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 remove charities without providing clear reasons or pathways to appeal, refusing to explain themselves to donors and the public.
These highlights were written by the reporters and editors who worked on this story.
