When is the administrative cost charged?
The following provides historical investment returns. The returns are net of investment fees and reflect our fiscal year ending June 30.
Current Fee Structure
$175 Minimum (for funds that will not produce $175 from the percentage)
Administrative cost charged to all funds: 1.75% (except scholarship & organizational funds)
Scholarship Funds: 2%
Organizational funds over $1 million: 1.5%
Humboldt Area Foundation does not charge an administrative cost for the first 3 months the fund is invested. After that, the administrative cost is based on the fund’s average balance each month. One-twelfth of the administrative cost is taken from the fund on a monthly basis.