Minimum Contributions and Grant Recommendations
| Minimums | Individual Giving Accounts | Corporate Giving Accounts |
|---|---|---|
| Initial contribution to the Gift Fund |
$5,000 | $25,000 |
| Grant recommendation | $50 | $50 |
Expenses and Fees
Fees assessed on Giving Accounts are:
- Investment Expenses based on underlying mutual funds operating and management expenses see the Gift Fund Policy Guidelines: Program Circular (PDF)
- Annual Administrative Fee based on Giving Account balance (see below)
| Annual Administrative Adjustment Fee for Giving Accounts with: | ||
|---|---|---|
| Balances less than $5 million | First $500,000 |
Individual Giving Account: 0.60% (60 basis points) or $100 (whichever is greater) |
| Corporate Giving Account: 0.60% (60 basis points) or $1,000 (whichever is greater) | ||
| Next $500,000 |
0.30% (30 basis points) | |
| Next $1,500,000 |
0.20% (20 basis points) | |
| Next $2,499,999 |
0.15% (15 basis points) | |
| Balances more than $5 million | A separate pricing schedule is available, which provides for further administrative fee reductions. Please call for more information: 800-262-6039 | |
| Charitable Investment Advisor Program | This program is for donors with Giving Account balances of more than $250,000 who would like to nominate their investment advisor to manage some of the charitable assets.
For Giving Accounts in the Charitable Investment Advisor Program, there are no additional expenses or administrative fees than those described above. Learn about the Charitable Investment Advisor Program > |
|
Speak with a representative: 800-262-6039
Find out more
Annual Fee Example
A Giving Account with a balance of $600,000 will be assessed a fee of 0.60%, or 60 basis points, per dollar for $500,000 and then 0.30%, or 30 basis points, for the remaining $100,000.
| Giving Account balance | = | $600,000 |
| 0.60% fee on the first $500,000 |
= | $3,000 |
| 0.30% fee on the next $100,000 |
= | $300 |
| Total annual administrative fee |
= | $3,300 |