Fidelity program aims to nurture future philanthropists - The Boston Globe

Fidelity program aims to nurture future philanthropists - The Boston Globe: "Fidelity program encourages good will
BU among 5 colleges given $15,000 to seed philanthropy
By Sacha Pfeiffer
Globe Staff / December 14, 2007

In an effort to nurture a future generation of philanthropists, the charitable arm of Fidelity Investments is giving five colleges - including Boston University, the only school selected in Massachusetts - each a $15,000 fund students will decide how to distribute as grants.

The program, sponsored by the Fidelity Charitable Gift Fund, the country's fourth-largest public charity, will put the students in the role of real-life philanthropists. Just as trustees at private foundations and other grant-making organizations do, they will have a chance to form boards of directors, create donor guidelines, research prospective grant recipients, choose which nonprofits should get money and how much they should receive."