Fidelity Charitable grants soared in first half even as market cratered
Its donors recommended nearly a million grants to charity totaling a record $4.8 billion in the first half, up 11% from $4.3 billion in the first half of 2021.
Fidelity Charitable donors set a new record for grants in the first half of 2022, even as the stock market cooled down and inflation ramped up.
The nation’s largest grant-maker saw record support for nonprofits from its donors during the first six months of the year as they recommended nearly a
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