501derful.org
The Chronicle of Philanthropy lists the largest charitable-gift funds this year in the United States. The top four are an order of magnitude larger that the rest. With assets under management, they are:
Fidelity Charitable Gift Fund…………………………………..$3.10 billion
Vanguard Charitable Endowment…………………………….$1.01 billion
National Philanthropic Trust……………………………………..$551 million
Schwab Fund for Charitable Giving…………………………….$536 million
With new laws forcing the payout of at least 5% of the assets per year, we should continue to try and tap these resources where the charity is designated one for health use or research.
