The fees we assess, which are similar to all money management fees, help to pay operations and administration costs, as well as grant-making services, including
- Research and vetting
- Distribution of grant monies
- Notifications to fund owners
And financial management of our charitable funds, including
- Investment oversight
- Processing of grants and contributions
- Compliance with IRS regulations
- Annual filing to public agencies
Your fees also help us implement important initiatives to address mental health care issues, fund an urgent need or underwrite conferences
Fees assessed on funds
- 1.5% per year on first $250,000
- 1.2% per year on next $250,000 – $500,000
- 1.0% per year on next $500,000 – $1 million
- .75% per year on next $1 million – $3 million
- 0.60% per year on next $3 million and above
On funds with an average quarterly balance of less than $1 million, the fees above apply OR 10% of grants given out, whichever is higher. Minimum fee is $1,000 ($250 per quarter).