Whois & Analysis for fidelitycharitable.org

In the United States, a donor-advised fund is a charitable giving vehicle administered by a public charity created to manage charitable donations on behalf of organizations, families, or individuals.

To participate in a donor-advised fund, a donating individual or organization opens an account in the fund and deposits cash, securities, or other financial instruments.

They surrender ownership of anything they put in the fund, but retain advisory privileges over how their account is invested, and how it distributes money to charities.

Tax deduction is a reduction of income that is able to be taxed, and is commonly a result of expenses, particularly those incurred to produce additional income.

The difference between deductions, exemptions and credit is that deductions and exemptions both reduce taxable income, while credits reduce tax.

The practice of charity means the voluntary giving of help to those in need, as a humanitarian act.

Etymology.

Philanthropy (from Greek) means etymologically, the love of humanity, in the sense of caring, nourishing, developing, and enhancing what it means to be human.

In this meaning, it involves both the benefactor in their identifying and exercising their values, and the beneficiary in their receipt and benefit from the service or goods provided.

A conventional modern definition is "private initiatives, for the public good, focusing on quality of life," which combines an original humanistic tradition with a social scientific aspect developed in the 20th century.

The definition also serves to contrast philanthropy with business endeavors, which are private initiatives for private good, e.g., focusing on material gain, and with government endeavors, which are public initiatives for public good, e.g., focusing on provision of public services.

A person who practices philanthropy is called a philanthropist.

A donation is a gift given by physical or legal persons, typically for charitable purposes and/or to benefit a cause.

A donation may take various forms, including cash offering, services, new or used goods including clothing, toys, food, and vehicles.

It also may consist of emergency, relief or humanitarian aid items, development aid support, and can also relate to medical care needs as i.e. blood or organs for transplant.

Charitable gifts of goods or services are also called gifts in kind.