Fund

    The WhyNot Initiative

    Threshold Foundation 

    Transforming Power Fund, Inc.

    Sam Vance

    Hilda Vega, Other Suns Philanthropy

    Tara Venkatraman

    Uma Venkatraman 

    VIVA Strategy

    Voices for Progress

    Wendy Volkmann

    Julia Von Alexander

    Voyager Philanthropy LLC

    Wallace Global Fund

    Way to Rise

    Chris Westcott

    Sage Wheeler

    Jason Wiener p.c., a public benefit corporation

    Brooke Williams 

    Erin Lynn Williams

    Willow Action LLC / Willow Redistribution Foundation

    Willow Fund

    Windward Fund

    Women Donors Network

    Xancharlize Ventures

    Yen Chuang Foundation

    Zapleap Philanthropic Fund

    Zevin Asset Management

    Grassroots International

    Susan Orkin

    Tammy Blackard Cook

    Interfaith Center on Corporate Responsibility

    Harrington Investments, Inc.

    Individual Advisor, DAF with Charlottesville Area Community Foundation 

    Private individual, Fidelity DAF client

    Private individual, Fidelity DAF client

    Private individual, Fidelity DAF client

    Private individual, Fidelity DAF client

    Private individual, Schwab DAF client

    Private Individual, DAF Holder

    Private individual, DAF Holder

    Private individual, Fidelity DAF client

    Jane Harvey

    Private individual, Fidelity DAF client

    Kelsey Wirth

    Kerri Schlottman

    Social Justice Funders Network of Massachusetts

    The Fruge Fund

    Learning Pathways LLC

    Betsy L. Krieger 

    Jean Morrison

    Liberty Hill Foundation

    Amelie Ratliff

    Private individual, Fidelity DAF client

    The Sparvey Fund

    Hugh Kinsellagh

    Peter & Lucia Gill Case

    Eddy Morales, Morales Public Relations & Socorro Fund

    Karen Grove

    Jean Ballantyne

    Ulysses Lateiner, former Vanguard DAF client

    Emma Thomas Mitchell

    Angela Chabot

    Radical Imagination Family Foundation

    Dietel Pickering & Partners

    Gund Pietschmann Fund, Schwab DAF client

    Karen Gregg

    James Campen

    Frank Lorch

    Mark Vandevoorde, Vanguard Charitable DAF Client

    Adam Lavitt

    John Levine

    Christie Turner

    Roy Bahat

    Zeph Fishlyn

    Jacqueline Hjelmgren

    Susan Baker

    Renee Russak

    Cynthia Shulak-Rome

    Private Individual, Schwab DAF Client

    Women’s Fund of Rhode Island

    Nora Lester Murad

    Trudi Foutts Loh

    First Affirmative 

    Nathaniel Stern

    Private individual, Fidelity DAF client

    Woka Foundation

    William Caspar Graustein Memorial Fund

    JP Paul, MM, CFRE

    Wright Collective 

    Transformative Wealth Management

    Prentice Foundation

    Nancy Belleman

    David Abraham

    Nolan Ring

    Private Individual, Fidelity DAF Client

    Tricia Wilson

    Daniel Westervelt

    Philanthropy New York

    [additional individuals/orgs to be added]