1792 Insights

The 1792 Exchange is committed to delivering sharp, data-driven analysis of corporate America’s political entanglements. Discover what investors, executives, and concerned citizens should know regarding why businesses should return to neutral, mission-focused operations.

Major companies abandon SPLC’s ‘hate groups’ screening tool in corporate giving programs

October marked one year of 1792 Exchange’s work to show corporate America the risks associated with using the SPLC’s “hate list” and how its designations have been used to discriminate against conservative and Christian organizations in corporate charitable giving programs. BlackRock, Salesforce, Mastercard, Texas Instruments, AT&T, Nvidia, Microsoft, American Express, and DoorDash are among the corporations that have scrapped the SPLC “hate groups” filter, the 1792 Exchange announced on Oct. 22. Alongside the Heritage Foundation and Alliance Defending Freedom, the 1792 Exchange, a nonprofit organization formed to steer “woke” corporate governance policies back toward ideological neutrality, is leading the coalition’s efforts to end corporate reliance on the SPLC’s black book of purported bigots. As extensively reported by the Daily Signal, many employers systematically — and thus may unintentionally — blacklist conservative nonprofit organizations from their employee gift-matching programs through a third-party corporate generosity platform that installs the SPLC filter. As a result, even mainstream conservative groups, including Christian charities, are blocked from appearing on these middleman charitable giving dashboards because the nonprofit organizations have been flagged by the SPLC’s “Hate Watch” staff. For example, the parental rights group Defending Education is tagged under the SPLC’s “white supremacy” section for opposing …

Benevity and Fidelity Foundation Block Donations to the SPLC

Benevity had paid no mind to the SPLC’s indictment, which connects them to funding the KKK and neo-Nazi organizations, until recently. After Dustin Devito’s article in The Washington Post called on charitable giving platforms like Benevity to discontinue their use of the discredited SPLC’s “hate list”, the company asked the piece to be edited to note that they too no longer allow donations to the SPLC. However, Benevity still uses the “hate list” to block donations to mainstream Christian and conservative organizations. Doug Napier comments on Benevity’s move in The Chronicle of Philanthropy. But the 1792 Exchange, a conservative nonprofit that works to eliminate bias in corporate America and a frequent critic of the SPLC, contends that Benevity is not a neutral platform. While it has blocked donations to the SPLC, it still uses the civil rights nonprofit’s “Hate Map” to disallow donations — sometimes to fringe hate groups but also sometimes to mainstream conservative nonprofits like Turning Point USA and Focus on the Family. “Benevity is putting their thumb on the scale and inappropriately disqualifying organizations,” said Douglas Napier, the 1792 Exchange CEO.  That said, Napier doesn’t see a problem with Benevity blocking the SPLC. “If the house is …

Benevity Blocks Donations to the SPLC, but Still Uses Its Hate List

Tyler O’Neil of the Daily Signal reported that the largest corporate charitable matching platform, Benevity, cut off the SPLC from receiving donations, but has yet to remove the SPLC’s “hate list” as a filter for others, meaning that while the SPLC is no longer eligible, it remains eligible to determine the corporate giving opportunities of hundreds of thousands of employees across the country. Benevity helps nearly 1,000 corporate employers facilitate employee charitable giving by connecting firms with a network of 513,000 nonprofits. For years, the company has offered corporate clients screening based on the SPLC’s “hate” list. Yet a small correction note in a Washington Post op-ed revealed Thursday that Benevity had rendered the SPLC ineligible to receive charitable donations on the platform. “Blocking donations to the SPLC while staying silent on the filter that uses the SPLC’s ‘hate list’ to exclude other charities is an incomplete and unacceptable response,” Greg Scott, executive vice president at 1792 Exchange, told the Daily Signal in a statement Thursday. “No serious platform should screen nonprofits with a disgraced, indicted activist organization. “Benevity should drop that filter entirely and tell its clients and the public it has done so,” Scott added. Benevity did not …

The Companies That Left HRC’s Index Are Still Sponsoring Gender Ideology

Several major corporations that publicly stepped back from DEI programs and the Human Rights Campaign’s Corporate Equality Index may not have retreated as far as headlines suggested. A new Blaze Media report, drawing on 1792 Exchange’s tracking, finds that Ford, Molson Coors, Target, and T-Mobile continued to bankroll LGBT activist events in 2026 even after signaling reform. The piece uses 1792 Exchange’s work on corporate DEI commitments, CEI participation, and ideological nonbusiness activities to show the gap between what these companies announced and what they still fund. Each of the four had signaled a change: Ford (2024) and Molson Coors (2024) said they would exit the CEI, and Target (2025) and T-Mobile (2025) announced they were ending DEI initiatives and index participation. Yet in 2026, Target was listed as a platinum sponsor of NYC Pride — whose youth programming included a rally “to demand protections for trans and queer youth” — along with Pride events in Los Angeles, Houston, San Francisco, Salt Lake City, and New Jersey. Molson Coors, through its Vizzy brand, sponsored Pride events in Miami Beach, Denver, and New Jersey; T-Mobile backed Pride events in Phoenix, Des Moines, and Philadelphia. Children appear to have been present at …

Inspire Investing Maps the Four-Year Reversal on Gender-Transition Care for Minors

On August 11, 2026, the Centers for Medicare & Medicaid Services issued a first-of-its-kind final rule barring federal Medicaid and CHIP dollars from covering puberty blockers, cross-sex hormones, or surgeries for minors, effective October 13, 2026. A new analysis from Inspire Investing frames the rule as the capstone of a four-year reversal across American law, medicine, and corporate benefit plans. The piece, by Chris Hubbard with Tim Schwarzenberger, traces how a once-expanding consensus fractured, in the courts, in the medical literature, in Europe, and in corporate boardrooms, and why values-driven investors are now pressing companies on the issue. The Supreme Court’s June 2025 ruling in United States v. Skrmetti upheld state limits, leaving bans in roughly 27 states in force. A May 2025 HHS evidence review found the certainty of benefit “very low,” echoing England’s Cass Review. Corporate participation in the Human Rights Campaign’s Corporate Equality Index fell 65% in a single year, from 377 Fortune 500 companies to 131. 1792 Exchange has named 550-plus companies whose plans still cover these procedures for minor dependents and wrote to 568 companies in June urging them to exclude transgender drugs and surgeries for children. Inspire organized a coalition representing more than $100 …

Shareholders Challenge Nike over support for transgender surgeries on minors

At Nike’s annual shareholder meeting this month, Christian and conservative investors put the company’s relationship with the Human Rights Campaign (HRC) directly on the record. The HRC’s Corporate Equality Index is a voluntary survey that companies can participate in to have their gender-ideology workplace policies scored. To earn the CEI 100 designation, companies must cover sex-denying procedures for minor dependents under their employee health plans. Nike has scored 100 three years running. Inspire says Walmart told the group its plan doesn’t cover transgender surgeries for children. Walmart’s 2026 benefits book says gender reassignment surgery “is not considered medically necessary for individuals under the age of 18.” Inspire also says Charles Schwab told the group that it no longer covers such surgeries for children. Another conservative group, 1792 Exchange, wrote to 568 companies in June asking them to exclude transgender drugs and surgeries for children from employee health plans. Some companies have also decoupled from HRC. The full article can be found in Heartlander News.