Fidelity Charitable: Empowering Donations and Transparency

Established in 1991, Fidelity Charitable is dedicated to facilitating donations to users' preferred charitable platforms. Commonly known as The Giving Account, this initiative allows individuals to seamlessly contribute to their chosen charities.

The Giving Account operates by enabling users to make a primary donation, which in turn funds various other charitable organizations. Serving as an intermediary, Fidelity Charitable acts as a bridge between donors and other charities. For instance, if you donate $10,000 to The Giving Account, this amount is then distributed to your selected charitable causes.

A unique aspect of The Giving Account is its donor-centric approach. Donors wield the power to dictate when and where their contributions are allocated. This control empowers individuals to support causes close to their hearts.

When donating to Fidelity Charitable's Giving Account, the organization solely benefits from the tax-deductible donation. Moreover, you have the option to potentially invest your donation, ensuring potential growth without immediate tax concerns while deciding which charities to support.

Notable Features of Fidelity Charitable

1. Charity Support: Through The Giving Account, Fidelity Charitable enables you to contribute to multiple charitable organizations, contingent on your preferences.
2. Tax Receipt: While donating throughout the year, a single tax receipt is issued, ensuring transparency and simplicity.