Giving With Fidelity Charitable Donor-Advised Funds Rose 27 Percent in First 9 Months of 2014

(Press release, Oct. 23, 2014) — Donor-recommended grants from Fidelity Charitable, an independent public charity with a donor-advised fund program, achieved record levels in the first nine months of 2014. In addition, enhancements to the organization’s program are speeding the delivery of grant money to charitable recipients and simplifying the process for donors to make multiple grant recommendations.
In the first nine months of 2014, Fidelity Charitable made more than 370,000 donor-recommended grants totaling $1.6 billion, a 27 percent increase from the same period in 2013. The grants supported more than 70,000 charities across all 50 states and a wide range of charitable sectors.