Fidelity Charitable Reports Record-Breaking Year in Grants and Donations

Fidelity Charitable, which operates the nation's largest donor-advised fund program, announced that its donors' generosity reached an all-time high in 2011, setting records both for incoming contributions to Fidelity Charitable and for the dollar amount of grants made to charitable organizations.

Fidelity Charitable donors made more than 380,000 grants, totaling more than $1.3 billion, to nonprofits nationwide during 2011, both up 8 percent compared with 2010.