Fees generated through investment with the Foundation are some of the lowest around.
Trust Administration and Accounting Fees
Fees for administration, accounting, custody, trustee, and tax preparation (living trust accounts).
|
Account Balance
|
Living Trust Fee
|
Agency / Endowment Fee
|
|
Less than $100,000
|
65 basis points
|
60 basis points
|
|
$100,000 to $500,000
|
60 basis points
|
55 basis points
|
|
$500,000 to $2,000,000
|
55 basis points
|
50 basis points
|
|
Over $2,000,000
|
50 basis points
|
40 basis points
|
Money Management Fees
Each investment manager invests in mutual or actively-managed funds, which carry management and operating expenses that are reflected in the unit or asset value of the pool’s investments. These expenses are netted from earnings prior to reporting. Total charges to the Foundation are blended rates, dependent upon the rates in effect for each manager, as they may change from time to time.
