Sponsor Donation Recommendations
AUM
$55.9B
Number of Accounts
198,000
Minimum Balance
$0
Initial Contribution Minimum
$0
Grant Minimum Amount
$50
Grant Timing
1 - 2 Weeks
Investment Options
6 - 10
Administrative Fee
0.6 - 0.9%
Established in 1991, Fidelity Charitable launched the first-ever national DAF program. The mission of the organization is to grow the American tradition of philanthropy by providing programs that make charitable giving accessible, simple, and effective.
Sponsor Donation Recommendations
International Granting
Accepts Illiquid Contributions
Ability of 3rd Party Advisors
Political or Religious Affiliation
Sell Their Own Financial Products
Tax Requirements
Minimum Grant Frequency Requirement
Provides Anonymity if Requested
Transferability to Another Sponsor
No History of Security Breaches
Good
Great
Fidelity Investments
None
Fidelity Charitable offers three distinct options for your international philanthropy. You may recommend grants: 1.) To U.S.-based charities with a global mission 2.)To intermediary charities (these are U.S.-based nonprofits that fund overseas charities) 3.) Directly to international charities, available exclusively to Private Donor Group members (accounts over $250,000.
Fidelity Charitable accepts a wide range of financial assets— from cash and checks to stocks and other securities such as mutual fund shares and bonds. They also accept privately held business interests and other illiquid assets.
Account holders may authorize a professional advisor to have either Non-Transactional or Transactional access to the Giving Account.
Fidelity Charitable is independent of any religious or political organizations.
None
Fidelity Charitable policy requires that minimum annual grants, on an overall basis, be greater than 5% of average net assets on a fiscal five-year rolling basis.
Requires a grant at least every 2 years.
Fidelity Charitable does not make grants to non-charitable organizations, individuals, private non-operating foundations,type III supporting organizations that are not “functionally integrated”, and governmental instrumentalities. Other restrictions apply.
Grants are accompanied by a letter from Fidelity Charitable that includes the Giving Account name, unless anonymity is specifically requested
Fidelity Charitable provides six investment approaches to match Account Holders’ charitable giving objectives: Asset Allocation Pools, Single Asset Class Pools, Sustainable & Impact Investing Pools, Charitable Legacy Pool, Charitable Investment Advisor Program, and Charitable DonorFlex Program.
Assets can be transfered to another DAF sponsor that is also a 501(c)(3) charitiy.
Federal investigators believe the same hackers who stole data from J.P. Morgan Chase in 2014 also plucked information from Fidelity Investments. Investigators have said at least 13 companies were targeted by the unknown hackers, making it one of the most significant cyberattacks disclosed in the U.S. To date, only J.P. Morgan and Fidelity are known to have had data stolen.
First $500,000, greater of 0.60% or $100; 0.30% on the next $500,000; 0.20% on the next $1,500,000; 0.15% on next $2,499,999; other flat fees for accounts above $5,000,000
Dedicated team for support. •1-800-262-6039 •Accounts of $250,000 or more are offered a higher level of support & services through Fidelity Charitable’s Private Donor Group.
Online platform and Mobile App
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