Fidelity Charitable® Board of Trustees elects Alfred E. Osborne, Jr., PhD as Chair

BOSTON, March 24, 2016 -- Fidelity Charitable®, an independent public charity with one of the nation's largest donor-advised fund programs, today announced that Alfred E. Osborne, Jr., PhD, has been elected Chair of its Board of Trustees.

Dr. Osborne is Senior Associate Dean and Professor of Global Economics, Management and Entrepreneurship, as well as the Founder and Faculty Director of the Harold and Pauline Price Center for Entrepreneurship & Innovation at the UCLA Anderson School of Management.

"Dr. Osborne is a leader with a lifelong commitment to philanthropy and to excellence in corporate governance," said Amy Danforth, President of Fidelity Charitable. "He has served our board extraordinarily well for the past eight years, and I am very pleased that he will be leading us into the future."

Dr. Osborne, who has served as a trustee of Fidelity Charitable since 2008 and has served as chair of both its Audit and Investment Committees, is the founding Faculty Director of the UCLA Anderson Executive Education Corporate Governance Program, which is designed to help officers and directors of public, private and not-for-profit organizations prepare for the fiduciary duties and legal responsibilities of governance.

Dr. Osborne is also an expert in social entrepreneurship, who has developed several programs that apply business models to the nonprofit world. He remains active in the entrepreneurial community, and consults with growing companies and non-profit organizations on business and economic matters.

Dr. Osborne replaces Anna Spangler Nelson, who served on the board of Fidelity Charitable for over 10 years.

"Anna's guidance was invaluable to us during a period of tremendous growth," said Danforth. "She served our charity with great honesty, thoughtfulness and dedication. We are grateful to her and wish her the very best for the future."

"I'm proud to help lead an organization that is playing such a central role in furthering the American tradition of philanthropy with passion and integrity," said Dr. Osborne. "I look forward to continuing to work with my remarkable colleagues on the Board and the leaders of Fidelity Charitable as we seek to provide programs that democratize charitable giving, making the sustained giving that supports thousands of American charities, simple, effective, and accessible."

Dr. Osborne holds a B.S. in Electrical Engineering, an M.A. in Economics, an MBA in Finance, and a PhD in Business Economics, all from Stanford University.

About Fidelity Charitable

Fidelity Charitable is an independent public charity that has helped donors support more than 219,000 nonprofit organizations with more than $21 billion in grants. Established in 1991, Fidelity Charitable launched the first national donor-advised fund program. The mission of the organization is to further the American tradition of philanthropy by providing programs that make charitable giving simple, effective, and accessible. For more information about Fidelity Charitable, visit https://www.fidelitycharitable.org.