Two Fund Shops Go Above and Beyond to Support Charity
American Century and Bridgeway have public service in their genes.
Fund managers are red-blooded capitalists through and through. They focus intensely on their net worth and their investment results. But they also can be generous.
Many donate to charities on their own. One of the most prominent was Templeton Funds founder Sir John Templeton who established the Templeton Foundation in 1987, which donates $60 million a year.
There are two standout examples where, thanks to their founders, two fund companies are remarkably generous. If you invest with American Century or Bridgeway funds, it's likely that a chunk of the fees you pay will make their way to charity.