Major Donor-Advised Fund Sponsors Inconsistently Freeze Donations to Charities — ProPublica
Reporting Highlights Philanthropy’s Gatekeepers: Donor-advised fund sponsors control $327 billion in giving, granting them vast power to decide which charities can receive donor dollars. Selective Defunding: Major sponsors froze grants to the Southern Poverty Law Center following an unproven indictment while continuing to fund other institutions facing severe legal scrutiny. Little Accountability: Wall Street-affiliated funds…