Corporate Giving Account

Set up a Giving Account for your company

With a Corporate Giving Account, your firm can benefit from charitable giving administration, reduced internal costs, and consolidated reporting.

The Fidelity Charitable Gift Fund Giving Account is a donor advised fund, a type of charitable giving program that allows individuals and business entities to combine the most favorable tax benefits with the flexibility to support charities at virtually any time.

Supporting charities is flexible and easy

Your company can:

  • Name its own Giving Account, such as, The ABC Corporation Charitable Fund.
  • Support multiple charities from a single donation.
  • Recommend grants to any IRS-qualified public charity.
  • Recommend grants online, on the phone, by fax or by mail.
  • Customize a grant recommendation for a purpose (for example, “On behalf of”).
  • Set up recurring grant recommendations (monthly, quarterly, semi-annually, annually).
  • Be acknowledged for recommending a grant to a charity or have the Gift Fund make the grant anonymously.

The Gift Fund takes care of all cover letters and checks to the charity.

Take advantage of favorable deduction limits

Since the Gift Fund is an independent public charity, companies may be eligible for the maximum tax deduction for charitable contributions:

  • Cash equivalents: up to 50%1 of Adjusted Gross Income (AGI)
  • Long-term appreciated securities: up to 30%1 of AGI, generally deductible at Fair Market Value (FMV)
  • Other long-term appreciated assets: up to 30%1 of AGI, generally deductible at Fair Market Value (FMV)

Multiple investment options to choose from

Donors may recommend multiple investment options, which include asset allocation pools and individual investment pools with different investment objectives. Recommend pool exchanges online or by phone.

Minimums contributions and grant recommendations

  • $100,000 — for initial irrevocable charitable contribution to the Gift Fund
  • $1,000 — for additional irrevocable contributions
  • $100 — for grant recommendations

Easy administration, low fees and expenses

The Gift Fund is responsible for all administrative aspects of the Giving Account, including providing the required annual tax documents for use by Account Holders.

The administrative fee has a maximum level of 0.6% annually (subject to a minimum Giving Account fee of $1,000.00, whichever is greater).

Investment expenses range from 0.07% in the Total Market Index Pool to about 1.11% in the International Pool.

It’s easy to get started

Download an Organization Giving Account Application (PDF) and follow the instructions.

1 Information provided is general and educational in nature. It is not intended to be, and should not be construed as, legal or tax advice. Fidelity does not provide legal or tax advice. Content provided relates to taxation at the federal level only. Availability of certain federal income tax deductions may depend on whether you itemize deductions. Rules and regulations regarding tax deductions for charitable giving vary at the state level, and laws of a specific state or laws relevant to a particular situation may affect the applicability, accuracy, or completeness of the information provided. Charitable contributions of capital gain property held for more than one year are usually deductible at fair market value. Deductions for capital gain property held for one year or less are usually limited to cost basis. Consult an attorney or tax advisor regarding your specific legal or tax situation.

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