Administrative fee supports the work in our region of the Community Foundation of North Central Massachusetts. It is one of the driving forces for donors in their decision to partner with us. They like that the fee is going back into the community.
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.
|Donor Advised (unendowed)|
|First $5 million||1.25%|
|Amounts over $5 million||0.50%|
|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
For More Information
Vice President for Philanthropy 978-660-2813