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Fidelity Charitable reports surge in DAF grants for 2019
Publication year - 2020
Publication title -
nonprofit business advisor
Language(s) - English
Resource type - Journals
eISSN - 1949-3193
pISSN - 1531-5428
DOI - 10.1002/nba.30742
Subject(s) - fidelity , surge , set (abstract data type) , political science , public administration , business , finance , computer science , geography , meteorology , telecommunications , programming language
Fidelity Charitable, the nation's largest administrator of donor‐advised funds, awarded a record‐breaking $7.3 billion in grants from its DAF accounts in 2019, far exceeding the previous record of $5.2 billion set in 2018, and offering further confirmation that DAFs are the fastest‐growing vehicle for giving in the United States.