Fees cover all costs associated with fund support and administration, including receipt and tax acknowledgement of contributions, grant processing, investment oversight and an array of customized donor services such as research about issues or specific organizations and strategic giving planning.
In addition to supporting donor services, Community Foundation fees strengthen our capacity to serve our community and simplify the work of nonprofits serving a broad spectrum of local needs. They allow us to commission data and research on the critical needs of our state, engage in leadership initiatives around important local causes and serve the unique needs of all 75 counties in Arkansas.
As a nonprofit grantmaking organization (rather than a for-profit investment firm), the Community Foundation does not profit from our services. Our shareholders are Arkansans themselves. When choosing us as a giving partner, donors can take comfort in knowing their support is being leveraged and multiplied for the good of our state’s communities.
- A minimum annual fee of $100 will be applied to Legacy Endowments.
- A minimum annual fee of $500 will be applied to Leadership Funds.
- A minimum $500 fee will be applied to a Special Project Fund.
- Due to the workload on some types of gifts, fees will be charged in addition to the above administrative fund fee.