Foundation Support Fee
OCCF applies a Foundation Support Fee to the funds it administers to cover the cost of services provided to donors. The fee varies according to the type of fund. For example, fees for endowed funds are 1% of the fund balance annually, while fees for non-endowed funds are 2% annually. These fees cover all donor services and general operating costs, including gift establishment, receipt and tax acknowledgment of assets and contributions, grants and fund administration, and full support of our donor services staff including research on nonprofit agencies and issues. Investment earnings, which accrue entirely to the benefit of each fund, have typically more than offset OCCF’s Foundation Support Fee.
Fee Schedule
Endowed Funds
Endowed funds ensure long term protection of the fund principal while allowing annual distribution from earnings. These funds remain permanent. Earnings are distributed according to the annual payout policy established by the OCCF Board. Minimum amount to establish an endowed fund is $5,000.
| Type | Description | Annual Fee |
| Designated or Restricted | Created for the benefit of a single agency or multiple
agencies. Contributions may be added by other donors. | 1% |
| Field-of-Interest | Established to meet a defined set of community needs. | 1% |
| Donor-Advised | Donors make recommendations regarding grant
distributions.
Fund Size
Up to $1million
$1-5 million
Over $5 million | 1%
.75%
.50% |
| Donor-Advised Scholarship | Established to help students achieve educational success. | 2% |
| Agency Endowment | Established by a non-profit organization for its benefit.
Contributions may be added by other donors.
Fund Size
Up to $5 million
Over $5 million | .75%
.50% |
Non-Endowed Funds
Distributions can be made from both principal and earnings. These funds are not permanent and can be completely expended. Minimum amount to establish a non-endowed fund is $10,000.
| Type | Typically Established By | Annual Fee |
Donor-Advised | Single donor or family. Additional gifts can be made to the fund at any time. Fund Size
Up to $1million
$1-5 million
Over $5 million | 2%
1%
.75% |
Donor-Advised Scholarship | Established to help students achieve educational success. | 3% |
Click here to view the types of funds available.