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The Fidelity Foundation

 
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    CFDA#

    None     		 

    Funder Type

    Corporate Foundation

    IT Classification

    B - Readily funds technology as part of an award

    Authority

    Fidelity Foundation

    Summary

    Taking an investment approach to grantmaking, the foundation funds organizations where they feel they can add lasting, measurable value. The foundation supports non-profit organizations making high impact in the following sectors:

    • Arts & Culture
    • Conservation
    • Education
    • Health
    • Social & Economic Mobility

    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:

    1. Capital Investments: 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.
    2. Planning Initiatives: This includes funding for project consultants to develop strategic, business, feasibility, technology, and other types of plans.
    3. Technology Projects: 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.
     

    History of Funding

    None is available.

    Additional Information

    Funding restrictions:

    • Organization Type: Grants are not made to start-up, sectarian, or civic organizations; 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.
    • Sponsorships: 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.

    Contacts

    Genie Healy McGowan

    Genie Healy McGowan
    11 Keewaydin Dr., Ste. 100
    Salem, NH 03079-2999
     

  • Eligibility Details

    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

    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

    Deadline Details

    If you believe your organization's funding needs fit within the foundation's guidelines, consider submitting a Letter of Inquiry (LOI) online via the foundation's portal. If your letter results in an invitation to submit a full proposal, the foundation will contact you directly. Typically, the initial Letter of Inquiry review process will take between four and six weeks.

    Award Details

    Award amounts vary. Minimum award is $100,000. Cost matching may be required.

    Related Webcasts Use the links below to view the recorded playback of these webcasts


    • Funding Classroom Technology to Empower Students and Teachers - Sponsored by Panasonic - Playback Available
    • Maximizing Technology-friendly Workforce Development Grants - Sponsored by Panasonic - Playback Available
    • Funding Data-driven Workforce Development Projects - Sponsored by NetApp - Playback Available

 

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