Schwab, Fidelity DAF Grants Set Records in 2015
Schwab and Fidelity account holders each increased charitable grants by more than $1 billion compared with last year.
Foundations, Endowments Buying Emerging Market Debt
Over the past decade, foundations and endowments have repositioned their market exposures away from long-only U.S. equities, according to a new report from eVestment.
Sustainable Investing: No Longer a Backwater
The great majority of investors want their money to have a positive social impact, but advisors lag in meeting that need.
Millennials’ Charity Strongly Influenced by Co-Workers
Millennial employees were 46% likelier to make a donation if a co-worker encouraged them to do so, a study found.
Charitable Giving Set Record in 2014, Growing 7.1%
Americans donated an estimated $358 billion to charity in 2014, edging past the 2007 record of $355 billion, Giving USA reported.
The 401(k) Loan: Friend or Foe for Clients?
Borrowing from a 401(k) plan is often a taboo subject for clients, but there are many scenarios where a client will need to borrow funds.
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.
Billionaires: Where They Are, What They Want
Two-thirds of U.S. billionaires are self-made, a UBS/PwC study finds, and many are at a crucial decision point in their lives.
Smaller Private Foundations Gave Out Much More Than Required in 2014
Foundations with less than $1 million in assets averaged distributions of 13.2%, Foundation Source reported.