#154 of 500 · Foundation / Grantmaker / DAF

Fidelity Foundation

EIN 04-6131201 · MA · NTEE n/a · Form 990-PF, fiscal 2023

A private, non-operating grantmaking foundation based in Boston, Massachusetts, associated with Fidelity Investments. It functions as a capacity-building funder, making grants intended to strengthen the management, infrastructure and long-term self-reliance of nonprofit institutions. Its grantmaking supports organizations in arts and culture, conservation, education, health, and social and economic mobility, primarily in Massachusetts and the Northeast as well as select national organizations.

Financials, fiscal 2023

Revenue

$958.9M

Expenses

$159.2M

Total assets

$3.82B

Net assets

$3.82B

Operating margin

83.4%

1-year growth

43.7%

5-year growth (CAGR)

34.8%

Reserve (years of spending)

288.3

Contributions share

88.5%

Programme spending

n/a

Fundraising cost

n/a

Executive pay share

0.52%

Employees

n/a

Revenue per employee

n/a

Grants paid

n/a

Years filing

31

NFP Health Score: 79 / 100

Financial 72 · Governance 85 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

The Fidelity Foundation is a private foundation committed to building capacity in nonprofit organizations. Foundation grants are designed to encourage the highest standards of management and long-term self-reliance in nonprofit organizations.

Revenue history