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Fidelity Charitable reveals record year in philanthropic giving
Annual report shows donors made $11.8 billion in grants from Fidelity's donor-advised funds last year.
Food bank, homeless shelter donations spike in wake of pandemic, Fidelity Charitable says
St. Louis was the city that ranked first for overall giving, followed by Salt Lake City and greater Atlanta.
Fidelity donors undeterred by market pullback, report says
Fidelity Charitable distributed $11.2 billion in donor-recommended grants last year, nearly $1 billion, or 9%, more than in 2021.
Don’t give up on charitable giving just yet
A bear market and inflationary pressures may have many Americans feeling less wealthy lately, but not necessarily less generous.
Charitable giving isn’t falling despite growing economic worries: Fidelity
Nearly 60% of Fidelity Charitable donors plan to give more in 2022 in light of current economic volatility, study says.
Fidelity Charitable grants soared in first half even as market cratered
Its donors recommended nearly a million grants to charity totaling a record $4.8 billion in the first half, up 11% from $4.3 billion in the first half of 2021.
Millennials push growth in impact investing
Advisers can play a big part in whether clients use impact investments, survey finds.
Charitable giving continues upward trajectory
Donations of noncash assets are also increasing, with Fidelity reporting that donors gave $331 million in digital assets last year, up from $28 million in 2020.
Most Americans prefer making charitable donations over gifts for themselves
The Fidelity Charitable poll confirmed an upward trajectory in giving, while Vanguard Charitable updated a web tool that helps investors target donations toward homelessness and hunger.
Cryptocurrency investors are more charitable than others, Fidelity says
The asset manager's philanthropic unit says crypto’s popularity could fuel charitable giving.
Jacob Pruitt named president of Fidelity Charitable
He succeeds Pamela Norley, who is retiring after a 25-year career at Fidelity.
Fidelity Charitable reports record $4.3B in giving in first half
Grants increased by 27% in dollar terms from the same period last year, with more than 123,000 charities benefiting from the donations.
Deepening the adviser-client relationship
Introducing clients to tax-efficient ways to give, such as using a donor-advised fund, can help them do more with their gifts. But charitable intent, rather than tax benefits, should be the primary motivation for clients to give.
Clients are upping charitable giving in the wake of the pandemic
Although the biggest reward of giving is psychological, the tax benefits can make doing good feel even better financially.
Pandemic led men to be more charitable, survey finds
Women are still more generous than men and became even more interested in philanthropy in 2020.
Fidelity, Schwab donors set record for charitable giving in response to pandemic
Covid-19 also changed giving targets, as donors supported organizations that provided food and other necessities for people who experienced economic setbacks due to the outbreak.
Fidelity, Schwab charitable units see jump in giving to address pandemic
Two dominant sponsors of donor-advised funds say the crisis illustrates the vehicle’s value
Financial planning groups ask advisers to encourage charitable donations
Contributions from donor-advised funds could make difference for struggling nonprofits
