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  2. The $230 billion donor-advised fund industry gets an IRS hearing

    www.aol.com/news/230-billion-donor-advised-fund...

    Fidelity Charitable, which was created by financial services firm Fidelity Investments, is the nation’s largest grant maker. It gave $11.8 billion to charity in 2023, with more than 322,000 ...

  3. Donor-advised funds: A popular tax-advantaged way to give to ...

    www.aol.com/finance/donor-advised-funds-popular...

    A donor-advised fund is a charitable-giving account that allows a donor to provide grants to a charity over a period of years. They can be relatively inexpensive to create and maintain, and a ...

  4. Peter Lynch - Wikipedia

    en.wikipedia.org/wiki/Peter_Lynch

    Peter Lynch. Peter Lynch (born January 19, 1944) [1] is an American investor, mutual fund manager, author and philanthropist. As the manager of the Magellan Fund [2] at Fidelity Investments between 1977 and 1990, Lynch averaged a 29.2% annual return, [3] consistently more than double the S&P 500 stock market index and making it the best ...

  5. Fidelity Charitable distributes record-setting $11.8 billion ...

    www.aol.com/news/fidelity-charitable-distributes...

    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 ...

  6. Fidelity Investments - Wikipedia

    en.wikipedia.org/wiki/Fidelity_Investments

    Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is an American multinational financial services corporation based in Boston, Massachusetts. Established in 1946, the company is one of the largest asset managers in the world, with $4.9 trillion in assets under management , and, as of December 2023 [update] , $12.6 ...

  7. Donor-advised fund - Wikipedia

    en.wikipedia.org/wiki/Donor-advised_fund

    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 ...

  8. Charity Navigator - Wikipedia

    en.wikipedia.org/wiki/Charity_Navigator

    Charity Navigator is a charity assessment organization that evaluates hundreds of thousands of charitable organizations based in the United States, operating as a free 501 (c) (3) organization. [4] It provides insights into a nonprofit's financial stability, adherence to best practices for both accountability and transparency, and results ...

  9. The $10 billion charity no one has heard of - AOL

    www.aol.com/news/10-billion-charity-no-one...

    In 2021, donors gave the equivalent of $331 million in crypto to Fidelity accounts, up from $28 million the previous year, likely because high crypto valuations in 2021 allowed them to make larger ...