Bill Hwang, who ran the fund that below up on Friday, also co-founded the Grace and Mercy Foundation. His charity *purchased* swap losses and offshore trusts from his fund.

The Grace and Mercy Foundation isn't as active on the philanthropic front.

Direct charitable activities? Not applicable.

Program-related investments? Not applicable. pic.twitter.com/EjhaAF4CeZ

— Edwin Dorsey (@StockJabber) March 28, 2021

Hwang is also a major contributor to "Focus on the Family."

The non-profit is focused on combatting “8 lies about abortion," anti-gay policies, and creationism.https://t.co/memTmnCdw1

— Edwin Dorsey (@StockJabber) March 28, 2021