Supporting Statement: Respecting diverse religious views allows State Street Corporation to attract the most qualified talent, promote an inclusive business culture and fully engage its employees. One proven way to do that is by supporting employee philanthropy to a wide variety of charities that reflect employees’ diverse interests. 60% of employees say that this gives them a greater sense of purpose at work.1 Ninety-seven percent of employees want flexibility in where and how they give to causes they care about.2 Yet 30% of employee donors say they do not give through workplace programs because the causes they care about are not made available by the employer.3 The exclusion of some religious charities from gift match programs is driving much of this deficit. 37% of Americans give to religious organizations. They are among the largest recipients of donations.4 Religious charities serve every vulnerable population, from prisoners to orphans and the homeless, have large footprints in healthcare and education, and provide all kinds of humanitarian relief both domestically and abroad. Yet the 2025 edition of the Viewpoint Diversity Score Business Index found that 58% of scored companies exclude or threaten to exclude religious organizations from their employee-match programs.5 This includes State Street Corporation, which excludes “[s]trictly [r]eligious” and “[s]strictly [sic] [p]olitical” organizations from their gift matching programs.6 State Street Corporation also uses a third-party platform, 1 https://www.fidelitycharitable.org/about-us/news/86-percent-of-employees-say-employer-values-should-alignwith-theirown.html#:~:text=60%25%20say%20that%20being%20a%20part%20of%20the%20program%20gives%20them%2 0a%20greater%20sense%20of%20purpose%20at%20work. 2 https://doublethedonation.com/matching-gift-statistics/ 3 https://www.charities.org/facts-statistics-workplace-giving-matching-gifts-and-volunteer-programs/ 4 https://apnews.com/article/poll-charity-donations-philanthropy-giving-disaster-relief4e20584934af6953a701960a85e2863c 5 https://storage.googleapis.com/vds_storage/document/2025%20Business-Index.pdf 6 https://doublethedonation.com/matching-gifts/state-street-corporation Cybergrants, to process donations. Cybergrants is owned by Bonterra,7 which has recently been investigated by the U.S. Senate Committee on Commerce, Science, and Transportation for its weaponization of terms of service and broad censorious policies.8 Further, the 2023 Freedom at Work survey found that 60% of employees feared employer reprisal for expressing religious or political views at work, and over half feared the same for sharing these views even on private social media accounts.9 Recent Supreme Court decisions in Groff v. DeJoy and Muldrow v. City of St. Louis, as well as EEOC guidance10 make clear that religious protections extend to all terms, conditions, and privileges of employment, including benefit programs. A recent memo from the White House Office of Personnel Management on religious liberty in the workforce 11 also signals a growing awareness of the need for employers to take affirmative steps to robustly protect and promote religious liberty in the workplace. Some companies are responding to this shift. In January 2025 for example, Verizon updated its gift match policy to allow employee donations to religious institutions to be matched on equal terms.12 Morgan Stanley also recently disclosed similar gift match policies.13 State Street Corporation should consider similar action to bolster religious freedom in its workforce.