Operations and Fees

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

Endowed and Non-endowed Funds

Fair market value Graduated rate
First $250,000 1.00%
Next $250,000 0.85%
Next $500,000 0.75%
In excess of $1 million 0.65%
  • The minimum fund size is $10,000.
  • The minimum annual fee for each fund is $250.
  • Fees are charged on a quarterly basis at one-fourth of the annual, graduated rate noted in schedule above.
  • For Agency Funds only: multiple funds from the same agency are householded for fee purposes.

Scholarship Funds

Fair market value Graduated rate
First $250,000 1.30%
Next $250,000 1.05%
Next $500,000 0.85%
In excess of $1 million 0.70%
  • The minimum fund size is $10,000.
  • The minimum annual fee for each fund is $300.
  • Fees are charged on a quarterly basis at one-fourth of the annual, graduated rate noted in schedule above.

Fiscal Sponsorships

The Foundation occasionally agrees to serve as fiscal sponsor for a project. The fees for this service vary based on the level of service needed.

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.