Two charitable arms of asset management firms recently reported record-breaking generosity among their donors, indicating the upward trajectory of charitable giving during the pandemic is continuing. Fidelity Charitable, an independent public charity, announced earlier this week that donors recommended $10.3 ...

Most Americans prefer a donation in their name to a favorite charity rather than a traditional holiday gift for themselves, a sign that charitable inclinations remain strong, according to a new poll from Fidelity Charitable. The organization released the poll ...

The popularity of cryptocurrency investing could fuel charitable giving, says Fidelity Charitable, which found that 45% of cryptocurrency investors donated $1,000 or more to charity in 2020, compared to 33% of all investors. Cryptocurrency’s popularity among millennials “makes it increasingly ...

Fidelity Charitable, the nation’s largest grantmaker, has named Jacob Pruitt its president, succeeding Pamela Norley, effective Oct. 18. Prior to joining Fidelity Charitable, Pruitt was vice president and head of T. Rowe Price Charitable, leading the asset manager’s charitable giving ...

Fidelity Charitable, an independent public charity and the nation’s largest grantmaker, said that its donors recommended a record $4.3 billion in grants in the first half of the year, 27% more in dollar terms than in the same period in ...

When investors’ portfolios do well, philanthropic organizations do well. Throw in a profound public health crisis and social unrest, and charitable giving hit new heights last year. That philanthropic trend is likely to continue this year and combine with an ...

A conversation with a client about charitable giving can provide insight into the client’s values and perhaps what kind of legacy they want to leave behind. But some financial advisers aren’t framing the discussion well. Advisers think first about the ...

The onslaught of the pandemic last year inspired a renewed sense of generosity, with 84% of women saying giving is important to them, a gain of nine percentage points, while 81% of men said giving is important, which was an ...