• Visit us on LinkedIn
  • Visit us on YouTube
  • Visit us on Twitter
  • Visit us on Facebook

Fee Schedule

As of January 1, 2011

The Kitsap Community Foundation (KCF) assesses an Administrative Fee on each of its Funds to cover administrative costs. Fees may be revised from time to time as circumstances warrant.


Endowment Funds

The annual management fee for Endowment Funds depends upon the size of the Fund.

For Funds of $1,000,000 or less:         the greater of $200 or 2% of the Fund's market value

For Funds of $2,000,000 or less:         2% of the Fund's first $1,000,000 plus 1% of the amount
                                                        over $1,000,000

For Funds over $2,000,000:                the fee will be negotiated

These administrative fees are assessed quarterly based on the quarter ending market value of the Fund and will be prorated for funds opened during the quarter.

This fee also applies to Pass-Through Funds that are invested.


Pass-Through Funds

The annual management fee for Pass-Through Funds held at KCF (i.e. not invested) is the greater of $50 or one percent (1%) of the fund's balance.

The fee will be assessed quarterly based on the quarter ending balance of the fund and will be prorated for funds opened or closed during the quarter.


Other Fees and Cost

Investment costs are in addition to the aforementioned fees.

When a contribution is made by credit card, the fee charged by the credit card company will reduce the amount of the contribution credited to the Fund.

Administrative fees provide KCF with the ability to appropriately staff services that provide oversight and due diligence as to how funds are invested and expended. This ensures a competitive return that enables donor/investor dollars to be used to meet identified community needs and support charitable beneficiaries in good standing with regulatory agencies. Administrative fees also provide the Foundation with the ability to fund vital community initiatives such as periodic community needs assessments, collaborations with other non-profits, and other community awareness programs.


cf National Standards
© Copyright 2014 by Kitsap Community Foundation. All rights reserved.  |  Privacy Policy  |  Legacy  |  Plan  |  Grants  |  Scholarships  |  Contribute  |  About
Website design by Butter  |  Website produced by Interlock Solutions