This administrative fee schedule applies to all funds of the Mid-Shore Community Foundation. These fees are used to support the Community Foundation's operating expenses. Through economies of scale, MSCF is able to charge nominal fees, compared to the cost of establishing and maintaining a private foundation.
Annual administrative fees on the market value of endowed fund assets
- 1.25% for funds up to $500,000
- 1.00% for funds up to $5,000,000
- 0.75% on funds above $5,000,000
Multiple funds established by the same donor-advisor(s) may not be combined for purposes of calculating fund fees.
The above annual fees are assessed quarterly, based upon the average fair market value of assets at the time of assessment.
Pass-Through Fees
Short-term funds that are established solely for pass-through purposes will be charged a flat fee at the time each deposit to the fund is made, and on an annual basis thereafter. Such fees will range from 2.5% to 10%, depending upon the extent of fund management time that is estimated to be required. In addition, no interest earnings will be credited to Pass-Through funds.
Fees for Additional Services
Funds will be charged for any extraordinary direct expenses incurred on their behalf, such as a commission for the sale of contributed stock or expenses associated with the sale of a gift of property. Any such fees will be deducted from the net value of the contribution but will not affect the tax value of the gift. Additional fees may be assessed for extra services such as special grant processing, program development and management, scholarship review, extraordinary technical support, or other non-standard services.
