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.
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.
Why isn’t media asking who funds the Children’s Health Defense Fund, which paid RFK $500k/yr.
Primarily Vanguard and Fidelity. CHDF takes in $15M a year now to fund anti vaccine efforts.
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.
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.
When I worked at Fidelity it was 3.9 Trillion dollars in assets under management. It has risen since then by a couple trillion
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.
Not arguing that point, the original guy was incorrect, just pointing out it’s a order of magnitude bigger of funds they manage
Got it, I misunderstood