>I guess Fidelity doesn't want to help fund hate groups
Your "guess" is not the stated reason. FTA:
>“Consistent with our grant-making standards and practices, the organization is not an eligible grant recipient during the ongoing investigation.”
In fact, WRT Fidelity's actual disposition on funding hate groups, the SPLC reported in 2023 that their donor advised fund had been consistently used to that effect, including anti-LGBTQ, anti-government, anti-Muslim, and hard right groups.[0]
They were paying confidential informants for tips they would use in investigations and pass to law enforcement. Not QUITE the same as being a hate group.
The comment I was replying to was specifically about undercover cops.
That said - in the US, confidential informants are also paid directly by the agency or police department. While they sometimes (often?) paid in cash, the purpose and disbursement of those funds is closely tracked internally and auditable.
They're _not_ using shell companies to hide the fact that they're paying people for information. SPLC is. Why?
If paying in cash is sufficient for law enforcement, why would it be a problem for the SPLC? It seem clear to me that the intent is to hide the fact that they're doing it at all, not to protect the identities of their informants.
Your "guess" is not the stated reason. FTA:
>“Consistent with our grant-making standards and practices, the organization is not an eligible grant recipient during the ongoing investigation.”
In fact, WRT Fidelity's actual disposition on funding hate groups, the SPLC reported in 2023 that their donor advised fund had been consistently used to that effect, including anti-LGBTQ, anti-government, anti-Muslim, and hard right groups.[0]
[0]https://www.splcenter.org/resources/hatewatch/extremist-cryp...