Community Investment Fee
For more than 50 years, Greater Cincinnati Foundation has been a trusted philanthropic partner in our region, and generous individuals have been at the heart of our success.
The way we are able to carry out your charitable goals, along with the legacy of thousands of others like you who trusted GCF since 1963, is through the administrative fees associated with your fund. We strive to keep fees as low as possible because it is important to donors like you and our community to maximize charitable resources.
Support for your fund and the community
Not counting the fees for investment management, fees paid by your fund make it possible for GCF to make a significant impact in the community. We hope that you will consider our relationship to be part of your important contributions to the community.
Your fund’s fee allows GCF to expertly manage and steward your fund, including: staff consultation, individual fund accounting, fund statement preparation and distribution, contribution and acknowledgment processing, the independent audit, and compliance with federal and state reporting requirements. This fee is the primary revenue source for GCF’s operating fund, enabling GCF to provide services to you and to the community.
GCF’s expertise in charitable tools and assets is always available to you, but we also have a great deal of knowledge about the needs of our community and the local nonprofits that do great work here. Our presence in this region means our staff members are available to meet with you and your advisor to answer any questions you may have.
Your fee also enables your community foundation to drive many key initiatives in our region. Over the last decade, GCF’s community leadership has steadily increased, and through this leadership we are accelerating important changes toward a more prosperous and vibrant Greater Cincinnati where everyone can thrive.
The investment management fees are described in the notes of GCF Investment Strategy and Performance document. Click to download the Investment Summary [PDF]. All fees are quoted on an annual basis. Fees are assessed and charged to each fund on a pro-rated monthly basis according to the fair market value of the fund on the last day of each month. GCF assesses and charges the fees directly to the funds, and then distributes the Investment Fee to the appropriate firm.
All funds are assessed a minimum annual base service fee of $250 for endowed funds and $400 for spendable funds. The minimum fee is assessed in December and will only apply if a fund’s normal service fees for the year are below the minimum. The applicable Community Investment Fee depends on the type of charitable fund the donor establishes.
To find out more, download GCF's Community Investment Fees Schedule as a PDF.