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14 August 2026

Wall Street’s Nonprofits Use Selective, Opaque Logic to Defund Charities

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Source reporting: ProPublica

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Wall Street’s Nonprofits Use Selective, Opaque Logic to Defund Charities

Illustration by Shoshana Gordon/ProPublica. Source image: U. S. Treasury via Wikimedia Commons. When the Justice Department indicted the Southern Poverty Law Center in April on controversial fraud charges , the storied civil rights organization faced a major threat to its lifeblood — the flow of donor dollars.

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