Amy N. Danforth was appointed president of Fidelity Charitable®, an independent public charity with a donor-advised fund program. Danforth spent more than five years as senior vice president of marketing and program for Fidelity Charitable, with responsibility for setting and executing strategy for marketing, analytics and research, investments and program management.
Danforth succeeds Sarah Libbey, who has taken a new executive position at Fidelity Investments.
Fidelity Charitable had more than 63,000 Giving Accounts and assets under management of $12 billion at the close of 2013. It was also a record year for granting, at nearly $2.1 billion, a 29 percent increase compared to 2012.
“Amy has played a critical role in shaping and achieving Fidelity Charitable’s strategic goals over the past five years, particularly those related to enhancing services for donors and their advisors, raising awareness of donor-advised funds and supporting the overall mission of the organization,” said Anna Nelson, chair of the Board of Trustees for Fidelity Charitable.
Danforth will be responsible for the day-to-day operations of Fidelity Charitable, which was the first national donor-advised fund program when it launched in 1991 and has helped donors support more than 170,000 nonprofits with over $16 billion in grants to date. She joined Fidelity in 1986 as a sales representative for Fidelity Investments Institutional Services Company.