Financial Planning

Philanthropy

• BNY Mellon Names Sales Director to Charitable Gifts Biz

  April 12, 2012

  BNY Mellon Wealth Management has named an expert in philanthropy and planned giving sales director of its Charitable Solutions Group.

• Donor-Advised Funds Propel Fidelity Charitable to Record-Breaking Year

  January 31, 2012

  Fidelity Charitable, operator of the nation’s largest donor-advised fund program, said its donors set records in 2011 both in the amount of money contributed to the fund and in the amount that was taken out of the fund and granted to charities.

• Millionaires Want to Give Back Despite Economic Headwinds

  January 17, 2012

  Almost six in 10 millionaires believe they have an obligation to give back to their communities, unchanged from 2008, when the U.S. economy went into a tailspin, according to a PNC Wealth Management survey.

• Women Control Philanthropic Decisions in Wealthy Households: BoA Survey

  December 12, 2011

  In nearly 90% of high-net-worth households, women are either the sole decision maker or equal partners in decisions on charitable giving, according to a Bank of America Merrill Lynch survey in conjunction with The Center on Philanthropy at Indiana University.

• Why Give?

  December 8, 2011

  When planners help clients manage their wealth, it is important to help them recognize the deep emotional sources of philanthropy.

• Fidelity Announces GivingCentral Online Platform for Advisors

  December 1, 2011

  Fidelity Charitable has rolled out GivingCentral, an online advisor platform, and a dedicated advisor service team.

• Fidelity Charitable On Track for Record Contributions

  October 27, 2011

  Investors contributed $748 million to Fidelity Charitable, the largest donor-advised fund in the U.S., in the first nine months of 2011, a 23% increase from the first three quarters of 2010. Thus, the fund is on course to receive the largest amount of contributions in its 20-year history, Fidelity said.

• Fidelity Charitable Gift Fund Sees Trend in Donation of Complex Assets

  June 3, 2011

  On Friday, Fidelity Charitable Gift Fund announced an expanded consultation service and series of seminars on strategic giving of C- and S-Corp stock, restricted stock, limited partnership interests, real estate and other privately held assets.

• Foundation for Financial Planning Readies Awards, Grants

  May 13, 2011

  The group is preparing to judge the inaugural Pro Bono Awards while conducting annual evaluation of grant applications