Fidelity Charitable Donors Support Charities Through Volunteer Work, Record Grant Recommendations
- Grants ranged from $50 to multimillion-dollar grants, with an average grant size of $4,100, a slight increase from 2013.
- Donors recommended 277 grants sized $1 million or more totaling $612 million, an 18 percent increase, year-over-year, in the amount given through grants of that size.
- Donors used their donor-advised funds to support planned giving and urgent needs. For example, donors supported Ebola relief efforts by drawing on the "ready reserves" in their donor-advised funds to recommend nearly $5.5 million through more than 1,000 grants designated to the cause. Granting began in the spring but the majority, 74 percent of grants and 84 percent of the grant dollars, were recommended in the fourth quarter.
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