How do the Community Foundation’s costs compare with those of commercial gift funds and private foundations?
The Community Foundation’s fees are highly competitive with commercial gift funds, but even more importantly, the Community Foundation offers your clients unique value that can come from our staff’s knowledge of the community and expertise in the philanthropic field. Opening a fund at the Community Foundation for Muskegon County is considerably less expensive than starting a private foundation, since we handle all administrative details, including filing annual tax returns, performing due diligence on grants, and all details associated with processing and tracking grants. There are also no setup fees.
Related Questions
- How are community foundations different from commercial gift funds (such as the TD Waterhouse Private Giving Foundation, RBC DS Charitable Gift Program, etc.)?
- How do MCFs costs compare with those of commercial gift funds and private foundations?
- How is GACF different from commercial charitable gift funds like Fidelity or others?
