The Giving Account

Tax Benefits & Contributions

Take advantage of favorable tax treatment

You may be eligible to take an immediate tax deduction for each contribution. Because Fidelity Charitable is an independent public charity, contributions may qualify for larger tax deductions than those resulting from other alternative charitable solutions.

If you have a Fidelity Brokerage account, you can make your contributions easily online, even your initial contribution to get started.

Donate appreciated securities to get the most tax savings

By contributing securities with unrealized long-term capital gains directly to Fidelity Charitable, instead of selling the assets and then donating the proceeds, you can give more to charity and enjoy significant tax savings. View hypothetical example >

Here's how it works: You contribute the actual securities to Fidelity Charitable instead of selling the assets and then donating the proceeds. We then sell the securities and invest the proceeds. You can recommend which investment pools the assets are invested in.

We can also accept contributions of complex securities — including certain restricted stock. See the table below for more details.

Give many types of assets

We accept a variety of assets, from cash equivalents to real estate.

Assets Accepted Deduction Limitations1
Cash equivalents, via checks, wires, and Electronic Funds Transfer2 50% of Adjusted Gross Income (AGI)
Publicly traded stock, including control person, lock-up, and other restricted stock 30% of Adjusted Gross Income (AGI)
deductible at Fair Market Value (FMV),
providing they have been held for more than one year
Mutual fund shares
Publicly traded bonds
Pre-IPO shares under certain conditions3
Cash value of a life insurance policy
Complex Assets3
IRA Assets3

Simplify your recordkeeping

  • Confirmations for each contribution serves as your tax receipt.
  • Tracking of all contribution and granting activities is available online anytime and also summarized in statements sent to you quarterly.
  • A single tax form, IRS Form 8283, for filing purposes is provided for non-cash contributions of $500 or more.

The Trustees of Fidelity Charitable must review and approve all contributions. Contributions of anything other than cash equivalents or securities are subject to due diligence processes and will not be considered complete for tax deduction purposes until reviewed and accepted by the Trustees.

1 Information provided is general and educational in nature. It is not intended to be, and should not be construed as, legal or tax advice. Fidelity Charitable does not provide legal or tax advice. Content provided relates to taxation at the federal level only. Availability of certain federal income tax deductions may depend on whether you itemize deductions. Rules and regulations regarding tax deductions for charitable giving vary at the state level, and laws of a specific state or laws relevant to a particular situation may affect the applicability, accuracy, or completeness of the information provided. Charitable contributions of capital gain property held for more than one year are usually deductible at fair market value. Deductions for capital gain property held for one year or less are usually limited to cost basis. Consult an attorney or tax advisor regarding your specific legal or tax situation.

2 Contributions of cash must be by check, wire, or Electronic Funds Transfer and must be drawn upon an account in the donor's name. Fidelity Charitable will not accept contributions of currency or cash-like instruments, including cashier's checks, treasurer's checks, bank checks, bank drafts, traveler's checks, postal money orders, and money orders. These types of checks will be returned to the donor with an explanatory letter.

3 Contact us at 800-262-6039 for more information.

Speak with a representative:1-800-262-6039