Schwab Charity Funnels $250M to Right-Wing Causes

Analysis May 01, 2024 at 02:49 PM
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What You Need To Know

  • The major donor-advised fund gave $141 million to a group tied to activist Leonard Leo between mid-2022 and mid-2023.
  • In total, the Schwab Charitable Fund has given over a quarter billion dollars to the Leo-connected 85 Fund in two years.
  • The 85 Fund has given millions of dollars to conservative groups including the Federalist Society.
Charles Schwab Building in NY