Fidelity Charitable, the nation’s largest grantmaker, announced Tuesday that 2022 was another record-setting year, with $11.2 billion in grants awarded by its donor-advised fund holders, up 9% over 2021.
What makes the new record even more notable was that the donations came during a year of high inflation and recession worries. In fact, 2022 was a rare year when grants flowing out of Fidelity Charitable’s donor-advised funds outpaced the investments going into them.
