Establishing a private foundation can be less expensive than many advisors and their clients think, with an initial contribution as low as $500,000.
Groups connected to higher education, medical research and cultural institutions are flush, but charities that rely on smaller individual gifts are lagging behind.
Most affluent Americans are increasing or maintaining their holiday spending, a new study says.
U.S. philanthropists took eight of the top 10 spots in a list of the 10 largest single charitable donations of 2014.
Charitable donations made on #GivingTuesday and awareness of the day have increased, supporters say.
AssetMark announced it will donate $100,000 over five years to the Foundation for Financial Planning.
Private foundations have experienced growth in asset levels since 2008, but not all have recovered at the same rate, a new study says.
Columnist Dan Moisand encourages advisors and their clients to consider charitable giving and describes many options, including the Foundation for Financial Planning.
Donor-advised fund grants made through Schwab Charitable increase for first quarter.
Better markets are making donors and charities more confident.
Despite market uncertainty, charitable giving by those with at least $1 million is growing, says U.S. Trust and UBS.
Seven of the top 10 most generous cities increased their giving, while three cities experienced declines, according to the Chronicle of Philanthropy report.
As a proportion of their income, the poor and middle class are increasing their philanthropy, while the rich are decreasing their giving.
The Invest In Others Charitable Foundation has recognized five financial advisors for their efforts to improve their communities.
Raymond James advisors and associates volunteered close to 4,000 hours for 90 organizations.
Detroit’s plan to fix its finances with hundreds of millions of dollars in private donations comes years after the U.S. automotive capital got hooked on philanthropy to rebuild the city.
Fidelity Charitable distributed more than 250,000 grants totaling nearly $1.1 billion during the first six months of 2014, a 19 percent increase from the same period last year.
Individuals granted out $822 million in fiscal 2014 to more than 34,500 charities, an increase of 38 percent from a year earlier.
CFA Institute President and CEO John Rogers called for a new era of “fiduciary capitalism" that considers the long-term outcomes for society.
Consumers are choosing to purchase brands based on their companies' social responsibility over giving to charity, according to a recent study.