Charitable Giving

The Changing Face of Philanthropy

Americans gave more than $300 billion to charity in 2008.  Individuals were responsible for 75% of that amount — more than corporations and foundations, combined.

Today, people are increasingly concerned with social responsibility. They want to connect to what they are passionate about by committing both money and time. There are so many organizations that depend on charitable giving that it’s sometimes difficult to know where to start.

We have the tools, information, and resources to create a plan that helps you and your family achieve your philanthropic goals by establishing a charitable plan. As you become increasingly strategic in your giving, the benefits — and the effects — of your generosity will multiply.

Alpha Fiduciary can manage your assets within a Charitable Giving Account.

How it Works

The Fidelity® Charitable Gift Fund Giving Account is a donor-advised fund, a type of charitable giving program that allows you to combine the most favorable tax benefits with the flexibility to support your favorite charities at any time.

Give

Make a contribution to the Gift Fund and set up a Giving Account. Then be eligible to take an immediate tax deduction.

Grow

Advise how your contributions are invested, which gives the assets the potential to grow.

Grant

Recommend grants to the charities you support, with the option of being recognized or remaining anonymous.

Take advantage of favorable tax treatment

You may be eligible to take an immediate tax deduction for each contribution. Because the Gift Fund is an independent public charity, contributions may qualify for larger tax deductions than those resulting from other alternative charitable solutions.

If you have a Fidelity Brokerage account, you can make your contributions easily online, even your initial contribution to get started.

Donate appreciated securities to get the most tax savings

By contributing securities with unrealized long-term capital gains directly to the Gift Fund, instead of selling the assets and then donating the proceeds, you can give more to charity and enjoy significant tax savings.

Here’s how it works: You contribute the actual securities to the Gift Fund instead of selling the assets and then donating the proceeds. We then sell the securities and invest the proceeds. You can recommend which investment pools the assets are invested in.
The Gift Fund can also accept contributions of complex securities — including certain restricted stock. See the table below for more details.

Give many types of assets

The Gift Fund accepts a variety of assets, from cash equivalents to real estate.

Recommend how contributions are invested

You advise how contributions to the Fidelity Charitable Gift Fund are invested to provide the potential for the assets to grow, which may ultimately result in additional dollars for charitable grants.

You can request a reallocation of the investment pools by recommending a pool exchange up to two times per month.

The Gift Fund provides four approaches to match your charitable giving objectives:
Asset Allocation Pools, for donors who want to implement a diversified investment strategy for their Giving Accounts in one easy step.
Individual Investment Pools, for donors who want to build a custom strategy combining pools with specific investment objectives for Giving Account balances.
Charitable Legacy Pool, for donors with Giving Account balances of $100,000 or more who are looking to implement a charitable giving strategy with a long-term approach similar to that of an endowment.
Charitable Investment Advisor Program, for donors with more than $250,000 in a Giving Account who would like to nominate their investment advisor to manage some of the Gift Fund’s assets.

For more information call 888.562.4033