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Since our inception as a public charity in 1991, our mission has remained the same—to grow the American tradition of philanthropy by providing programs that make charitable giving accessible, simple, and effective.
Fidelity Charitable launched the first national donor-advised fund program, democratizing philanthropy by making a giving vehicle available to a broad array of people. Today, we sponsor more than 185,000 donor-advised funds connected to more than a quarter million donors. Since our founding, we have helped donors support 382,000 nonprofit organizations with nearly $73 billion in grants.
A donor-advised fund is a charitable account sponsored by a public charity that donors use to support their charitable giving. Donors can make an irrevocable, tax-deductible contribution of many types of assets to a donor-advised fund.
At Fidelity Charitable, those assets include cash, publicly traded stock, and private business shares. Donors can then recommend grants from their donor-advised fund to virtually any other IRS-qualified 501(c)(3) public charity and advise how to invest their dedicated charitable dollars for potential tax-free growth.
Donor-advised funds make it easier to give in a more systematic way, allowing donors to maximize their generosity. In annual surveys, a consistent two-thirds of Fidelity Charitable donors say that they give more than they otherwise would because they have a donor-advised fund.
Fidelity Charitable provides tools to help donors plan their giving, including the 68 percent of pre-retirees expecting to increase their charitable activity.
As more people use donor-advised funds to plan their giving, their impact on the charitable sector has grown. The 2023 Fidelity Charitable Giving Report is a snapshot of our more than a quarter million donors and how they give.
Stories of the different ways Fidelity Charitable donors use their donor-advised funds to give to the charitable causes they care about.