Fidelity Charitable Grants see nearly 50% Increase Year over Year
Fidelity Charitable donors continued to break records in 2019, recommending $4 billion in grants, a 48% increase compared to the same period last year. The 668,000 donor-recommended grants supported 105,000 charities. This grantmaking record follows an unprecedented $5.2 billion in grants in 2018, $700 million more than the previous year.
Since its inception in 1991, Fidelity Charitable, an independent public charity and the nation’s largest grantmaker, has made more than $35 billion in donor-recommended grants to more than 278,000 charities.