Georgia Attorney General Sued SDG Impact Fund
The state alleges the organization misused donor funds for personal expenses and failed to distribute promised charity.
Updated on Sept. 25, 2026 in Philanthropy
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Georgia Attorney General Chris Carr has filed a lawsuit against the SDG Impact Fund and its CEO, Anthony Suber. The legal action accuses the organization of misusing millions in donor money for personal expenses while failing to support charitable causes.
Why it matters
The lawsuit aims to recover diverted assets and protect future donors from fraudulent activity. Authorities claim the fund operated with virtually no charitable output while allegedly soliciting money under various business names.
The SDG Impact Fund claimed to manage $10 billion in assets but allegedly distributed only 0.185% to charitable causes. One donor reported contributing nearly $1.9 million to the organization.
The players
Chris Carr
Chris Carr is the Attorney General of Georgia and the primary official overseeing the legal action against the organization.
Anthony Suber
Anthony Suber serves as the CEO of the SDG Impact Fund and is named as a defendant in the state lawsuit.
SDG Impact Fund
SDG Impact Fund is a nonprofit organization accused of misusing donor-advised funds for non-charitable personal expenditures.
The details
The lawsuit alleges that funds intended for charitable work were instead used for personal costs like tuition, vacations, and car loans. Investigators discovered that the organization's office in Cartersville had no full-time staff to manage the donor-advised funds.
Timeline
July 2026: Channel 2 first reported on state investigations into the organization.
September 25, 2026: Attorney General Chris Carr filed the lawsuit in Fulton County.
Market Landscape
This litigation follows an investigation into potential violations of the Georgia Charitable Solicitations Act, which mandates transparency in how organizations manage contributions. The move reflects an increasing state effort to dismantle fraudulent nonprofit operations that exploit the donor-advised fund model.
Donors should exercise extreme caution when vetting charitable organizations and review financial records before contributing to funds. The state is working to identify and recover money from the organization for those who were impacted by the alleged misuse of funds.
The takeaway
Potential donors should always verify the charitable status and operational history of any nonprofit before making contributions. Investigating whether an organization has full-time staff and transparent financial reporting can help prevent falling victim to fraudulent schemes.
Further reading
For more information on nonprofit oversight and state regulations, visit the Georgia Philanthropy section.
Source note: This article includes information reported by WSB-TV Channel 2 - Atlanta.
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