An annual fee from all charitable funds at The Foundation helps cover administrative costs and supports The Foundation's annual grants program.
Donor Advised Fund
The Foundation charges your fund an annual fee of 1.5% of the balance in your Donor Advised Fund.
The Foundation charges an annual administrative fee of 1% based on the market value of the assets in your Endowment Fund.
Family Support Organization
The cost of maintaining a Family Support Organization through The Foundation is significantly less than that of a private foundation, leaving more of your hard-earned assets for charitable giving. The annual administrative fee schedule for the Family Support Organization's assets is as follows:
- 1% one the first $4 million, but not less than $12,500
- 0.75% on the next $6 million
- 0.50% on the next $10 million
- 0.125% on the next $20 million
In addition, the annual cost of tax preparation and of directors' and officers' liability insurance is paid by your Family Support Organization.
To explore how you can make your giving more meaningful and effective, call 323.761.8704 or email.