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Northern Virginia Community Foundation charges a Foundation Support Fee on each of our component funds. Foundation Support Fees are a critical source of revenue for the operations of NVCF. They enable us to hire and maintain staff, provide donor education programs and other services to donors, and continue to serve the philanthropic needs of Northern Virginia. The schedule is subject to change from time to time by NVCF’s Board of Directors.
One-Time Set-Up Fee - $250 Foundation Support Fees on Endowment Funds (assessed quarterly in arrears)
Graduated Schedule 1% on balances up to $500,000 .75% on balances between $500,001 - $1,000,000 .5% on balances above $1,000,001
Foundation Support Fees on Short-Term (Pass Through) Funds (assessed quarterly in arrears) 1% on total balance
Foundation Support Fees on Corporate Scholarship Funds (assessed quarterly in arrears) 5% of value of disbursements |
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