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← FIDELITY INVESTMENTS CHARITABLE GIFT FUND

Form 990 for tax year 2024

Filed by FIDELITY INVESTMENTS CHARITABLE GIFT FUND.

Totals

Total revenue
$30,633,210,968
Total expenses
$15,594,895,656
Contributions and grants received
$26,467,716,241
Grants paid
$15,307,491,635
Program service revenue
$0
Investment income
$4,165,494,727
Other revenue
$0
Total assets, end of year
$86,270,322,515
Total liabilities, end of year
$407,583,910
Net assets or fund balances, end of year
$85,862,738,605
Program services expenses (Part IX)
$15,594,895,656
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$15,594,895,656

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $26,467,716,241

  • 1g · Noncash contributions included above

    $17,930,924,273

  • 3 · Investment income

    total $2,087,654,071 · unrelated business $1,955,345 · excluded $2,085,698,726

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $26,667,332,794 · other assets $143,098,581

  • 7b · Less cost or other basis and sales expenses

    securities $24,589,108,241 · other assets $143,482,478

  • 7c · Gain or loss

    securities $2,078,224,553 · other assets -$383,897

  • 7d · Net gain or loss

    total $2,077,840,656 · unrelated business $87,027,573 · excluded $1,990,813,083

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $15,234,325,366 · program services $15,234,325,366

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $73,166,269 · program services $73,166,269

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $179,875,837 · program services $179,875,837

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $1,899,061 · program services $1,899,061

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $84,317,489 · program services $84,317,489

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $0

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $0

  • 24a · Other expenses: OTH CHARITABL INV ADVISOR PRGM

    total $15,615,744 · program services $15,615,744 · management and general $0 · fundraising $0

  • 24b · Other expenses: FEDERAL & STATE TAX PAYMENTS

    total $5,695,890 · program services $5,695,890 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,299,259,547 · end of year $4,522,623,991

  • 2 · Savings and temporary cash investments

    beginning of year $1,178,839 · end of year $1,043,133

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $228,547,972 · end of year $377,305,978

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $55,990,667,810 · end of year $72,403,207,256

  • 12 · Investments: other securities

    beginning of year $7,210,533,631 · end of year $8,909,809,793

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $56,812,828 · end of year $56,332,364

  • 17 · Accounts payable and accrued expenses

    beginning of year $209,422,822 · end of year $369,261,863

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $34,570,175 · end of year $38,322,047

  • 27 · Net assets without donor restrictions

    beginning of year $66,505,610,359 · end of year $85,773,349,431

  • 28 · Net assets with donor restrictions

    beginning of year $37,397,271 · end of year $89,389,174

Mission and programs · 2024

Mission

FIDELITY CHARITABLE SEEKS TO FACILITATE, SUPPORT AND INCREASE CHARITABLE ACTIVITIES IN THE FOLLOWING AREAS; HEALTH AND HUMAN SERVICES, CHILDREN, YOUTH AND FAMILIES; SOCIAL WELFARE; EDUCATION; SCIENTIFIC RESEARCH; CULTURE, ARTS, AND HUMANITIES; RELIGION; CIVIC AND COMMUNITY AFFAIRS; ENVIRONMENT; WILDLIFE AND ANIMALS; TESTING FOR PUBLIC SAFETY AND CONSUMER AFFAIRS AND OTHER CHARITIES THAT SUPPORT CAUSES THAT REPRESENT THE PHILANTHROPIC WISHES AND GEOGRAPHIC REGIONS OF DONORS OF FIDELITY CHARITABLE. FIDELITY CHARITABLE'S GOAL IS TO INCREASE THE DOLLARS TO CHARITABLE ORGANIZATIONS THROUGH FUNDRAISING AND OUTREACH. OUTREACH SERVICES PROVIDED BY FIDELITY CHARITABLE INCLUDE, BUT ARE NOT LIMITED TO: PROVIDING ACCESS TO CHARITABLE RESEARCH TOOLS TO ASSIST DONORS IN MAKING INFORMED GIVING DECISIONS; PRODUCING AND PROVIDING PUBLICLY AVAILABLE EDUCATIONAL LITERATURE TO ASSIST DONORS IN EVALUATING CHARITABLE MISSIONS, FINANCIALS AND BOARDS; AND PROVIDING PUBLICLY AVAILABLE TIMELY GUIDANCE IN THE AR

