Fee Schedule

Administrative Fees

Each fund is assessed an administrative fee, at the end of each calendar quarter, based on the average daily balance of the fund during the quarter.   Administrative fees are set by the Board of Directors of Lakeshore Community Foundation and are subject to change without notice. 

 
             Fee
    (Annualized)
Fund Balance

Designated Fund

Donor Advised Fund

Field of Interest Fund

Unrestricted Fund

Bracket          
0.60%
0.40%
0.20%
 .  .  .  .
 .  .  .  .
 .  .  .  .
first $1 million
next $2 million
over $3 million

Agency Fund

Bracket

 
0.40%
0.20%
 .  .  .  .
 .  .  .  .
first $1 million
over $1 million

 

A minimum annual administrative fee of $250 is applied to all funds.

_______

 

Supporting Organization

(Annualized)

0.30%  entire fund balance


Investment and Custodial Fees

Each fund is assessed its proportionate share of the investment and custodial fees, at the end of each calendar quarter, based on the average daily balance of the fund during the quarter.  The investment and custodial fees are established by the investment manager and custodian under contract with Lakeshore Community Foundation.  

Investment Fee

0.40%   Annualized

Custodial Fee

0.15%   Annualized