Fidelity Foundation Grant
Fidelity FoundationSuggest an update
Grant amount: Unspecified amount
Applicant type: Nonprofit
Funding uses: Training / Capacity Building, Capital Project
Location of project: Canada, Denver County, Colorado, Duval County, Florida, Kenton County, Kentucky, Suffolk County, Massachusetts, Hillsborough County, New Hampshire, Hudson County, New Jersey, Bernalillo County, New Mexico, Counties in North Carolina: Durham County, Orange County, Wake County, Hamilton County, Ohio, Providence County, Rhode Island, Counties in Texas: Collin County, Dallas County, Denton County, Johnson County, Kaufman County, Parker County, Rockwall County, Tarrant County, Wise County, Salt Lake County, Utah Show all
Location of residency: Canada, Denver County, Colorado, Duval County, Florida, Kenton County, Kentucky, Suffolk County, Massachusetts, Hillsborough County, New Hampshire, Hudson County, New Jersey, Bernalillo County, New Mexico, Counties in North Carolina: Durham County, Orange County, Wake County, Hamilton County, Ohio, Providence County, Rhode Island, Counties in Texas: Collin County, Dallas County, Denton County, Johnson County, Kaufman County, Parker County, Rockwall County, Tarrant County, Wise County, Salt Lake County, Utah Show allView website Save Need help writing this grant?
About the Foundation
The Fidelity Foundation is a private, nonoperating 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. Taking an investment approach to grantmaking, we fund organizations where we feel we can add lasting, measurable value. We seek to support major initiatives that nonprofits undertake to reach new levels of achievement, and the Foundation’s founding operating principles still guide our decisions and grantmaking today.
Strengthening Nonprofit Organizations
The Fidelity Foundation grant program was designed to strengthen the long-term effectiveness of nonprofit institutions. The types of projects we fund, and the way in which we fund them, are specifically intended to help nonprofits build the organizational capabilities they need to better fulfill their missions and serve their constituencies.
Approaching Grants as Investments
The Foundation views our philanthropy as an investment—not just of financial resources, but also of our business skills and experience. In considering each Proposal, we apply the fundamentals of investing: we carefully examine each aspect of an organization's project idea, management team, and financial situation before committing our resources, in order to ensure that a grant can achieve tangible results.
The Foundation seeks to leverage its resources wherever possible. Often we do this by offering challenge grants that encourage nonprofits to seek and secure other funding partners. The Foundation also helps match grants given by other national foundations. We draw on our own business experience by working with grantees to develop performance measures that help determine whether a grant accomplished its intended purpose. As information is gained from funded projects, it is used to help inform future projects in similar fields.
Commitment to Excellence and Innovation
The Foundation's grant program seeks to reflect Fidelity Investments' commitment to quality and continuous improvement. We especially look for projects representing creative and innovative means of advancing an organization or nonprofit sector, and strive to remain flexible and opportunistic through a competitive selection process.
As a private, independent, nonprofit entity, the Foundation awards grants only under the direction of its Trustees on the basis of our guidelines, project merits and availability of funds. We use a comprehensive approach to determine whether our collaboration and investment can add value and will measurably improve the applicant’s impact. Our selection criteria focus on the overall organization, the project being proposed and the project’s likelihood of success. Outlined below are the organizational requirements, sector priorities, and geographical boundaries that govern our funding.
The Foundation supports non-profit organizations making high impact in the following sectors:
- Community and social services including youth development, providing access to basic human needs such as food, health care, and housing
- Museums, historical, and other cultural organizations
- Financial literacy for youth including financial education and capability
- Educational institutions*
*The majority of our education funding is employee-driven through Fidelity Investments' Matching Gifts to Education program: The Foundation matches charitable contributions made by eligible full-time Fidelity employees to qualified educational institutions. Since the program began in 1987, the Foundation has matched more than 58,000 gifts, with over $45 million.
Types of Projects
The Foundation seeks to work with organizations on strategic, transformative projects that have the potential to substantially increase the grantee's impact, efficiency, or long-term sustainability. These capacity-building projects fall into three areas:
These are large-scale projects central to the overall health and sustainability of the applicant, such as new construction, renovations, expansions, and other initiatives that support the organization's strategic vision.
This includes funding for project consultants to develop strategic, business, feasibility, technology, and other types of plans.
These are high-impact technology initiatives that can substantially increase an organization's efficiency, effectiveness, and sustainability.
Projects may include the development of front and back-end office systems; performance measurement systems; online functionality; and financial accounting, inventory management, point-of-sale, and other business systems.
You can learn more about this opportunity by visiting the funder's website.
- All grant applicants must have:
- Current 501(c)(3) public charity status
- Operating budgets of $1 million or more
- Proposed projects budgeted at $100,000 or more
- Geographic Focus
- The Foundation considers influential community projects from organizations in regions around Fidelity Investments' employee sites in the listed metropolitan areas.
- Organizations of national importance and high-impact projects with potential to inform the nonprofit sector are also of interest.
- Albuquerque, NM
- Boston, MA
- Raleigh/Durham, NC
- Covington, KY/Cincinnati, OH
- Dallas/Ft. Worth, TX
- Denver, CO
- Jacksonville, FL
- Jersey City, NJ
- Merrimack, NH
- Smithfield, RI
- Salt Lake City, UT
- Toronto, Canada
- Organization Type
- Grants are not made to start-up, sectarian, or civic organizations; public school systems; disease-specific associations; or individuals.
- Project Type
- Grants are not made for operating support, sponsorships, galas or benefits, scholarships, corporate memberships, or video and film projects.
- Capital Campaigns
- The Fidelity Foundation is a resource for capital campaigns that have already demonstrated significant constituent and community support by attracting at least half of the goal.
- The Foundation is not generally a lead or majority donor to capital campaigns.
- Emergency Funding
- The Foundation's goal is to strengthen the long-term effectiveness of nonprofit organizations.
- As we most often work with organizations undertaking major initiatives to reach new levels of achievement, we are not typically a resource for emergency or immediate funding.
- Multi-Year Grants
- We see an organization's ability to attract a broad range of support as a key sign of its strength and sustainability.
- As our funding program is intended to strengthen nonprofit organizations, we generally do not make successive-year or multiple-year grants.
- While the Foundation is not a resource for event sponsorship, volunteerism, community initiatives, or in-kind support, Fidelity Investments' corporate offices may be.
- Please visit Fidelity Corporate Sponsorship for more information.
- We consider an organization's ability to attract a broad range of support as key to its strength and sustainability. As our funding program is intended to strengthen nonprofit organizations, our grants generally do not support the entire cost of a project.
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