Fidelity Charitable, an independent public charity that has helped donors support more than 170,000 nonprofit organizations with more than $16 billion in grants, said Wednesday that Amy N. Danforth has been appointed to the post of president.
Danforth succeeds Sarah Libbey, who has taken a new executive position at Fidelity Investments, the Boston-based financial services company.
In 1991, Fidelity Investments sponsored the creation of Fidelity Charitable as an independent public charity with a donor-advised fund program. Fidelity Charitable is the brand name for the Fidelity Charitable Gift Fund.
Danforth joined Fidelity in 1986 as a sales representative for Fidelity Investments Institutional Services Company. Between 1986 and 2000, she served in increasingly senior positions in several Fidelity companies, responsible for marketing, high net worth services, and digital initiatives. Danforth left Fidelity for several years, then returned in 2005.
“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,” Anna Nelson, chair of the board of trustees for Fidelity Charitable, said in a statement. “This proven ability to move Fidelity Charitable forward instills great confidence in the board for Amy in her new role as president. Under her leadership, we anticipate a continued focus on furthering current programs and driving new innovations that make giving simple and effective for donors and the charitable causes they support.”