Fund Administration and Fees
Administrative fees cover all of the administrative costs to manage activity in your fund and also support the Foundation’s community enrichment grant program, provision of technical assistance to local non-profits and other community leadership activities. Administrative fees are based upon the type and size of the fund. Annual fees for endowment and Investors Circle funds start at 1.0% and 1.2%, respectively. Spend down funds do not incur investment or administrative fees. Rather, the investment returns from these funds accrue to the Foundation’s operating fund to cover the costs of activity in your fund and other Foundation programs and services.
