When you sign your nonprofit up for Electronic Funds Transfer (EFT) from Fidelity Charitable, grants will be directly deposited in your nonprofit’s bank account—no trips to the post office or bank needed. You’ll receive the same donor information as you would with a paper check. Enrollment is easy.
Questions?
Call 1-800-262-6039, Prompt 4
Since 1991, Fidelity Charitable has supported more than 300,000 public charities and grants billions of dollars every year.1 We want to help you engage with the donors who support you.
1Must be an IRS-qualified 501(c)(3) public charity.
Fidelity Charitable is the sponsor of the largest donor-advised fund program in the country.
Our donor-advised fund is called the Giving Account, and here’s how it works:
Fidelity Charitable donors contribute to Fidelity Charitable
Donors recommend grants from their Giving Account to any 501(c)(3) public charities
Fidelity Charitable performs due diligence on recommended grants
Charities receive approved grants, in the form of checks or Electronic Funds Transfer
First, be sure your non-profit organization is in good standing with the IRS as a 501(c)(3) public charity.
Don’t miss out on connecting with potential donors—earn their trust by earning a GuideStar Seal of Transparency. As part of our Giving Account, donors have access to GuideStar’s premium research tools. Do you know what those donors are seeing?
Put a link to DAF Direct on your website, or include a link with your “donate now” messaging next to Mastercard, VISA and PayPal. There is no charge, and donors who already have a donor-advised fund will be able to submit their grant recommendations from your website immediately.
Fidelity Charitable granted more than $7.3 billion to charities last year.2
88% of grants include the donor's name and address.2
79% of our donors volunteer.3
22020 Fidelity Charitable Giving Report
32014 Fidelity Charitable 'Time and Money, the Role of Volunteering in Philanthropy'
Fidelity Charitable is an independent, 501(c)(3) public charity. We sponsor the largest donor-advised fund program in the country. Our donor-advised fund is called the Giving Account. Last year, our donors recommended more than $7.3 billion in grants to support more than 155,000 charitable organizations in every state and around the globe.4
A donor-advised fund, or DAF, is a charitable giving vehicle sponsored by a public charity, called a “DAF sponsor” or “sponsoring organization.” Donors make a contribution to the DAF sponsor, become eligible for a tax deduction, and then recommend grants to any IRS-qualified 501(c)(3) public charity. This may be done all at once, or over time. Donors also have the opportunity to recommend how their contribution is invested, to potentially grow tax-free, which may ultimately provide more dollars for charity.
42020 Fidelity Charitable Giving Report
Since 1991, we have been a leader in charitable planning and giving solutions, helping donors support their favorite charities in smart ways. From world-class service to expertise in handling donations of non-publicly traded assets, we have donors' needs covered.
Or call us at 1-800-262-6039
