Fidelity Charitable, an independent public charity and the nation’s largest grantmaker, said that its donors recommended a record $4.3 billion in grants in the first half of the year, 27% more in dollar terms than in the same period in 2020.
Altogether, more than 123,000 charities benefited from the donor-recommended grants, Fidelity Charitable said in a release. The increase in the first half of 2021 follows the record $9.1 billion granted in 2020, a 24% increase from the previous year.
This year, “our donors could surpass their record granting in 2020,” Kristen Robinson, chief operating officer at Fidelity Charitable, said in the release. “It’s very heartening to see much-needed support going to nonprofits as they continue to face challenges.”
Some 270,000 donors use a Fidelity Charitable Giving Account, the organization said.
Wealth management is a key focus for a new service tier.
Advisors can set their practice apart and win more business with a powerful graphic describing their unique business and value proposition.
The Labor Department's reversal from its 2022 guidance has drawn approval from crypto advocates – but fiduciaries must still mind their obligations.
With $750 million in assets and plans to hire a RIA Growth Lead, Autopilot is moving beyond retail to court advisors with separately managed accounts and integrations with RIA custodians such as Schwab and Fidelity.
Elsewhere on the East Coast, a Boca Raton-headquartered shop has acquired a fellow Florida-based RIA in "a natural evolution for both organizations."
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
