Goldman Sachs and Bank of America foundations gave over $600,000 to ultraconservative groups

Bank of America and Goldman Sachs have both been lauded for their LGBTIQ-friendly workplaces. But tax filings uncovered by openDemocracy show nonprofit foundations linked to the banks have also funded ultraconservative groups fighting to roll back civil rights for the queer community worldwide.

From 2017 to 2020, the Bank of America Charitable Foundation handed out more than $390,000 to eight such organisations who between them have resisted same-sex marriage laws and anti-discrimination protections for LGBTIQ people, challenged contraception and abortion access, and sought to ban gender-affirming healthcare for trans people. …

  • captainsiscold@kbin.social
    31·
    1 year ago

    For some perspective:

    • Funding given by BofA to the groups listed in the source: $390,000
    • Funding given by BofA to fossil fuel companies: $232,000,000,000

    (Granted, this is not a perfect apples-to-apples comparison, as the fossil fuel numbers are for 2016-2021, not 2017-2020, but regardless…)