A database from the conservative Claremont Institute shows the bank donated around $73,450,000 to the BLM movement and other social justice-related causes.
As first reported by The Federalist, the now-defunct bank pledged in the summer of 2020 — when the nation was gripped by racial unrest after the police custody death of St. George Floyd
...the patron saint of Minneapolis, a sterling example for our children and indeed for us all. St. George was martyed by the Devil's agents in blue while standing on a street corner preaching tolerance and racial justice or something like that...— to increase its commitment to "diversity, equipment, and inclusion (DEI)" in the workplace.
A report from August 2020 highlighted the fact that around two-thirds of the bank’s workforce met the "diversity" criteria.
Another report that year touted SVB’s achievements in supporting minorities.
In an introductory letter to the report, CEO Greg Becker said SVB touted employee matching programs that focused on "pandemic response, social justice, sustainability, and supporting women, Black and Latinx emerging talent, and other underrepresented groups."
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