Thursday, May 13, 2010

The Nonprofit Quarterly | The Nonprofit Quarterly | Nonprofit Newswire | Fidelity Adding Donors and Dollars at Unprecedented Rate

The Nonprofit Quarterly | The Nonprofit Quarterly | Nonprofit Newswire | Fidelity Adding Donors and Dollars at Unprecedented Rate: "May 6, 2010; Source: The Chronicle of Philanthropy | Sometimes big news doesn’t get picked up as widely as it should. Last week, the Fidelity Charitable Gift Fund announced that contributions in the first quarter of 2010 to the Gift Fund (as you know, a 501(c)(3) entity) rose 109 percent compared to the same period last year (from $129m to $270m) and grants from the donor-advised funds at Fidelity to charities were up 35 percent (from $199m to $269m)."

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