Fidelity Charitable^sm Launches Enhanced Investment Options

Simplified Offering and New Tool Help Donors and their Advisors Invest Charitable Dollars More Strategically

BOSTON – Fidelity Charitable^SM, which manages the nation’s largest donor-advised fund program, today announced a new line of investment options – and a new online tool which is designed to simplify decision-making for donors as they choose how to invest their charitable contributions.
The new investment offering features seven asset allocation pools that provide diversification among multiple asset classes in a single investment, and across the risk spectrum from conservative to aggressive growth. The pools utilize Fidelity Asset Manager^® Funds as their underlying investments, providing Fidelity Charitable donors and their advisors with the same benefits of professional management and experienced stock selection that Fidelity investors have turned to for years. In addition to the asset allocation options, Fidelity Charitable also is offering three new single-asset investment pools, including US Equity, International Equity and Fixed Income, which can be used as building blocks for a diversified portfolio.

“Donors and their advisors are increasingly looking for diversification and simple ways to meet their philanthropic investment goals,” said Sarah Libbey, president of Fidelity Charitable. “We believe that appropriate asset allocation is the most important step to ensure one’s investment objective is met over time, and we’re excited to leverage Fidelity’s leading expertise in this area to help our donors invest and manage their charitable contributions.”

In its donor-advised fund program, Fidelity Charitable enables donors , and their advisors to make financial contributions to individual Giving Accounts, and then recommend how those contributions are invested and ultimately granted to support their favorite causes.

Enhanced Investment Offering Adds to Options for Advisors
For advisors who manage the charitable assets in their clients’ Giving Accounts, the new pools add to the investment options already available to them through the Charitable Investment Advisor Program. This program allows qualified financial advisors to develop and actively manage customized portfolios for a donor’s Giving Account^® of $250,000 or more, and enables advisors to invest in stocks, bonds and mutual funds, as well as in alternative investments such as hedge funds, hedge fund of funds and private equity funds.

The Power of Charitable Investing
By leveraging the power of investing, donors have the potential to provide even greater support to the charities they care about. “Since our inception 20 years ago, the gains that Fidelity Charitable’s investment programs have made available for charitable purposes is an additional $1.7 billion above and beyond the initial contributions received,” said Libbey. “This is, obviously, a significant figure, and one that has the potential to continue to grow as donors invest their charitable dollars for longer-term giving to causes they care about.”

New Pool Selection Tool
To help donors choose how to invest their Giving Accounts, Fidelity Charitable also is introducing the Pool Selector – an online tool that helps donors determine the asset allocation pool that best supports their risk tolerance, time horizon for giving, and philanthropic goals.

“Just as investors evaluate their investment portfolios to ensure they remain on-target to meet their savings goals, donors can make the most of their charitable contributions by investing them according to how and when they plan to grant them,” said Libbey. “The Pool Selector helps donors to thoughtfully consider their charitable goals and to make investment decisions that will help achieve those goals.”

More information on Fidelity Charitable’s enhanced investment offering and the new Pool Selector is available at www.FidelityCharitable.org.

About Fidelity Charitable
Fidelity Charitable is an independent public charity, established in 1991, with the mission to further the American tradition of philanthropy by providing programs that make charitable giving simple and effective. Since its inception, the program has helped donors support more than 140,000 nonprofit organizations with over $11 billion in grants. For more information, visit www.FidelityCharitable.org

1 Donors with more than $250,000 are able to nominate a qualified independent investment advisor to manage their Giving Account® balances

2 Based on cumulative contributions minus cumulative grants, all since inception, subtracted from current assets as of May 31, 2011.

Fidelity Charitable is the brand name for Fidelity® Charitable Gift Fund, an independent public charity with a donor-advised fund program. Various Fidelity companies provide services to Fidelity Charitable. The Fidelity Charitable name and logo are service marks, and Fidelity is a registered service mark, of FMR LLC, used by Fidelity Charitable under license. Giving Account is a registered service mark of the Trustees of Fidelity Charitable.

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