Though we may be drawn to it in our reading choices and sometimes, regrettably in our personal relationships, mystery is something most of us would rather not see as a major characteristic of philanthropic institutions. Especially when our view of the door leading to the riches is obscured.
This brings us to the Fidelity Charitable Gift Fund.
There it sits.
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Holding $3.7 billion in donor advised funds, paying out at five times the rate of most philanthropies, making grants for general operating support at twice the rate of foundations . . . and still growing.
Allow us to introduce the Fidelity Charitable Gift Fund to you in this NPQ interview [http://www.dev-npq-site.pantheonsite.io/index.php?option=com_content&view=article&id=1997:fidelitys-charitable-gift-fund-shows-well-in-recession&catid=153:web-articles] with the Gift Fund’s CEO, Sarah Libbey. Do note that you will not find a magic bullet here to tell you how your nonprofit might access the billions in Fidelity’s donor advised funds. But you might just get a better understanding of the future shape of philanthropy with commercially affiliated charitable funds such as Fidelity’s in the future.