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Fidelity, Vanguard cut off donations to SPLC amid donor fraud case
ThePostMillennial ^ | 5/8/26 | Hannah Nightingale

Posted on 05/08/2026 1:50:41 PM PDT by CFW

As the Southern Poverty Law Center (SPLC) faces an indictment on financial crimes charges, two of the country’s largest sponsors of donor-advised funds have cut off the group from receiving proceeds.

Fidelity Charitable, which manages over 350,000 charitable giving accounts that allows customers to receive tax savings while making donations to eligible nonprofits, said that the center is no longer an eligible recipient.

An email to a donor read, per the New York Times, "Fidelity Charitable is aware of an ongoing governmental investigation into Southern Poverty Law Center. Consistent with our grant-making standards and practices, the organization is not an eligible grant recipient during the ongoing investigation."

In a similar message issued when denying a grant request, Vanguard Charitable wrote, "The organization has had allegations and/or charges brought against them for activities that may call into question their ability to carry out their tax-exempt charitable purpose."

(Excerpt) Read more at thepostmillennial.com ...


TOPICS: Business/Economy; Crime/Corruption; News/Current Events
KEYWORDS: donations; fidelity; fraud; splc; vanguard

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The demise of SPLC is advancing as the dominoes start to fall.
1 posted on 05/08/2026 1:50:41 PM PDT by CFW
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To: CFW

> the center is no longer an eligible recipient.

Should have happened long ago.


2 posted on 05/08/2026 1:53:16 PM PDT by ArcadeQuarters (You can't remove RINOs by voting for them!)
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To: CFW

Black Crime Claims Life of Apologist for Black Crime (SPLC)

https://www.americanthinker.com/articles/2014/12/black_crime_claims_life_of_apologist_for_black_crime.html

David Ruenzel knew, better than most, about the white privilege that killed him.

As a writer for the Southern Poverty Law Center, one of this favorite topics was rooting out racism. And how white racism is permanent. White racism is everywhere. And white racism explains everything.

This mantra of the Critical Race Theory and the Southern Poverty Law Center applied to all white people because, even if they were not personally cracking the whips, or breaking the skulls, white people benefitted from a racist system that did all that — and a lot more.


Ruenzel was writing about white privilege for the Southern Poverty Law Center as far back as 1997 — long before it became the rage at college campuses, newsrooms, churches, high schools and even grade schools.

By the time of his death, Ruenzel had accumulated many of the trappings of the white privilege he exposed: The job. The home. The intact family. And most importantly in his case, white privilege endowed Ruenzel with an expectation of safety in the Oakland neighborhood where last week two black people are suspected of killing him.


This is the kind of atmosphere that David Ruenzel helped to create with his early and oft-cited work on white privilege for the Southern Poverty Law Center. The kind mentioned in his obituaries. The kind that blinded him to the dangers of being a white person in a black neighborhood in Oakland.


And something is even worse among those who would deny it — or explain it away.

Like Ruenzel.

“Some liberals, most of which are ego-soaked, look for ways to support their self-perceived importance so they champion imaginary causes for that purpose,” Newburn said. “They are adult-children who feel free to construct fantasies about their greatness. Their narcissism in part functions to blind them to inconvenient realities. So to compensate, they idealize the targets of their misdirected and pathological ‘caring.’”

The enablers are just as guilty as the predators. More Newburn:

“They perpetuate misery by defending the indefensible such as widespread black predation and other crimes. It causes too much cognitive dissonance and confusion, and it doesn’t comport with their imagined status as a great liberator and defender of their chosen imagined, downtrodden group.”

Today, Newburn is an adjunct professor of psychology at Lake Superior State University. But for the last 30 years, he toiled in Michigan courts and prisons as a forensic/clinical psychologist. That’s a long time watching white liberals trying to ignore, deny and condone black mob violence and black criminality.

“Reality will only disrupt their fantasies as all-knowing and all-protecting avengers. Maturity is sometimes defined as when a person ends illusions in their thinking, and accepts reality, no matter how distasteful. I apply that same definition to the grounded, peaceful, law-abiding, sane, and stable.

“Over the years I’ve examined and found a trait of sociopath in most liberals. They have this sadistic gratification in creating or fomenting social chaos and conflicts, then, presenting themselves as ‘above it all,’ they arrive to fix the problem they themselves caused or perpetuated. Think of it as mental illness. A Munchausen by Proxy Syndrome, but on a very large scale.”

Ruenzel is hardly the first enabler of black violence to believe he was exempt from it, as urban pioneers are finding throughout the country.

Newburn calls that “death from willful ignorance.”

