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.

Endowed Funds

Grants can be made based on the payout policy approved annually by the Board of Governors.

Minimum Initial Gift: $25,000

Fund 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% on the first $1 million
  • .75% on amounts from $1-5 million
  • .75% flat on funds over $5 million
  • .5% flat on funds over $7.5 million
Field-of-Interest
($250,000 minimum)
Established according to a donor’s specific area of interest.
  • 1.5% on the first $1 million
  • 1% on amounts from $1-5 million
  • 1% flat on funds over $5 million
  • .75% flat on funds over $7.5 million
Donor-Advised Donors make recommendations regarding grant distributions.
  • 1% on the first $1 million
  • .75% on amounts from $1-5 million
  • .75% flat on funds over $5 million
  • .5% flat on funds over $7.5 million
Scholarship
($100,000 minimum)
Established to help students achieve educational success.
  • 2% on the first $1 million
  • 1.5% on amounts from $1-5 million
  • 1% on flat funds over $5 million
Agency Endowment Established by a nonprofit organization for its benefit. May receive contributions from other donors.
  • .75% on the first $5 million
  • .5% flat on funds over $5 million

Non-Endowed Funds

Distributions can be made from both principal and earnings. Donor makes recommendations for grant distributions.

Minimum Initial Gift: $25,000

Type Description Annual Fee
Donor-Advised Single donor or family. Additional gifts can be made to the fund at any time. Contributions may be added by other donors.
  • 2% on the first $1 million
  • 1% on amounts from $1-5 million
  • 1% flat on funds over $5 million
  • .75% flat on funds over $7.5 million
  • 0.5% flat on funds over $10 million
Scholarship
($100,000 minimum)
Established to help students achieve educational success.
  • 3% on the first $1 million
  • 2% on amounts from $1-5 million
  • 1% on flat funds over $5 million

2017 Payout Policy

Unless otherwise specified in a governing fund agreement, the 2017 payout policy for an endowed fund shall be 4.75% of the fund’s value, based on a 16-quarter rolling average calculated as of December 31, 2016. 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, 2016.

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HAVE QUESTIONS?

Tracy Branson Vice President of Finance & Administration

(949) 553-4202 ext. 233