LACF Administrative Fee Schedule

Administrative Fee Schedule

Laredo Area Community Foundation
Fee Schedule

The administrative fees detailed below are set by the Board of Directors and are used by the Foundation for administrative and program costs. With the exception of the Organization Endowments, all fund types are assessed the administrative fee on an annual basis. Fee calculation is based on the Assets Value (AV) of the Fund.

Donor Advised Funds:   0.75% of AV up to $1 million
                  0.50% of AV from $1 million to $3 million
                   0.25% of AV over $3 million

Discretionary Funds/ Field of Interest Funds/ Scholarships Funds:
                   1.75% of AV up to $1 million
                   1.50% of AV from $1 million to $3 million
                   1.00% of AV over $3 million

Designated Funds:           0.50% of AV up to $1 million
                   0.35% of AV over $1 million

Permanent Endowments:        1.00% of AV up to $3 million

NOTE: This fee is independent of any investment fee assessed by the funds’ investment manager(s).

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