See Our Financial Strategy

Fees

Applicable Fees

Foundation Support Fee

The Foundation Support Fee enables OCCF to serve both our donors and our community well. It varies according to fund type and size and covers all costs associated with fund support and administration, including receipt and tax acknowledgment of contributions, grant processing, donor education events, and an array of customized donor services including research on issues and/or specific organizations, site visits and strategic giving planning.

 

In addition to supporting the robust services that donors receive at OCCF, Foundation Support fees strengthen our capacity to serve our community and bolster the impact of nonprofits serving a broad spectrum of local needs. Our donors can take comfort in knowing that the support they provide to the Community Foundation when they choose us as their philanthropic home is being leveraged and multiplied for the good of our community.

Investment Fees

Each fund participating in the investment pool is allocated its proportionate share of investment fees charged by investment managers and the investment consultant.

Donor Advised Funds

Minimum Initial Gift: $25,000

Fund Type Support Fees
Non-Endowed Funds
  • 2.00% on the first $1 M
  • 1.00% on amounts from $1- 5 M
  • 1.00% flat on funds over $5 M
  • 0.75% flat on funds over $7.5 M
  • 0.50% flat on funds over $10 M
Endowed Funds, including Designated Agency Funds
  • 1.00% on the first $1 M
  • 0.75% on amounts from $1- 5 M
  • 0.75% flat on funds over $5 M
  • 0.50% flat on funds over $7.5 M

Endowment Funds

Fund Type Support Fees
Field of Interest Endowed Funds ($250,000 minimum)
  • 1.50% on the first $1 M
  • 1.00% on amounts from $1- 5 M
  • 1.00% flat on funds over $5 M
  • 0.75% flat on funds over $7.5 M
Agency Endowed Funds ($25,000 minimum)
  • 0.75% on the first $5 M
  • 0.50% flat on funds over $5 M

Scholarship Funds

Minimum Initial Gift: $25,000

Aligned: Scholarship awards are aligned with OCCF’s existing scholarship programs

Fund Type Support Fees
Non-Endowed Funds
  • 3.00% on the first $1 M
  • 2.00% on amounts from $1- 5 M
  • 1.00% on amounts over $5 M
Endowed Funds
  • 2.00% on the first $1 M
  • 1.50% on amounts from $1 – 5 M
  • 1.00% on amounts over $5 M

Custom: Scholarship awards reflect customized criteria created by donor in partnership with OCCF. Fees vary depending on criteria and administration. Contact Cathleen Otero at cotero@oc-cf.org for information.

2020 Payout Policy

Unless otherwise specified in a governing fund agreement, the 2020 payout policy for an endowed fund shall be 4.5% of the fund’s value, based on a 16-quarter rolling average calculated as of December 31, 2019.  Disbursements from an endowed fund’s principal (the total of all contributions to the fund) will be allowed – provided, however, that under no circumstances will the total distributions from the endowed fund (disbursements plus OCCF’s support fee) exceed 7% of the fund’s value, based on a 16-quarter rolling average calculated as of December 31, 2019.

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Tracy Branson, CPA
Chief Financial Officer
Finance & Administration

(949) 553-4202 ext. 233