Fidelity creates workplace charitable-giving program

Plan sponsors can integrate philanthropy into employee-benefit plan, fund giant says

Mar 25, 2019 @ 1:13 pm

By InvestmentNews

Fidelity Investments has introduced a workplace philanthropy program that allows employers to integrate charitable giving into their current benefits program.

Called Fidelity Workplace Giving, the program offers employees a way to manage their philanthropic activities by giving through their workplace, Fidelity said in a release. The program also gives employers "a centralized administrative process and a clearer way to measure employee engagement and impact," Fidelity said.

(More: Record $5.2 billion given through Fidelity Charitable in 2018)

"In addition, companies can more easily configure and automate company-matching gifts, which may encourage increased giving among employees," Fidelity said.

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