Receive your grants faster with Electronic Funds Transfer
For Nonprofits
Get grants faster and more safely with EFT
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. Fidelity Charitable offers both Stripe and ACH as options for EFT.
Benefits of receiving grants from EFT:
- Our EFT program is free for your organization
- Receive grants up to 9x faster than with paper checks
- With 1 in 5 organizations reporting mail fraud, EFT helps protect grants recommended by your donors
Please note, ACH enrollment times may face seasonal delays. Consider Stripe for faster EFT enrollment.
For Nonprofits
Get grants faster and more safely with EFT
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. Fidelity Charitable offers both Stripe and ACH as options for EFT.
Benefits of receiving grants from EFT:
- Our EFT program is free for your organization
- Receive grants up to 9x faster than with paper checks
- With 1 in 5 organizations reporting mail fraud, EFT helps protect grants recommended by your donors
Please note, ACH enrollment times may face seasonal delays. We recommend Stripe for faster EFT enrollment.
Should my organization enroll through Stripe or ACH?
Our free EFT program provides both Stripe and ACH as opportunities for enrollment. We encourage your organization to enroll in whichever program works best for you.
Stripe
Grant details
On-Demand Dashboard
Grant notices
Emailed weekly
Enrollment processing
In 1-3 business days
ACH
Grant details
Sent with grant notice
Grant notices
Emailed daily
Enrollment processing
Times may vary
May face seasonal delays