In this episode of American Potential, host David From sits down with Lawson Bader, president and CEO of DonorsTrust, to unpack why donor privacy is essential to free speech and a healthy civil society. Bader explains how efforts to expose donors—often fueled by political grudges, social-media pile-ons, and envy—chill participation and warp the relationship between citizens and the state. He traces the principle back through landmark Supreme Court rulings, makes the case that “transparency is for government, privacy is for citizens,” and warns against tit-for-tat attempts by either party to unmask supporters.

The conversation also digs into the practical side of philanthropy: how donor-advised funds help preserve intent, why generational wealth so often drifts away from founders’ values, and where the real action is today—at the state level, where regulations and donor-privacy fights are heating up. Whether you give $50 or $5 million, this episode lays out why protecting privacy isn’t about secrecy—it’s about safeguarding pluralism, encouraging generosity, and ensuring ideas compete on their merits, not on the intimidation of their supporters.