Fiduciary Charitable Foundation
99% goes to programs $0 to raise $100 Strong reserves Declining revenue
Fiduciary Charitable Foundation is a 501(c)(3) organization based in Boston, Massachusetts, registered in 1990, with $61,054,716 in FY2024 revenue. CharityIndex grades it B+, and it directs about 99% of spending to programs.
Co Fiduciary Trust Co Po Box 558, Boston, MA, 02205 EIN 04-6649138 Since 1990
Revenue (FY2024)
$61.1M
▲ 16.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$57.8M
Net assets
$112.2M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →A+Program efficiency40% of the rating99% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Fiduciary Charitable Foundation: 99% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating23 mo reserves · +5% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Fiduciary Charitable Foundation: 23 mo reserves · +5% margin earns a A on this criterion. See the exact thresholds →
C+Governance25% of the rating3 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Fiduciary Charitable Foundation: 3 of 6 checks met earns a C+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Fiduciary Charitable Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Charitable trust organized to facilitate charitable giving by 1) accepting marketable securities, liquidating the asset and dispensing the proceeds to various designated charities, and 2) sponsoring and administering donor advised funds.
What they do
The foundation facilitates charitable giving by sponsoring and administering donor advised funds.
Contact & location
- Address
- Co Fiduciary Trust Co Po Box 558, Boston, MA, 02205
- City
- Boston
- State
- Massachusetts
- Subcategory
- Private Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $19.6M (FY2020) to $61.1M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $112.2M
Operating margin
5.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$112.2M
Total liabilities
$0
Net assets
$112.2M
Salaries & benefits
$101K
0% of expenses
Board members
4
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $61,054,716▲16.5% | $57,820,814▲12.3% | $112,185,493▲3.1% | $112,185,493▲3.1% | 990 |
| 2023 | $52,413,412▲43.8% | $51,506,572▲75.6% | $108,834,291▼5.6% | $108,834,291▼5.6% | 990 |
| 2022 | $36,442,800▼64.8% | $29,327,141▲303% | $115,277,256▼1.9% | $115,277,256▼1.9% | 990 |
| 2021 | $103,573,534▲427% | $7,270,604▲36.6% | $117,480,981▲455% | $117,480,981▲455% | 990 |
| 2020 | $19,649,743 | $5,321,554 | $21,159,232 | $21,159,232 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Adam Thompson | Cfo | 1 | — |
| Doug Marshall | Trustee | 1 | — |
| Emily Mccann | Trustee | 1 | — |
| Peter Brown | Trustee | 1 | — |
| Robin Powell Mandjes | Trustee (as of 2/28/24) | 1 | — |
| Todd Eckler | President/executive Direct | 1 | — |
Grants received · $38.4M total
12 grants to Fiduciary Charitable Foundation totaling $38.4M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| St Louis Community Foundation Incorporated | Funding daf account # 03300900 | 2023 | $407,250 |
| Donor Advised Charitable Giving | Public, societal benefit | 2023 | $87,256 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $2,199,072 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $457,121 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $16,143,670 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $16,143,670 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2021 | $2,092,483 |
| Donor Advised Charitable Giving | Public, societal benefit | 2021 | $101,662 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $190,233 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2020 | $100,000 |
| Donor Advised Charitable Giving | Public, societal benefit | 2019 | $283,318 |
| Donor Advised Charitable Giving | Public, societal benefit | 2018 | $208,710 |
Grants made · $49.4M in FY2024
299 grants totaling $49.4M in FY2024 — showing the 15 largest. All grants made by Fiduciary Charitable Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Carbon Mapper Inc | Donations | $10,000,000 |
| Windward Fund | Donations | $7,730,000 |
| Rf Catalytic Capital Inc | Donations | $5,000,000 |
| Rockefeller Philanthropy Advisors Inc | Donations | $3,250,000 |
| Rockefeller Family Fund Inc | Donations | $1,781,162 |
| Climate Lead Inc | Donations | $1,666,667 |
| Entrepreneurship For All Inc | Donations | $1,077,400 |
| Rocky Mountain Institute | Donations | $1,030,000 |
| Brown University of Providence | Donations | $1,001,500 |
| Tides Foundation | Donations | $1,000,000 |
| University of California San Francisco Foundation | Donations | $1,000,000 |
| Partnership Project Inc | Donations | $650,000 |
| Mass General Brigham Incorporated | Donations | $601,000 |
| Institute For Energy Economics and Financial Analysis Inc | Donations | $600,000 |
| Lappin Foundation | Donations | $550,000 |
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Frequently asked questions
- Is Fiduciary Charitable Foundation a legitimate nonprofit?
- Yes. Fiduciary Charitable Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-6649138, based in Boston, Massachusetts. Donations are tax-deductible.
- What is Fiduciary Charitable Foundation's EIN?
- Fiduciary Charitable Foundation's Employer Identification Number (EIN) is 04-6649138.
- How much revenue does Fiduciary Charitable Foundation report?
- Fiduciary Charitable Foundation reported $61,054,716 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Fiduciary Charitable Foundation's spending goes to programs?
- Fiduciary Charitable Foundation spends about 99% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Fiduciary Charitable Foundation have?
- CharityIndex grades Fiduciary Charitable Foundation B+, based on program efficiency and fundraising cost.
- How much does Fiduciary Charitable Foundation's highest-paid employee make?
- The highest reported compensation on Fiduciary Charitable Foundation's latest Form 990 is $0, paid to Adam Thompson (Cfo).
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Data for Fiduciary Charitable Foundation (EIN 04-6649138) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.