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Fidelity Charitable distributes record-setting $11 8 billion to nonprofits in 2023

The grant total shows how quickly use of the donor-advised fund an investment account that allows donations to be distributed over time is growing.

United statesAndrew grumetJacob pruittHolland knightJude children research hospitalRevenue serviceAssociated pressInternal revenue serviceFidelity charitableWithout borders united statesJude childrenResearch hospital

Ticker: Carl Icahn jumps into JetBlue; Fidelity Charitable distributes $11 8B

Shares of JetBlue soared more than 21% Tuesday as activist investor Carl Icahn took an almost 10% stake in the airline.

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Fidelity Charitable reveals record year in philanthropic giving

Fidelity Charitable reveals record year in philanthropic giving
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Fidelity Charitable distributes record-setting $11 8 billion to nonprofits in 2023 | iNFOnews

Fidelity Charitable distributes record-setting $11 8 billion to nonprofits in 2023 | iNFOnews
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United statesFrancisco secoAndrew grumetJacob pruittGlenn gamboaIvan mozhaievHolland knightLilly endowment incJude children research hospitalRevenue serviceAssociated pressFidelity charitableWithout borders united statesJude childrenResearch hospitalCharitable president jacob pruitt

Fidelity Charitable distributes record-setting $11 8 billion to nonprofits in 2023

Fidelity Charitable, the nation’s largest grantmaker, distributed a record-setting $11.8 billion to nonprofits in 2024, up more than 5% from the previous year at a time when generally donations are dropping. Fidelity Charitable said distributions to nonprofits in 2023 were four times what they were 10 years ago. “I think 2023 was a pretty amazing year,” Fidelity Charitable President Jacob Pruitt told The Associated Press.

United statesJacob pruittAndrew grumetLilly endowment incHolland knightAssociated pressJude children research hospitalRevenue serviceFidelity charitableCharitable president jacob pruittInternal revenue serviceWithout borders united statesJude childrenResearch hospitalLilly endowmentJacob pruitt

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