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Filing year 2024

FIDELITY FOUNDATION

Boston, Massachusetts·EIN 04-6131201·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$1.3B
Total assets
$5B
Total expenses
$171.8M
Reported officers
7

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts.

President
Board President
Above 90th percentile
$489k
$522k
Treasurer
Board Treasurer
Above 90th percentile
$257k
$274k
Secretary
Board Secretary
Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers nationwide
$178k
$191k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at FIDELITY FOUNDATION equaled 0.3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
0.3%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$156.2M

Itemized grants

4,430

Median grant

$400

RecipientLocationPurposeAmount
HOBART AND WILLIAM SMITH COLLEGESGENEVA, NYGENERAL OPERATING / ANNUAL SUPPORT$10M
PINE STREET INN INCBOSTON, MAENDOWMENT$5M
NORTHEAST WILDERNESS TRUSTMONTPELIER, VTENDOWMENT$3.3M
BOYS & GIRLS CLUBS OF PALM BEACH COUNTYWEST PALM BEACH, FLLAND / BUILDING ACQUISITION$2.5M
COX SCIENCE CENTER AND AQUARIUMWEST PALM BEACH, FLCONSTRUCTION$2.5M
NEW ENGLAND AQUARIUMBOSTON, MADISCOVERY RESEARCH (SCIENCE)$2.5M
ST LAWRENCE UNIVERSITYCANTON, NYENDOWMENT$2.5M
ADOPT-A-STUDENT FOUNDATIONBOSTON, MACAMPAIGN / FUNDRAISING PLAN$2M
EVERYTOWN FOR GUN SAFETYNEW YORK, NYGENERAL OPERATING / ANNUAL SUPPORT$2M
GRAND TETON NATIONAL PARK FOUNDATIONMOOSE, WYACQUISITION FOR PRESERVATION$2M
UPSTREAM USA INCBOSTON, MAPLANNING$2M
BOSTON FOOD FOREST COALITIONJAMAICA PLAIN, MAACQUISITION FOR PRESERVATION$1.5M
NATURE CONSERVANCY INCARLINGTON, VASYSTEM REPAIR/REPLACEMENT$1.2M
COOK CHILDREN'S HEALTH FOUNDATIONFORT WORTH, TXCONSTRUCTION$1M
GLOBAL ARTS LIVECAMBRIDGE, MAENDOWMENT$1M
NORTHEAST WILDERNESS TRUSTMONTPELIER, VTENDOWMENT$1M
THE CHILDREN'S THEATRE OF CINCINNATICINCINNATI, OHLAND / BUILDING ACQUISITION$1M
UNIVERSITY OF TEXAS FOUNDATIONAUSTIN, TXCONSTRUCTION$895k
BOYS & GIRLS CLUBS OF PROVIDENCEPROVIDENCE, RIRENOVATION$750k
BREWSTER ACADEMYWOLFEBORO, NHRENOVATION$750k
CAROLINA YOUTH COALITIONCHARLOTTE, NCPROGRAM EXPANSION$750k
WORLD CENTRAL KITCHENWASHINGTON, DCOTHER$750k
COMP-U-DOPTHOUSTON, TXTECHNOLOGY & EQUIPMENT$715k
NATURAL HISTORY MUSEUM OF UTAHSALT LAKE CITY, UTPROGRAM DEVELOPMENT / EVALUATION$700k
PEROT MUSEUM OF NATURE AND SCIENCEDALLAS, TXNEW CONSTRUCTION$700k
Compare this foundation's grantees

Up 7%
from 2023

From $455k in 2023 to $489k in 2024.

$455k
2023
$489k
2024
In today's dollarsEst.
Up 4% in real terms$501k to $522k

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay rose 7% from 2023 to 2024, while revenue rose 38%.

$455k in 2023 to $489k in 2024.
  • Board Treasurer pay rose 12% from 2023 to 2024.
  • Board Secretary pay fell 2% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($1B+), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about FIDELITY FOUNDATION

What does the Board President of FIDELITY FOUNDATION earn?

In 2024, the Board President of FIDELITY FOUNDATION received $488,948 in total compensation. This pay is in the top 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board President pay at FIDELITY FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Massachusetts, the 2024 pay of the Board President at FIDELITY FOUNDATION falls in the top 10%. In 2024, the highest total compensation at FIDELITY FOUNDATION equaled 0.3% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are FIDELITY FOUNDATION's revenue and expenses?

In 2024, FIDELITY FOUNDATION reported $1.3B in total revenue and $171.8M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1B+), because foundation pay scales with assets under management, not revenue.