Philanthropic Donor-Advised Funds
For services such as accounting, audit, filings, grant disbursements,
investment monitoring and reports, the Foundation charges
an administration fee as follows:
- 1.0% on the first $500,000
- 0.75% on the next $500,000
- 0.50% on the amount above $1,000,000
An annual assessment of 2% on aggregate grants up to $200,000
and 1% on aggregate grants over $200,000 supports the Permanent
Community Endowment, the unrestricted fund through which the
Foundation Board awards discretionary grants towards the enrichment
of Jewish life in the East Bay and beyond.
Supporting Foundations
For services such as accounting, audit, filings, grant disbursements,
investment monitoring and reports, the Foundation charges
an administration fee as follows:
- 1.0% on the first $1,000,000
- 0.50% on the next $4,000,000
- 0.50% on the next $5,000,000
- 0.30% on the amount above $10,000,000
An annual assessment of 2% on aggregate grants up to $200,000
and 1% on aggregate grants over $200,000 supports the Permanent
Community Endowment, the unrestricted fund through which the
Foundation Board awards discretionary grants towards the enrichment
of Jewish life in the East Bay and beyond.
Endowment Funds
For services such as accounting, audit, filings, grant disbursements, investment
monitoring and reports, the Foundation charges an administration fee on an institution's
combined funds as follows:
- 1.0% on the first $500,000
- 0.75% on the next $500,000
- 0.50% on the next $1,000,000
- 0.25% on the amount above $2,000,000
Investment management
All funds in the Foundation are assessed investment fees
on a pro-rated basis. Current fees are running slightly under
1%.
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