Activities or mission (Part I)

SEE SCHEDULE O

  • FIDELITY CHARITABLE SEEKS TO FACILITATE, SUPPORT AND INCREASE CHARITABLE ACTIVITIES IN THE FOLLOWING AREAS; HEALTH AND HUMAN SERVICES, CHILDREN, YOUTH AND FAMILIES; SOCIAL WELFARE; EDUCATION; SCIENTIFIC RESEARCH; CULTURE, ARTS, AND HUMANITIES; RELIGION; CIVIC AND COMMUNITY AFFAIRS; ENVIRONMENT; WILDLIFE AND ANIMALS; TESTING FOR PUBLIC SAFETY AND CONSUMER AFFAIRS AND OTHER CHARITIES THAT SUPPORT CAUSES THAT REPRESENT THE PHILANTHROPIC WISHES AND GEOGRAPHIC REGIONS OF DONORS OF FIDELITY CHARITABLE. FIDELITY CHARITABLE'S GOAL IS TO INCREASE THE DOLLARS TO CHARITABLE ORGANIZATIONS THROUGH FUNDRAISING AND OUTREACH. OUTREACH SERVICES PROVIDED BY FIDELITY CHARITABLE INCLUDE, BUT ARE NOT LIMITED TO: PROVIDING ACCESS TO CHARITABLE RESEARCH TOOLS TO ASSIST DONORS IN MAKING INFORMED GIVING DECISIONS; PRODUCING AND PROVIDING PUBLICLY AVAILABLE EDUCATIONAL LITERATURE TO ASSIST DONORS IN EVALUATING CHARITABLE MISSIONS, FINANCIALS AND BOARDS; AND PROVIDING PUBLICLY AVAILABLE TIMELY GUIDANCE IN THE AREAS OF HIGH IMPACT GIVING AND DISASTER RELIEF.

    Expenses $15,594,895,656 · Grants $15,307,491,635

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Leonard Mendonca

    CHAIR/TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Nancy Altobello

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Catherine D'Amato

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • John Halaby

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Tyra A Mariani

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Jennifer McAuliffe

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Rosie Rios

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Todd Williams

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Damian Wilmot

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Jacob Pruitt

    PRESIDENT

    Total calculated
    $0
    Hours/week
    40 + 1 related

  • David Scoglio

    TREASURER

    Total calculated
    $0
    Hours/week
    40 + 1 related

  • Stefan Podvojsky

    SR. VP, I&P (UNTIL 6/24/25)

    Total calculated
    $0
    Hours/week
    40 + 1 related

  • Cindy Gomez

    SECRETARY

    Total calculated
    $0
    Hours/week
    40 + 1 related

  • Brandi Greene

    ASST. SECRETARY (AS OF 2/25)

    Total calculated
    $0
    Hours/week
    40 + 1 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • 02210 LLC

    FUNDRAISING · DE · income $0 · assets $0

    Directly controlled by FID CHAR

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • GLIDE PATH SOLUTIONS TE 2020 LP

    EXCLUDED · EQUITY HOLDIN · CA · 79.89% owned · share of income $894,529 · share of assets $13,766,510

    Directly controlled by FID CHARITABLE

  • ICONIQ GLIDE PATH SOLUTIONS TE 2022 LP

    EXCLUDED · INVESTING · CA · 56.15% owned · share of income $8,527,714 · share of assets $173,921,489

    Directly controlled by FID CHARITABLE

  • RIVET HEALTH SPV I LP

    EXCLUDED · EQUITY HOLDIN · CA · 45.64% owned · share of income $64,594 · share of assets $6,043,931

    Directly controlled by FID CHARITABLE

  • APOLLO PROJECTS SPV-B LP

    EXCLUDED · INVESTING · CA · 70.21% owned · share of income $3,669 · share of assets $13,903

