Schwab Charitable

[thread] Campaign finance, dark money
https://mastodon.social/@persagen/110953607664918460

Donor-Advised Fund Schwab Charitable Helps Leonard Leo Weaponize Philanthropy
https://inequality.org/great-divide/leonard-leo-donor-advised-fund

* conserv. judicial mastermind Leonard Leo
* Federalist Society
* kingpin, $1.6 billion dark money fund: Marble Freedom Trust

https://www.documentcloud.org/documents/25121805-grant_review_letter_final

https://persagen.org >> "Schwab Charitable"

#LeonardLeo #DarkMoney #SchwabCharitable #MarbleFreedomTrust #billionaires #libertarianism #ChristianRight #SCOTUS

How One Donor-Advised Fund Helps Leonard Leo Weaponize Philanthropy - Inequality.org

Donor-advised fund giant Schwab Charitable plays a pivotal role in Leonard Leo’s weaponized funding schemes.

Inequality.org
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The other DAFs that contributed to the Documentary Foundation are #SchwabCharitable, Vanguard Charitable, the American Endowment Foundation, the Greater Houston Community Foundation, and the American Online Giving Foundation.
Schwab, one of the DAFs that received and distributed money to and from organizations tied to #LeonardLeo, has lobbied the IRS to maintain the practice of shielding investors from scrutiny.

Private Foundations Gave $2.6 Billion in Grants to National Donor-Advised Funds in 2021
Private foundations are currently allowed to make grants to donor-advised funds, or DAFs, and to count those grants toward their charitable distribution requirement of 5 percent of their assets each year.

#DonorAdvisedFunds #DarkMoney #2024USelections #DAF #FidelityCharitable #SchwabCharitable