
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 ACH and Stripe 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
Should my organization enroll through ACH or Stripe?
With both ACH and Stripe, it’s now easier than ever to receive grants electronically from Fidelity Charitable. We encourage your organization to enroll in whichever platform works best for you.
What is the fee for my organization?
ACH
Free
Stripe
Free
How fast will I receive grant payouts?
ACH
1–3 business days
Stripe
1–3 business days
How can I see the available details from a grant?
ACH
Reports emailed daily
Stripe
Download from Stripe platform
How do I know when I’ve received a grant?
ACH
Notice emailed daily
Stripe
Notice emailed weekly
