What are the annual administrative fees for my Donor-Advised Fund?
To cover the costs of the administration of your Donor-Advised Fund, the Significance Foundation charges an annual administration fee. The fee schedule is based on the value of liquid assets held on September 30 of each year in each Fund. The schedule assesses 1% of the first $250,000 in assets, ½% of the next $250,000 and ¼% of the next $500,000. No fees are assessed on the value of assets beyond the first $1,000,000 of value. Thus, the maximum annual administrative fee is $5,000. There is minimum assessment of $550 charged to smaller Funds.
