Operations and Fees

Fees are assessed to Foundation funds as outlined below. You can download the fee schedule for additional information.

Investment management expense

Charges from investment managers and consultants, whether explicit or implicit (e.g. mutual funds reported at net asset value), are passed along at the cost of those services.

Tax preparation fee

Fees associated with the preparation of fiduciary tax returns are charged to charitable trusts based on the cost of executing such services. Audit and IRS Form 990 preparation fees are paid from the Foundation’s operating budget and are not charged separately.

Extraordinary services fee

When unusual or extraordinary services are requested or required, reasonable additional charges will be assessed for the duties performed. On occasion, Blue Mountain Community Foundation (BMCF) may outsource specialized services. The cost of outsourcing these services is charged as an additional expense to the fund.

To learn more about BMCF investments, hear from Investment Committee member James K. Hayner.