Common use of ADMINISTRATIVE AND INVESTMENT FEES Clause in Contracts

ADMINISTRATIVE AND INVESTMENT FEES. The fund shall be assessed an annual administrative fee and a fee to cover investment consultant and custodian expenses. The amounts of such annual fees shall be the amounts assessed to similar funds held by the Community Foundation based upon its administrative fee schedule in effect at the time the annual fee is assessed and the amount of investment consultant and custodian fees paid to outside parties.

ADMINISTRATIVE AND INVESTMENT FEES. The fund shall be assessed an annual administrative fee and a fee to cover investment consultant and custodian expenses. The amounts of such annual fees shall be the amounts assessed to similar funds held by the Community Foundation GTCF based upon its administrative fee schedule in effect at the time the annual fee is assessed and the amount of investment consultant and custodian fees paid to outside parties.