Investors contributed $748 million to Fidelity Charitable, the largest donor-advised fund in the U.S., in the first nine months of 2011, a 23% increase from the first three quarters of 2010. Thus, the fund is on course to receive the largest amount of contributions in its 20-year history, Fidelity said.
And in this period, investors in the fund recommended $832 million in grants to non-profits, a 12% increase over the first nine months of 2010.
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