FIDELITY NON-PROFIT MANAGEMENT FOUNDATION
7 WATER STREET, BOSTON, MA · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $258,852,289 | $141,749,569 | $2,566,528,357 |
| FY2023 | $279,618,620 | $102,992,015 | $2,449,324,409 |
| FY2022 | $137,942,315 | $103,419,151 | $2,272,862,889 |
| FY2021 | $256,876,248 | $77,098,233 | $2,237,901,889 |
| FY2020 | $111,980,332 | $74,993,413 | $2,058,127,832 |
| FY2019 | $383,592,162 | $136,206,522 | $2,021,140,913 |
| FY2018 | $383,081,506 | $34,275,523 | $1,674,450,896 |
| FY2017 | $225,950,566 | $47,939,138 | $1,325,644,913 |
| FY2016 | $207,785,302 | $51,760,842 | $1,147,633,485 |
| FY2015 | $84,258,438 | $154,731,657 | $989,206,399 |
| FY2014 | $60,539,264 | $24,122,033 | $1,059,679,618 |
| FY2013 | $238,509,457 | $46,391,727 | $1,023,458,134 |
| FY2012 | $100,184,790 | $71,973,744 | $831,459,679 |
| FY2011 | $69,942,751 | $68,787,158 | $801,744,638 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $22,641,202 | 100% |
| Program service revenue | $0 | 0% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $141,195,963 | 100% |
| Management & general | $553,606 | 0% |
| Fundraising | $0 | 0% |
What the numbers show
- Contributions & grants made up 100% of total revenue in FY2024.
- Program services accounted for 100% of functional expenses, management & general 0%, and fundraising 0%.
- 100% of functional expenses went to program services in FY2024. That is higher than 95.7% of 23 Community Improvement & Capacity Building organizations in MA.
- Net assets covered about 217.3 months of expenses at the end of the reporting year. That puts it in the 93rd percentile among 677 Community Improvement & Capacity Building organizations in MA.
- Total revenue was higher than 99.9% of 688 Community Improvement & Capacity Building organizations in MA.
- Total revenue rose from $69,942,751 in FY2011 to $258,852,289 in FY2024, Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2015).
- The highest revenue on record here is $383,592,162 in FY2019.
- Net assets grew from $801,744,638 to $2,566,528,357 between FY2011 and FY2024.
- Contributions and grants made up 2% of revenue in FY2011 and 9% in FY2024.
- Donations may be deductible (supporting organization, type unspecified).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
SEE PART III LINE 1
IRS status
| Ruling year | 1994 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | S500 — Community Improvement & Capacity Building |
| Donations | Donations may be deductible (supporting organization, type unspecified). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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