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Fidelity Charitable Sees Record Grants and Contributions in 2012

January 29, 2013
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Outgoing grants and incoming contributions rose for the third and fourth consecutive year respectively for Fidelity Charitable, an independent public charity with a donor-advised fund program, making 2012 a record year for both measures of donor activity. In 2012, donors recommended more than 428,000 grants totaling $1.6 billion and contributed $3.6 billion to Fidelity Charitable for their charitable accounts. Both dollar figures represent a 24 percent increase compared to 2011. The number of new charitable accounts opened rose 32 percent compared to 2011....

 

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