Round Table Technology
General

Fidelity Charitable Sued over Handling of Donation

The New York Times reports a couple from California is suing Fidelity Charitable for mishandling their $100 million donation. The couple utilized a donor-advised fund (DAF) which is a popular charitable method.

The lawsuit alleges Fidelity Charitable made promises on how the donation, which included shares of stock, would be managed.

DFW501c.news publishes every week.
All of our reporting takes hours of time to curate, research and report news that can impact the work you do!

Your contribution of a few dollars a month will support our reporters, expand our coverage and ensure we continue bringing you timely, relevant nonprofit news!

Support This Site

About the author

FWD501cReporter