Fees

The following fees are for the Foundation's administration of endowed funds.  Investment fees will be netted out of the fund's performance by the investment manager. Investment manager fees are not controlled by the Foundation.

ENDOWED FUNDS

 

Annualized Fee

     Beginning of Quarter        Market Values

Donor-Advised, Designated,
& Agency Endowment Funds

1.00%

$0 - $2,500,000

 

0.75%

$2,500,001 - $5,000,000

 

0.50%

$5,000,001 - $10,000,000

 

0.25%

$10,000,001 and over

Scholarship Funds 

2.00% entire balance

Unrestricted and Field of Interest Funds

1.50%

entire balance


NON-ENDOWED FUNDS

Non-endowed Advised Funds are assessed an annual administrative fee of $120 to be paid from the fund at $10 per month.  All income generated by the fund is retained by the Foundation.

 
 


©2005-2017 The Winston-Salem Foundation • 751 W Fourth St, Suite 200 • Winston-Salem, NC 27101 • 336.725.2382