• bomibantai@lemmy.world
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    11 days ago

    It’s probably donor advised funds that vanguard and fidelity are directing towards that org, not of their own volition, just a clarification. Those 2 don’t really spend any major amounts of money on discretionary causes, compared to the literal hundreds of billions they use on behalf of their clients.

    • sudoshakes@reddthat.com
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      11 days ago

      When I worked at Fidelity it was 3.9 Trillion dollars in assets under management. It has risen since then by a couple trillion

      • bomibantai@lemmy.world
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        11 days ago

        Sure, but that’s what they are managing. If you order a burger for delivery, it’s not like Uber/doordash are purchasing a burger, they’re just managing your order.

        • sudoshakes@reddthat.com
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          11 days ago

          Not arguing that point, the original guy was incorrect, just pointing out it’s a order of magnitude bigger of funds they manage

    • SaveTheTuaHawk@lemmy.ca
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      11 days ago

      donor advised funds that vanguard and fidelity are directing towards that org

      Fidelity Investments Charitable Gift Fund $1.1M

      Vanguard Charitable Endowment Program $2.2M

      Selz Foundation $500K

      So…antivax is funded partially by taxpayers as these donations are a tax write off.

      Donations went up 500% since Trump took power, so we can assume these donations are at the request of Trump.

      Fucking media needs to follow the money. Antivax is only about money.