Fidelity Charitable Donors Support Charities Through Volunteer Work, Record Grant Recommendations

Volunteer Activity Can Boost Financial Support, Varies With Age

Committing time to the causes they care about is a key component of many donors' philanthropy, and in a study of more than 350 Fidelity Charitable donors, 84 percent of volunteers plan to maintain or increase their volunteer hours.

This could be a positive sign for charities that rely on volunteers' time and expertise — as well as donations — to help fulfill their missions. Half of volunteers surveyed indicated they were inspired to give more because they volunteered their time, and two out of five donated their time to a charity before making a financial gift.