Any fund established with us is charged an annual administrative fee based on a percentage of fund totals and a sliding fee scale:
|$100,000 – $499,999||.75%|
|$500,000 and above||.50%|
The administrative fees are based on the fund balance as of March 31st of each year and deducted on June 30th. This coincides with the date on which we transfer the annual distributable amount to the spendable account for each fund.
The distribution percentage is set by the board and is currently at 5% of the average fund balance over 12 trailing quarters.
Investment fees are charged at approximately .55% and are deducted quarterly from investment earnings. Investment fees are divided proportionately over our entire portfolio.