Are the Donors in Donor-Advised Funds “The Promised Land” or Just Regular Folk?

Fidelity Charitable Funds has just released its latest report on its donors, 2016’s “Giving Report”. Fidelity Charitable is the US second-largest grant-maker behind the Bill & Melinda Gates Foundation, propelled by the collective generosity of the more than 132,000 donors who actively use their Giving Accounts to support the charitable causes closest to their hearts. Last year, these donors recommended USD 3.1 billion in grants to support more than 106,000 organizations in every state and around the globe. As more people adopt donor-advised funds as an efficient, tax-effective and accessible means of supporting their philanthropy, their impact on the charitable sector grows as well. This report is designed to provide insight into donors’ behavior and motivations, so that their impact can be better understood. Read more here.
Source: Fidelity Charitable