#2 of 500 · Foundation / Grantmaker / DAF
Fidelity Investments Charitable Gift Fund
An independent 501(c)(3) public charity based in Massachusetts and established in 1991. It is one of the nation's largest grantmakers and sponsors of donor-advised funds. Through its Giving Account, individual and corporate donors contribute cash, securities, and other assets, receive an immediate tax deduction, and recommend grants over time to qualified charities across the United States.
Open the interactive profileFinancials, fiscal 2023
- Revenue
- $14.73B
- Expenses
- $10.54B
- Total assets
- $56.66B
- Net assets
- $55.90B
- Operating margin
- 28.4%
- 1-year growth
- -25.8%
- 5-year growth (CAGR)
- 10.3%
- Reserve (years of spending)
- 63.6
- Contributions share
- 85.7%
- Programme spending
- 0.0%
- Fundraising cost
- 0.0%
- Executive pay share
- 0.00%
- Employees
- n/a
- Revenue per employee
- n/a
- Grants paid
- $10.31B
- Years filing
- 32
NFP Health Score: 83 / 100
Financial 70 · Governance 100 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.
Mission
To grow the American tradition of philanthropy by providing programs that make charitable giving accessible, simple, and effective.
Revenue history
| Year | Revenue |
|---|---|
| 2019 | $9.94B |
| 2020 | $12.25B |
| 2021 | $18.56B |
| 2022 | $19.86B |
| 2023 | $14.73B |