Costs

Similar to other types of investment managers, as a community foundation SCCF does not charge any upfront fees to donors. Instead, SCCF retains an annual management fee determined by the total volume of assets under management in any one fund. A summary of our standard fees is shown below, although they may vary based upon individual circumstances.  The current minimum balance to create and name a fund is $5,000.

ANNUAL MANAGEMENT FEES FOR COMPONENT FUNDS

A) Unrestricted, Field-of-Interest, Donor-Advised Funds, and Scholarship Funds:

B) Organizational Endowment and Designated Funds:

Fees are based on the average annual principal balance.

These fees are not inclusive of the investment management fees and the internal management fees charged by mutual funds. SCCF will endeavor, at all times; to negotiate the lowest fees possible using the collective buying power of the pooled accounts.