Policy Documents
Community Reinvestment Fee Schedule
| Fund Type | Minimum to Start | Annual Fee | Fee assessed (based on avg daily balance unless indicatedotherwise) |
| Special Project Funds (short-term funds) | $500 or Interest Earned whichever is greater (interest earned – assessed monthly) | Quarterly | |
| Donor Advised Fund- Endowed | 1.25% of assets up to $250,000 1% of assets from $250,000 to$1 million.08% of assets over $1 million | Quarterly | |
| Donor Advised Fund, Non-endowed | 1.5% of assets or $250 min (whichever is greater) | Quarterly | |
| Unrestricted | 1% of assets or $250 min(whichever is greater) | Quarterly | |
| Field of Interest Fund | 1% of assets or $250 min (whichever is greater) | Quarterly | |
| Scholarship Fund Endowed | $5,000 to start, $25,000 capital requirement | 1.75% of assets or $250 min (whichever is greater) | Quarterly |
| Scholarship Fund,Non-endowed | 2% of assets or $250 min(whichever is greater) | Quarterly | |
| Designated Fund | 1% of assets or $250 min (whichever is greater) | Quarterly | |
| Organizational Endowment Funds | $5,000 to start, $25,000 capital requirement | .5% of prior yr end mkt value up to $100,000.3% of prior yr end mkt value from $100,000 to $1 million.2% of prior yr end mkt value for assets over $1 million | Assessed annually in Q1, based on balance at 12/31 of previous year |
| Designated Endowment Funds | $5,000 to start, $25,000 capital requirement | .5% of prior yr end mkt value up to $100,000.3% of prior yr end mkt value from $100,000 to $1 million.2% of prior yr end mkt value for assets over $1 million | Assessed annually in Q1, based on balance at 12/31 ofprevious year |
| Administrative Funds | No fee | ||
| Operating Funds | No fee | ||
| MISC Fees: | |||
| Stock Gifts | Transaction Fee | $200 or .25% (whichever is greater) | Neg. |
| Real Estate | Transaction Fee: Net –time of sale | $250 p/$100,000, fee not toexceed $1,000 | Neg. |
| Pass-Through Gifts | Transaction Fee | $150 | Neg. |
| New Fund Set-Up | Set-Up Fee | $150 | Neg. |