The University of Chicago received a $100 million pledge, the second-largest in its history, from a pair of entrepreneurial twin brothers to create an institute to study global conflicts.
PRIs are investments made purely to fill a private foundation’s charitable mission.
Most philanthropists working with Fidelity Charitable know what they want to give and to whom, but do not have a written plan setting their charitable goals, a new survey says.
Billionaires signing the pledge to give away half their money can bring themselves glowing press coverage, but less publicized is the fact that signatories are under no legal obligation to donate any...
The MacArthur Foundation, the U.S. non-profit that awards “genius grants” to exceptionally creative people, is closing its Moscow office after Russian lawmakers branded it a threat to the country.
Schwab Charitable and Fidelity Charitable report increased giving, including efforts to help earthquake victims in Nepal.
His plan to overhaul the U.S. tax system calls for a 14.5 percent federal flat tax for consumers and companies, the elimination of almost all deductions and more.
The first discussion of the new group focused on philanthropy.
Most philanthropic individuals are not discussing long-term charity goals with their advisors, Fidelity Charitable says.
If advisors don't start the conversations about charitable giving with their clients, the clients will turn to other people.
Foundations saw a lower growth in assets last year, but continued to make higher-than-required grants, says Foundation Source.
The budding online peer-to-peer business lending industry is finding success through healthy returns and quick loan application processing.
Advisors could be missing the chance to extend and improve relationships with their best clients, a Fidelity Charitable official said after a recent charity event.
Google and Apple may be staying away, but Bank of America’s Merrill Lynch is poised to make a new marketing push to lure the savings of the 70 million strong group of millennials.
A 48-year-old co-founder and managing director of an RIA firm is scheduled to receive a bone marrow transplant that may save his life.
Donor-advised funds can help facilitate the conversion of appreciated assets into tax-effective charitable contributions.
Fidelity Charitable, a donor-advised fund, increased its grants while donors also volunteer their time, Fidelity says.
Grants made through Schwab Charitable donor-advised funds grew to $928 million in 2014.
The efforts Of Bill Dwyer and several heart-rending stories are elevating the profile of Invest In Others, a charitable foundation that recognizes advisors' philanthropy.
The plan would raise the top capital gains rate to 28 percent, impose tax increases for high earners, limit tax breaks for 529 plans and take other steps to pay for new programs.