Fidelity Charitable® in the news

Donor-advised fund sponsors, such as Fidelity Charitable, control significant charitable assets and have been criticized for inconsistently and opaquely defunding charities like the Southern Poverty Law Center based on unproven allegations, while maintaining funding for others facing severe legal issues.

Asana director Justin Rosenstein donated 2.7 million Class A shares to Fidelity Investments Charitable Gift Fund.

Fidelity's educational materials reveal that selling appreciated stock before donating is less advantageous for both donors and charities due to capital gains tax and reduced deductions, especially with upcoming 2026 tax law changes, making direct stock donations or donor-advised funds more efficient.

DAF-to-DAF giving reached $7 billion in 2024, with $23.5 billion cycling between donor-advised fund sponsors since 2020, inflating grant numbers without directly funding operating charities.

Donor-advised funds (DAFs), particularly commercial ones like Fidelity Charitable, are rapidly accumulating charitable assets without payout requirements, diverting significant funding from operating charities.

Fidelity is a massive, family-led private financial firm managing trillions in assets and providing diverse brokerage, retirement, and charitable services.

Major donor-advised fund sponsors are restricting grants to the Southern Poverty Law Center following its criminal indictment.

Major donor-advised fund sponsors face backlash and potential loss of assets after blocking donations to the Southern Poverty Law Center.

Research supported by Fidelity Charitable shows how second-home owners use donor-advised funds and volunteering to invest in the social and environmental health of their seasonal communities.

Donors face unexpected restrictions when attempting to grant money to certain organizations through donor-advised funds.

Nonprofits must shift from transactional mass-fundraising to a relationship-centered model that treats every donor with the personalized stewardship typically reserved for major givers.

Major donor-advised fund providers are facing backlash from community foundations for blocking donations to the Southern Poverty Law Center following a federal indictment.

Major donor-advised fund providers have suspended grants to the Southern Poverty Law Center following a controversial federal indictment, sparking concerns over donor intent and institutional neutrality.

Major donor-advised fund platforms, including Fidelity Charitable, stopped funding the Southern Poverty Law Center after a money-laundering indictment, while the San Francisco Foundation continued its support.

Major donor-advised fund providers, including Fidelity Charitable, have blocked grants to the Southern Poverty Law Center due to pending judicial charges, while the Cambridge Community Foundation offers an alternative that allows such donations.

Fidelity Charitable and Vanguard Charitable halted grants to the Southern Poverty Law Center following a DOJ indictment, sparking debate about the neutrality of donor-advised funds.

The San Francisco Foundation is criticizing Fidelity Charitable for blocking grants to the SPLC and is actively recruiting their dissatisfied donors.

Fidelity and Vanguard have suspended charitable grants to the Southern Poverty Law Center following federal fraud and money laundering charges against the nonprofit.

Fidelity and Vanguard restricted donor-advised fund grants to the Southern Poverty Law Center following a legal indictment.

Fidelity Charitable and Vanguard are blocking client donations to the Southern Poverty Law Center following a federal indictment the SPLC claims is politically motivated.