Service Charges & Fund Minimums

Fund fees are charged annually depending on the type of fund involved:

Unrestricted Funds
Minimum gift to establish a named unrestricted fund: $5000
Fund fee: 2% of the market value of the fund established on September 30 computed with a 16-quarter rolling average.

Click here for a list of our Unrestricted Funds (updated quarterly)

Field of Interest Funds
Minimum gift to establish a named field of interest fund: $25,000
Fund fee: 2% of the market value of the fund established on September 30 computed with a 16-quarter rolling average.

Click here for a list of our Field of Interest Funds (updated quarterly)

Designated Funds
Minimum gift to establish a named designated fund: $10,000  ($50,000 minimum required before granting allowed)

Fund fee:       $500    Minimum fee for new funds

                      1.0%    Market value up to $100,000

                      .75%    Market value $100,001 - $999,999

                      0.1%    Market value $1 million and higher

Additional fees will be charged for non-standard services including assisting with fund raising events, and processing extraordinary numbers of gifts in a year

Click here for a list of our Designated Funds (updated quarterly)

Donor Advised Funds
With this fund type, donors have the ability to “spend down” the corpus of their funds. Many of our donors choose to treat their funds as permanently endowed and voluntarily follow the Community Foundation’s Spending Policy guidelines.   Fund minimums and fees charged by AAACF differ based on whether donors have chosen to treat their funds as endowed or non-endowed: For a list of donor advised funds at AAACF, click here.

Traditional Donor Advised Fund:

Minimum gift: $20,000
Fund fee: Graduated schedule based on market value of the fund on September 30 computed with a 16-quarter rolling average.

          1.0%     Market value $20,000 – $1,000,000

          0.75%   Market value $1,000,001 - $2,500,000

          0.5%     Market value $2,500,001 - $4,999,999

          0.25%   Market value $5,000,000 and higher

Spend-Down Donor Advised Fund (non-endowed):

Minimum gift: $20,000
Fund fee: Funds not pooled with endowments due to shorter spending horizon.  Annual fees will be charged according to the same schedule as donor advised funds, except that the market value used in the calculation will be the actual market value at 9/30 of the preceding year, without using the 16 quarter average method.

Special Pass-Thru Donor Advised Fund:

Minimum gift: $50,000
Fund fee: Funds with less than one year spending horizon.  1% of original gift amount, assessed at the time of the gift.  In addition, an amount equal to 5% of the original gift will be placed in an Administrative Endowment fund. 

Special Funds (temporary, non-endowed funds)

Fees are determined on a case-by-case basis (usually 1% of gifts).