History
Fiduciary Trust Charitable (FT Charitable) was established in 1990 as a 501(c)(3) public charity under the name Fiduciary Charitable Foundation. Its initial purpose was to facilitate annual charitable giving from Fiduciary Trust Company clients to charities.
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Recognizing interest among individuals, family offices, external advisors, nonprofits, and others for donor-advised funds, FT Charitable expanded its offering to include donor-advised funds and related services. As part of the transition in 2017, FT Chartable established an independent Board of Trustees. The trustees hired Fiduciary Trust Company, which has over $22 billion in assets under supervision, to provide administrative services for the DAF program. For investment management services FT Charitable works with Fiduciary Trust Company as well as a growing number of other investment advisors.
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Since launching its donor-advised fund program, FT Charitable has served a wide range of donors and demonstrated significant flexibility and innovation in meeting donors' needs. In 2020, FT Charitable was recognized with a Stevie Award by American Business Awards for innovation in its donor-advised fund program.