FIDELITY NON-PROFIT MANAGEMENT FOUNDATION Charity Report

Public IRS 990 nonprofit record

FIDELITY NON-PROFIT MANAGEMENT FOUNDATION

EIN 22-3195349 · Community Improvement & Capacity Building (S500)

What they do

MAKING GRANTS and CONDUCTING SUPPORTING ACTIVITIES EXCLUSIVELY for THE BENEFIT OF, to PERFORM ONE or MORE of THE FUNCTIONS OF, or to CARRY OUT ONE or MORE of THE PURPOSES OF, SUPPORTED ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) (CONTINUED ON SCHEDULE O)AND 509(A)(1) or (2) of THE CODE THAT CONDUCT ACTIVITIES IN ARTS and CULTURE, EDUCATION, or MEDICAL RESEARCH and HEALTHCARE, WITH EMPHASIS ON ENCOURAGING THE HIGHEST STANDARDS of NON-PROFIT MANAGEMENT.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $99.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders15 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

54.55%of revenue went to mission work99.6% of expenses · Program services

$54.76spent for every $100 of revenueRevenue covered expenses this year.

0.21%of revenue went to management and office costs0.4% of expenses

$18.11in assets for every $1 spent this yearSome assets cannot be spent right away.

8.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $590,747 for MAURA MARX (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$258,852,289

Mission workProgram services$141,195,96354.55% of revenue99.6% of expenses

ManagementOffice and general costs$553,6060.21% of revenue0.4% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$117,102,72045.24% of revenueShown in gray on the chart

Total expenses$141,749,56954.76% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 99.6% mission · 0.4% management · 0.0% fundraisingTotal expenses: 54.76% of revenue

2023Expense mix: 99.3% mission · 0.7% management · 0.0% fundraisingTotal expenses: 36.83% of revenue

2022Expense mix: 99.1% mission · 0.9% management · 0.0% fundraisingTotal expenses: 74.97% of revenue

2021Expense mix: 98.8% mission · 1.2% management · 0.0% fundraisingTotal expenses: 30.01% of revenue

2020Expense mix: 99.1% mission · 0.9% management · 0.0% fundraisingTotal expenses: 66.97% of revenue

2019Expense mix: 99.5% mission · 0.5% management · 0.0% fundraisingTotal expenses: 35.51% of revenue

Money in and money out

Revenue$258,852,289

Expenses$141,749,569

Annual surplus $117,102,720 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$141,195,963 · 99.6% of expenses

Management and office costs$553,606 · 0.4% of expenses

See all reported dollar amounts

Revenue$258,852,289

Expenses$141,749,569

Assets$2,566,528,357

Income$1,029,506,044

Contributions$22,641,202

Mission work (program services)$141,195,963

Grants given$605,120,685

Average grant$1,344,713

Management and general$553,606

Executive compensation (total)$36,000

Stocks and bonds$2,383,487,979

Accounting fees$41,362

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MAURA MARXPRESIDENT · 21 hrs/week $590,747Base $558,414 · Other $32,333

LARA BETHKEPROGRAM DIRECTOR, MEDICAL SCIENCE · 37 hrs/week $372,965Base $370,042 · Other $2,923

CAROLINE NOLANPROGRAM DIRECTOR, EDUCATION · 32 hrs/week $311,842Base $257,845 · Other $53,997

LISA BEVILAQUAPROGRAM DIRECTOR, ARTS & CULTURE · 30 hrs/week $290,253Base $245,710 · Other $44,543

BARBARA SULLIVANVP, INSIGHTS & IMPACT · 22 hrs/week $278,728Base $244,770 · Other $33,958

NATACHA PERROTTAVP, PROGRAMS · 21 hrs/week $268,636Base $258,063 · Other $10,573

LYDIA BERGENVP, OPERATIONS · 21 hrs/week $264,992Base $231,609 · Other $33,383

DANIEL M ARDITOTREASURER · 16 hrs/week $218,483Base $184,924 · Other $33,559

KEVIN SAUNDERSASST SECRETARY · 17 hrs/week $201,198Base $165,817 · Other $35,381

JOHN PALFREYDIRECTOR · 2 hrs/week $25,000

ROBERT A RADLOFFDIRECTOR & VP · 2 hrs/week $25,000

SUSAN HOCKFIELDDIRECTOR · 2 hrs/week $25,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (15)

MAURA MARXPRESIDENT

LARA BETHKEPROGRAM DIRECTOR, MEDICAL SCIENCE

CAROLINE NOLANPROGRAM DIRECTOR, EDUCATION

LISA BEVILAQUAPROGRAM DIRECTOR, ARTS & CULTURE

BARBARA SULLIVANVP, INSIGHTS & IMPACT

NATACHA PERROTTAVP, PROGRAMS

LYDIA BERGENVP, OPERATIONS

DANIEL M ARDITOTREASURER

KEVIN SAUNDERSASST SECRETARY

JOHN PALFREYDIRECTOR

ROBERT A RADLOFFDIRECTOR & VP

SUSAN HOCKFIELDDIRECTOR

CHRISTOPHER J MCKOWNSECRETARY

EDWARD C JOHNSON IVDIRECTOR & CHAIRMAN

ELIZABETH L JOHNSONDIRECTOR

About this charity

Recognized since: January 1994
Location: 7 WATER STREET, BOSTON, MA 02109-4100
County: Suffolk
In care of: DANIEL ARDITO
Primary officer: DANIEL ARDITO, TREASURER

How to reach them

Phone(617) 646-7418

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: GRANT THORNTON ADVISORS LLC
NTEE classification: Community Improvement & Capacity Building (S500)
IRS tax category: Other Management Consulting Services
Grant-giving organization: Yes