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With a donor-advised fund, an individual makes a charitable donation to a fund sponsor, such as a nonprofit foundation or an investment firm such as Charles Schwab or Fidelity Investments.
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A donor-advised fund is an account at a sponsoring organization, generally a public charity, where an individual can make a charitable gift to enjoy an immediate tax benefit and retain advisory privileges to disburse charitable gifts over time. The contribution a donor makes to their donor-advised fund is 100% irrevocable and destined for a ...
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Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is an American multinational financial services corporation based in Boston, Massachusetts.
Fidelity Charitable, the nation’s largest grantmaker, distributed a record-setting $11.8 billion to nonprofits in 2024, up more than 5% from the previous year at a time when generally donations ...
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