January 10, 2002

'Business Week': Donor-Advised Funds

Though many fund raisers and others fear that people who set up donor-advised funds with help from financial companies like Fidelity Investments, Charles Schwab, and Vanguard would be encouraged to keep their money in their accounts -- and not give it to charity -- that has not been the case, says Business Week (December 24, 2001).

For instance, it says, donors who have funds at Schwab distribute from 18 percent to 30 percent of the assets each year. The magazine also

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