FIDELITY LOWERS MINIMUM GIFT FUND CONTRIBUTION: In an effort to make the benefits of donor-advised funds more accessible, the Fidelity Charitable Gift Fund announced that it would lower its initial contribution and grant recommendation minimums.
The minimum initial contribution to the Gift Fund enabling an individual to establish a Giving Account was reduced by 50 percent, to $5,000. The grant recommendation minimum dropped from $250 to $100. Both changes became effective in October.
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