How Donor Advised Funds Harm LGBTQ Americans

Which donor-advised funds harm LGBTQ Americans

What is a donor-advised fund, how do DAFs function, and how can we ensure we defend our freedoms? Find out on this episode and start your journey to financial independence by eliminating credit card debt with the free 7-Step Credit Card Debt Slasher.

How are donor-advised funds being used as a weapon and harming LGBTQ Americans?

How is it that 70% of the people in this country support same-sex marriage, yet we see more and more anti-LGBTQ bills trying to take away our rights? In large part, it’s because of an investment tool known as the donor-advised fund or DAF. So, what is a donor-advised fund, exactly? How are DAFs being used as a weapon against the LGBTQ community? And what can we do about it?

On this episode of Queer Money, we explain how DAFs function as investment accounts that support charitable organizations, allowing contributors to make tax-deductible donations that grow over time. We discuss how an anonymous group of Christian billionaires funded the He Gets Us Campaign through donor-advised funds and describe how much money is directed into DAFs through the Kingdom Advisors network to fight against LGBTQ rights.

Listen in to understand how the three biggest brokerage houses contribute to anti-LGBTQ causes via donor-advised funds and learn how we can build our own network of LGBTQ financial advisors who collaborate to fund DAFs that defend our freedoms!

Listen to get more insight on how donor-advised funds harm LGBTQ Americans

Topics covered on how donor-advised funds harm LGBTQ Americans

How DAFs function as investment accounts that support charitable organizations
The different types of tax-deductible donations that you can contribute to a donor-advised fund
How an anonymous group of Christian billionaires funded the He Gets Us Campaign via DAFs
The DAF that pushes extremism and misinformation as the ‘dark-money ATM of the conservative movement’
Why we worry about LGBTQ youth who are attracted to the, He Gets Us campaign
How much money is directed into DAFs for the purpose of fighting against LGBTQ rights
How the Kingdom Advisors platform certifies financial advisors and other professionals to spread the mission of a Christian nationalist Jesus
3 of the resources Kingdom Advisors provides its network and how much those organizations have donated to anti-LGBTQ causes
How traditional brokerage houses contribute to DAFs that fund anti-LGBTQ causes
Our frustration with the queer media’s focus on sex, politics and pop culture
Why we need a network of LGBTQ financial advisors to collaborate in funding DAFs that defend our freedoms

Resources on how donor-advised funds harm LGBTQ Americans

He Gets Us Campaign
The Debt Free Guys-Motley Fool LGBTQ Money Study
‘Who’s Behind Those Jesus Ads…’ on Rebecca Watson’s YouTube Channel
The Servant Foundation
The Signatry
‘Exposed: The Dark-Money ATM of the Conservative Movement’ in Mother Jones
Alliance Defending Freedom
‘$100M Ad Campaign Aims to Make Jesus the Biggest Brand in Your City’ in Christianity Today
Kingdom Advisors
Barnabas Foundation
Charity Navigator.org
Timothy Plan
2018 Aderholt Amendment
SCOTUS Masterpiece Cake Shop Decision
‘America’s Biggest Christian Charity Funnels Tens of Millions to Hate Groups’ on Sludge
National Christian Foundation
Fidelity Charitable Gift Fund
Schwab Charitable Fund
Vanguard Charitable Endowment Fund
Out.com
Advocate.com
NBC Out
Dave Ramsey
CreditWise

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We’re David and John Auten-Schneider, the Debt Free Guys (www.debtfreeguys.com) and hosts of the Queer Money® podcast. We help queer people (and allies) live fabulously not fabulously broke by helping them 1) pay off credit card debt, 2) become part- or full-time entrepreneurs and 3) save and invest for retirement.