What are the fees?
Annual Foundation administrative fees range from 0.15% to 2.0% of the market value of the fund. Investment management and consulting fees are an additional 0.20% to 0.60% of the market value of the fund. Fees are assessed monthly based on the market value of the fund at the end of the month.
|Community Impact Funds||2.0%|
|Donor Advised Funds||0.6% up to $500,000|
|0.4% from $500,000 to $1.5 million|
|0.3 % from $1.5 million to $5 million|
|0.15% over $5 million|
|Field of Interest Funds||2.0%|
|Special Project Funds||$10/month or 1% (which ever is greater)|
|Affiliate Foundations||0.7% up to $1 million|
|0.5% from $1 million to $5 million|
|0.33% over $5 million|
How are fees used?
Fees support fund management, investment performance oversight and the annual independent audit. Expenses directly attributable to a particular fund (professional fees, marketing, etc.) are charged to that fund.