Fees

Every fund at the Catholic Community Foundation (CCF) is assessed two types of fees: an administrative fee and an investment management fee.

This fee structure is standard practice for community foundations, and our fees are competitive with our local community foundation peers. Unlike commercial investment managers, CCF makes no profit from investment fees. And, the administrative fees we charge ensure our mission is sustained for our Catholic community in Minnesota for generations to come.

Administrative Fees

The administrative fee covers the costs to administer the fund. This includes investment oversight, grant review and distribution, statement and activity reports, mailings, bookkeeping, and audits. Fees are assessed on the monthly average balance of the fund.

For many of our fund types, fees decrease as the balance of your fund increases.

Donor Advised Fund
Minimum Establishing Gift $10,000

$250 or 1.0%

Endowment Fund
Minimum Balance $50,000

1.0%

Charitable Gift Annuity
Minimum Balance $10,000

1.25%

Charitable Remainder Trust
Minimum Balance $100,000

0.95%

Investment Management Fees

Investment management fees are assessed separately and vary by investment pool. These fees fluctuate slightly depending on current holdings. You can find the most recent investment management fees in the footnotes of each pool’s quarterly performance reports.

0.17% – 0.78%

Have Questions?

Get in Touch

Mike Ricci

Michael A. Ricci, Jr., CFP®, CAP®
Director – Professional Outreach & Investments
651-389-0879
Email Michael