Administrative Fees

Administrative tasks associated with the management of funds include investigation of grants, receipts and acknowledgement of contributions, payment of grants, oversight of investment management, and compliance with federal and state reporting requirements.

To support these activities and the broader work of the Community Foundation, the Foundation charges an annual fee. The fee is calculated as 1/12th% of the fund’s market value at the end of each month.

The Board of Directors may make reasonable adjustments to fees from time to time.  The current fee schedule is shown below.

Fund type                       Fee

Donor Advised (unendowed)
    First $5 million                                         1.25%
    Amounts over $5 million                         0.50%
Scholarship (unendowed)                          1.25%
Agency                                                        1.00%
Fiscal Sponsor                                            1.00% (plus 4% fee on each transaction)

Endowed funds that distribute
according to the CF policy
    First $2 million                                       1.25%
    Between $2m - $5m                               0.50%
    Over $5 million                                       0.25%

Minimum annual fee of $250

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649 John Fitch Hwy
Fitchburg, MA 01420
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Phone: 978-345-8383
Fax: 978-345-1459
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