Private Funder: Fidelity Foundation (the giving arm of Fidelity Investments); Opportunity: Fidelity Cares; Funding Focus: Community development, arts/culture and education; Geographic Focus: National (where it has location; Eligibility: Nonprofits near Fidelity Investment’s major corporate locations (Fidelity also sets aside a portion of its total giving each year for good programs outside these geographic limits); Funding: Multiple awards ranging from $50,000 each (it made $20.9 million in grants last year); Deadline: Rolling (LOI).
Summary: These grants help nonprofit effectiveness and organizational capabilities. Eligible applicants include nonprofit organizations located near Fidelity Investments’ major corporate locations. Fidelity also sets aside a portion of its total giving each year for good programs outside these geographic limits. It’s best to check the website. The foundation also makes grants for arts/culture and education.
The majority of education funding is employee-driven through Fidelity Investments’ Matching Gifts to Education program. Since the program began in 1987, the foundation has matched more than 35,000 gifts worth over $24.5 million. Grants are generally made only to organizations with operating budgets of $500,000 or more. Projects addressing the needs of children and youth get priority. The foundation recently gave $250,000 to Boys and Girls Clubs of Boston for an endowment. The foundation is at: www.fidelityfoundation.org
Info: 617/563-6806, info@FidelityFoundation.org for questions or more on the funding opportunity.