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
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
Should my organization enroll through Stripe or ACH?
With both Stripe and ACH, 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?
Stripe
Free
ACH
Free
How fast will I receive grant payouts?
Stripe
1–3 business days
ACH
1–3 business days
How can I see the available details from a grant?
Stripe
Download from Stripe platform
ACH
Reports emailed daily
How do I know when I’ve received a grant?
Stripe
Notice emailed weekly
ACH
Notice emailed daily
