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Receive your grants faster with Electronic Funds Transfer

For Nonprofits

Get your grants faster and safer

When you sign your nonprofit up for Electronic Funds Transfer (EFT) from Fidelity Charitable, grants will be directly deposited in your nonprofit's bank account—reducing the administrative burden of receiving paper checks.

Benefits of receiving grants from EFT:

  • Our EFT program is free
  • Receive grants up to 9x faster than paper checks
  • With 1 in 5 organizations reporting mail fraud, EFT helps protect grants recommended by your donors
  • Detailed grant reports with available donor information can be sent securely to up to five staff members
  • Focus more on your mission and less on administrative tasks through improved operational efficiency