Giving With Fidelity Charitable Donor-Advised Funds Rose 27 Percent in First 9 Months of 2014
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Fidelity%20Charitable<%2Fa>,%20an%20independent%20public%20charity%20with%20a%20donor-advised%20fund%20program,%20achieved%20record%20levels%20in%20the%20first%20nine%20months%20of%202014.%20In%20addition,%20enhancements%20to%20the%20organization’s%20program%20are%20speeding%20the%20delivery%20of%20grant%20money%20to%20charitable%20recipients%20and%20simplifying%20the%20process%20for%20donors%20to%20make%20multiple%20grant%20recommendations.%0D%0A%0D%0Ahttps%3A%2F%2Fwww.nonprofitpro.com%2Farticle%2Fgiving-with-fidelity-charitable-donor-advised-funds-rose-27-percent%2F" target="_blank" class="email" data-post-id="3122" type="icon_link">
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Grants Get to Charities Faster
Charities can now choose to receive grants from Fidelity Charitable via electronic funds transfer within 24 hours instead of receiving grants through the mail. The more than 550 charities that have signed up benefit from faster delivery of grant money, which allows them to acknowledge Fidelity Charitable donors more quickly. Charities also spend less time and fewer resources on processing and depositing checks.
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- Companies:
- American Red Cross
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