Fidelity Charitable Donors Support Charities Through Volunteer Work, Record Grant Recommendations
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Fidelity%20Charitable<%2Fa>%20donors%20recommended%20a%20record%20of%20nearly%20$2.6%20billion%20in%20grants%20to%20support%20more%20than%2092,000%20charities%20in%202014.%20In%20a%20recent%20survey,%20the%20majority%20of%20Fidelity%20Charitable%20donors%20also%20showed%20themselves%20to%20be%20highly%20committed%20to%20donating%20time,%20with%2079%20percent%20having%20volunteered%20in%20the%20past%20year%20and%20two-thirds%20(67%20percent)%20of%20volunteers%20committing%20more%20than%2050%20hours%20to%20their%20favorite%20charities.%20Fidelity%20Charitable%20is%20an%20independent%20public%20charity%20with%20a%20donor-advised%20fund%20program.%0D%0A%0D%0A%0D%0Ahttps%3A%2F%2Fwww.nonprofitpro.com%2Farticle%2Ffidelity-charitable-donors-support-charities-volunteer-grants%2F" target="_blank" class="email" data-post-id="9619" type="icon_link">
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Younger donors, 50 years old or less, were most likely to have volunteered (89 percent) but least likely to have committed more than 100 hours (25 percent). However, 43 percent plan to increase their volunteering in the next few years. This indicates donors in this cohort are balancing their significant interest in giving back with commitments to other important priorities, such as starting or raising a family. In fact, younger donors are three times more likely (34 percent) than older donors to seek opportunities to volunteer together with their families.
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