Amy Danforth heads Fidelity Charitable, a public charity and donor advised fund.
Donations to U.S. colleges and universities rose 9 percent to a record $33.8 billion in the year through June as stock market gains fueled giving.
Finra and United Way Worldwide announce more than $1.2 million in grants to nine recipients as part of the Financial Education in Your Community initiative.
Peter Mallouk’s Kansas firm has become a $10 billion powerhouse in less than 10 years.
Grants to not-for-profits increased to $2.1billion last year from $1.6 billion in 2012.
Donations through the donor-advised fund, Schwab Charitable, grew to $742 million last year.
Financial advisors can help their clients make the most of charitable donations through high-impact giving.
New Year’s resolutions are typically about eating less and exercising more. Raymond James suggests focusing on fiscal health.
Pershing advisor clients can create their own, private-label donor-advised fund.
Financial advisors can become more valuable resources for clients if they initiate a conversation about philanthropy, the head of Vanguard Charitable says.
Advisor Theresa Hannon sent letters with $100 bills tucked inside to 90 clients.
Pimco’s Bill Gross said that wealthy Americans, having reaped the benefits of favorable tax treatment, should be willing to pay a greater share to bolster the prospects of the working class.
Wounded veterans will get all-terrain wheelchairs thanks to money raised from the firm’s advisors and partners.
The Nobel Foundation, which said last year it was using hedge funds to help boost capital, is now considering charitable donations after previous strategies failed to bring in enough money.
Steven Snyder, Michael Strauss and Marc Bernhardt will enhance service to nonprofits.
Grants to charities totaling more than $600 million were a 12 percent boost over the prior year.
The U.S. Supreme Court decisions that strike down the federal Defense of Marriage Act and basically permit gay marriage in California offer financial benefits for same-sex couples.
The number of grants and total amount of money given from donor-advised funds to charities have continued to grow, says Fidelity Charitable.
Almost five years after Lehman Brothers Holding Inc...