    Directly controlled by FID CHARITABLE

  • PRIVATE DIVERSIFIERS PORTFOLIO TE 2021

    EXCLUDED · INVESTING · CA · 53.64% owned · share of income $40,232 · share of assets $5,439,552

    Directly controlled by FID CHARITABLE

  • REAL ASSETS PORTFOLIO TE 2021 LP

    UNRELATED · INVESTING · CA · 54.45% owned · share of income -$17,792 · share of assets $4,117,517

    Directly controlled by FID CHARITABLE

  • REGENT OPPORTUNITY FUND V BLOCKER III LL

    EXCLUDED · INVESTING · CA · 61.1% owned · share of income $0 · share of assets $5,979,383

    Directly controlled by FID CHARITABLE

  • ICONIQ REAL ESTATE PORTFOLIO 2021 LP

    EXCLUDED · INVESTING · CA · 52.87% owned · share of income $655,678 · share of assets $8,921,114

    Directly controlled by FID CHARITABLE

  • ICONIQ PRIVATE CREDIT PORTFOLIO TE 2021

    EXCLUDED · INVESTING · CA · 58.06% owned · share of income $401,750 · share of assets $3,653,629

    Directly controlled by FID CHARITABLE

  • VENTURE CAPITAL PORTFOLIO TE 2024 LP

    EXCLUDED · INVESING · CA · 54.24% owned · share of income $1,005 · share of assets $213,567

    Directly controlled by FID CHARITABLE

  • GSP ARB COINVEST FUND II-B LP

    EXCLUDED · INVESTING · NY · 70.37% owned · share of income $0 · share of assets $6,145,820

    Directly controlled by FID CHARITABLE

  • PRIVATE DIVERSIFIERS PORTFOLIO TE 2023

    EXCLUDED · INVESTING · CA · 52.74% owned · share of income $7,649 · share of assets $7,178,504

    Directly controlled by FID CHARITABLE

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • FIDELITY'S CHARITABLE POOLED INCOME FUND

    TRUST · INVESTMENT/DO · TX · 100% owned · share of income $2,456,395 · share of assets $56,989,643

    Directly controlled by FID CHARITABLE

  • DG PEP 2023 LTD

    C CORP · INVEST HOLDIN · CJ · 100% owned · share of income $172,794,000 · share of assets $698,686,000 · controlled entity

    Directly controlled by FID CHARITABLE

  • DG PEP 2020LTD

    C CORP · INVEST HOLDIN · CJ · 100% owned · share of income $117,121,000 · share of assets $39,953,000 · controlled entity

    Directly controlled by FID CHARITABLE

  • DG PEP 2021 LTD

    C CORP · INVEST HOLDIN · CJ · 100% owned · share of income $43,934,000 · share of assets $50,683,000 · controlled entity

    Directly controlled by FID CHARITABLE

  • DG PEP 2022 LTD

    C CORP · INVEST HOLDIN · CJ · 100% owned · share of income $86,603,000 · share of assets $101,466,000 · controlled entity

    Directly controlled by FID CHARITABLE

  • KANGKAI HOLDINGS 2021 LTD

    C CORP · INVEST HOLDIN · CJ · 100% owned · share of income $13,605,000 · share of assets $49,928,000 · controlled entity

    Directly controlled by FID CHARITABLE

  • ISO-mts Capital Partners Offshore Ltd

    C CORP · INVEST HOLDIN · CJ · 87.63% owned · share of income $888,152 · share of assets $4,502,552 · controlled entity

    Directly controlled by FID CHARITABLE

  • Manatuck Hill Navigator Offshore Fund I

    C CORP · INVEST HOLDIN · CJ · 55.26% owned · share of income $1,255,201 · share of assets $18,268,071 · controlled entity

    Directly controlled by FID CHARITABLE

Provenance

Return type
form_990
Tax year
2024
Filed
14 May 2026
IRS schema version
2024v5.2
Source object
202601389349301700

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