That’s tough talk about a recently deceased husband, father and teacher whose death moved a lot of people to remember him with affection.

Tougher still for other victims and their families who had nothing to do with this insanity. Or even knew it existed so widely and so deeply. So fatally.


Liberals are in denial of reality in
almost every situation it seems


3 posted on 05/08/2026 1:57:18 PM PDT by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They Did Eat, They Drank, They Bought, They Sold ......)
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(“Some liberals, most of which are ego-soaked, look for ways to support their self-perceived importance so they champion imaginary causes for that purpose,” Newburn said. “They are adult-children who feel free to construct fantasies about their greatness.”)

Money Quote


4 posted on 05/08/2026 2:01:11 PM PDT by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They Did Eat, They Drank, They Bought, They Sold ......)
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To: CFW

I’m not sure about how Wall Street likes to fund Commies...


5 posted on 05/08/2026 2:01:18 PM PDT by Paladin2 ( YMMV)
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To: SaveFerris

Here is a link to a long, but very interesting and informative, article on how the SPLC worked. They were basically a shake-down operation. I read it last week and learned a lot.

“Notes on a non-profit indicted for bank fraud”

https://www.bitsaboutmoney.com/archive/nonprofit-indicted-bank-fraud/


6 posted on 05/08/2026 2:08:11 PM PDT by CFW
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To: CFW

JUST NOW SAW A TV AD PLEADING FOR DONATIONS FOR THEM


7 posted on 05/08/2026 2:14:18 PM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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To: CFW

When is Soros and his web of communist entities going to cut-off donations to the SPLC???


8 posted on 05/08/2026 2:14:24 PM PDT by jpp113
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To: CFW

Read later.


9 posted on 05/08/2026 2:23:40 PM PDT by The_Media_never_lie ( )
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To: CFW

“””Fidelity Charitable, which manages over 350,000 charitable giving accounts that allows customers to receive tax savings while making donations to eligible nonprofits”””


So if I understand correctly, the people who have Fidelity manage their money directed Fidelity to make payments to SPLC.

Which begs the question: “How many people actually directed payments to SPLC?”


10 posted on 05/08/2026 2:28:31 PM PDT by Presbyterian Reporter
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To: CFW

I’m with Fisher Investments.

I lit them up when I found out they donate to NPR.


11 posted on 05/08/2026 2:34:34 PM PDT by Jacquerie (ArticleVBlog.com)
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To: CFW

The Democrat party built all its power on race. It’s all falling apart.


12 posted on 05/08/2026 2:40:47 PM PDT by Ge0ffrey (No.)
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To: Presbyterian Reporter

So if I understand correctly, the people who have Fidelity manage their money directed Fidelity to make payments to SPLC.

The answer is a big fat ZERO. It’s all algorithms… nothing is “professionally managed”…..they only promote THEIR suck ass ~$10/share money market funds.


13 posted on 05/08/2026 3:17:22 PM PDT by wardamneagle
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To: Ge0ffrey

“The Democrat party built all its power on race. It’s all falling apart.”


Yep. And they are frantically looking for another main issue to prop up their party.


14 posted on 05/08/2026 3:33:22 PM PDT by CFW
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To: Jacquerie

I’m with Fisher Investments.

I lit them up when I found out they donate to NPR.


As I said, SPLC is a shake-down organization. If a company wouldn’t use their list of “white supremacists” to blackball people and groups, they’d tell the company they obviously weren’t anti-racist enough so would have to go on the “list” as well.

Can you imagine what happens to an institution when that happens? Suddenly, their charity is considered taboo for donations; company leaders are no longer invited to speak at conventions, and SPLC donors are advised not to do business with them.

Just about every company, governmental agency, and institution was using SPLC’s list to weed out “undesirable” people and groups.


15 posted on 05/08/2026 3:42:42 PM PDT by CFW
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To: CFW

https://www.fidelitycharitable.org/guidance/philanthropy/what-is-a-donor-advised-fund.html


16 posted on 05/08/2026 5:00:56 PM PDT by Presbyterian Reporter
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To: CFW

Fidelity fuck off. I have money in there. I’m going to figure a way out from there.


17 posted on 05/08/2026 5:55:04 PM PDT by ImJustAnotherOkie (... )
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To: ArcadeQuarters

They existed, through large fuzzy headed liberal donors, ONLY because they claimed racial disharmony existed in this country, and guess what? Since no large whole sale racism exists, they had to pay people to incite blatant racism to show that it existed. Beautiful. Pure evil. The means to the goal are forgiven folks. This is the motto of the democrat party.


18 posted on 05/09/2026 12:39:22 AM PDT by nikos1121
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