Fidelity Charitable: Why Clients Use Donor-Advised Funds
Fidelity Charitable issued in June a report that analyzes how its donor-advised fund account holders use DAFs to support their favorite charities.
10 More Wealthy Donors Take the Giving Pledge
The global Giving Pledge initiative created by Warren Buffett and Bill and Melinda Gates has grown to 137 signatories.
Fidelity Charitable Reports on Donors’ Use of DAFs
Fidelity Charitable is now the second-largest grant maker in the U.S., behind the Bill & Melinda Gates Foundation.
Big Foundations Replenish Coffers Gutted by Recession
New pet causes include telemedicine and fracking — yes, fracking.
7 Billionaires Pledge Half Their Wealth to Charity
Groupon CEO Eric Lefkofsky and a top hotel executive are among the latest crop of Giving Pledgers.
U.S. Foundations Gave $51B in 2012
U.S. private and community foundations’ grantmaking in 2012 reached an estimated $50.9 billion, according to the Foundation Center’s new annual study.
Program-Related Investing Has Yet to Attract Foundations
Program-related investments can help foundations achieve their charitable goals while generating financial returns, but U.S. foundations have been slow to adopt their use.
Most Big U.S. Foundations Paid Out 5% or More in 2007–2009: Report
A companion study found that the chief factor affecting a foundation’s expense level was whether it employed paid staff. Both reports were funded by the Charles Stewart Mott Foundation.
15 Mega-Foundations Commit to Philanthropic Transparency
The foundations, including the Bill and Melinda Gates Foundation, have formally agreed to release their grant information in a consistent, open and frequent manner.
11 U.S. Donors Join Buffett/Gates ‘Giving Pledge’
Eleven more wealthy U.S. families have committed to give half of their wealth to charitable causes, the Giving Pledge announced last week.