True philanthropy involves more than just a financial investment, it involves “showing up” for causes we care about, through volunteering and community service in addition to monetary donations. The employees of BLB&B Advisors demonstrated a strong sense of service to nonprofit organizations throughout 2018, and BLBB Charitable reinforced that philanthropic spirit through its Matching Gift and Volunteer & Board Service Incentive programs. Despite the rigors of professional and family life, BLB&B employees make the time to volunteer in their communities, lending their time and talent free of charge to charitable causes. Those employees who serve on a standing committee or board of a nonprofit organization, or who devote more than 50 hours a year to volunteer service to a nonprofit, can apply for Service Grants to benefit those organizations, ranging from $1,000 to $5,000 per year. In 2018, BLBB Charitable granted $45,500 to nonprofit organizations through the Volunteer & Board Service Incentive program, reflecting BLBB Charitable’s commitment to encouraging those volunteer efforts.

The firm’s employees also make personal donations to charitable causes throughout the year, and through the Matching Gift program, employees can apply for a 2:1 match for donations they have made to nonprofit organizations, with a minimum of $100 and a maximum of $5,000. BLBB Charitable proudly distributed more than $58,000 in grant dollars to nonprofit organizations as a result of Matching Gift requests in 2018, increasing the impact of BLB&B employees’ personal giving for the benefit of worthy causes! These giving programs supplement the grantmaking priorities of BLBB Charitable, dedicated to supporting initiatives that help people discover their true and full potential through educational and leadership opportunities. Learn more about BLBB Charitable at www.blbb.com/charitable.

(At left) Diana Loukedis Doherty, Manager, BLBB Charitable

 
ASSETS UNDER MANAGEMENT FEE
FIRST $1,000,000 1.00%
NEXT $1,000,000 0.85%
NEXT $3,000,000 0.70%
NEXT $5,000,000 0.55%
THEREAFTER 0.40%
MINIMUM FEE $1,500