Why the Heck is Fidelity Investments Giving Funds to a Convicted Felon? – Update – It’s Not Fidelity, It’s Private Donors


Convicted Domestic Terrorist Brett Kimberlin

Update: See the update at the bottom of this post and the comments. It appears the Fidelity donations came from private donors, not Fidelity Investments.


I’ve been offline most of the day and I only have a few minutes before company comes over, but I thought I’d alert you to The Other McCain’s latest post about the convicted felon Brett Kimberlin and where he gets his funding.

Federal tax forms filed by convicted terrorist Brett Kimberlin’s tax-exempt non-profit Justice Through Music Project (JTMP) show that the 501(c)3 group collected $1.8 million in gifts, grants and other contributions during its first six years of operation. An analysis using database research indicates that more than $300,000 of that sum came in the form of grants from tax-exempt foundations, including the George Soros-connected Tides Foundation, the Fidelity Investments Charitable Gift Fund, the Barbara Streisand Foundation, and the Heinz Family Foundation, connected to Democrat Sen. John Kerry’s wife.

Convicted of multiple federal felonies in connection with a string of 1978 bombings in Indiana, Kimberlin’s activities recently have come under renewed scrutiny due to his attempt to press criminal charges against attorney Aaron Walker, a blogger who says Kimberlin tried to “frame” him as part of a campaign of harassment and intimidation against conservative New Media activists.

Read the whole thing. My retirement account is with Fidelity, but not for long. They will be hearing from me on Monday. Either they knowingly donated money to a convicted domestic terrorist, or they’re stupid. Either way, they’ve lost my trust.

My previous posts on the subject are here and here.

Update: From Marilyn in the comments below, these funds may not be directed by Fidelity, but by independent donors.

I believe the Fidelity Charitable Gift Fund is a separate entity from the Trustees Philanthropy Fund.

The Charitable Gift Fund donations are NOT directed by Fidelity, these funds are DONOR directed. People put private money into this fund, receive an immediate tax deduction, then direct Fidelity where they want the money to go.

This fund sends money where private donors direct. Fidelity is just the “middle-man” here.

Update: Linked by Reform a Liberal, That Mr. G. Guy and Lady Liberty – thanks!

Conservative Hideout also linked – thanks!