Contributions, grants up at Fidelity
Fidelity Charitable posted record-high levels in the number of contributions and in the number of dollar value of grants in the first six months of 2011.
Fidelity Gift Fund posts best first quarter
Incoming contributions grew 25 percent from the first quarter of 2010 to $269 million, while donors recommended $293 million in outgoing grants, up 8 percent.
Fidelity Gift Fund posts record year
Donors to the Fidelity Charitable Gift Fund made over 353,000 grants totaling over $1.2 billion to nonprofits in 2010, up 19 percent and 14 percent, respectively, from 2009.
Entrepreneurs more likely to give
Companies led by entrepreneurs give to charity more than twice the share of the profits than many of the biggest companies in the U.S., a new study says.
Donors upbeat on end-of-year giving
Most Americans plan to give as much or more to charity in the final three months of the year, compared to the same period in previous years a new survey says.
Fidelity posts increase in contributions
Contributions to the Fidelity Charitable Gift Fund grew $1.3 billion, or 39 percent, in the fiscal year ended June 30, compared to the previous year, while donors recommended grants totaling $1.1 billion, up 11 percent.
Predicted tax hikes expected to spur giving
Eighty-seven percent of financial advisers expect income taxes will rise for most of their clients over the next 12 to 18 months, and one in four expect their clients will increase their charitable giving to offset tax hikes, a new survey says.
Fidelity charitable fund posts best quarter
The Fidelity Charitable Gift Fund reported the strongest first quarter for contributions and grants in its 19-year history, with contributions more than doubling and grants growing by over one-third.
Fidelity Gift Fund’s grants grow
Contributions to, and grants from, the Fidelity Charitable Gift Fund topped $1 billion in 2009.
Donations down, volunteering up
While the economic downturn has put a damper on donations, some people say it’s a good reason to volunteer, a new survey says.