Common use of Cost of Administration Clause in Contracts

Cost of Administration. There is no administrative fee for Funds with a balance of less than $10,000. The Foundation retains any interest earned on these funds. The minimum gift and the minimum balance to establish and maintain a donor advised fund is $2,500. Funds greater than $10,000 may be invested in one of the alternatives shown below as chosen by the donor and charged administrative fees as shown below:

Appears in 3 contracts

Samples: Agreement, Agreement, www.ccfmemphis.com

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Cost of Administration. There is no administrative fee for Non-Invested Funds or Invested Funds with a balance of less than $10,000. The Foundation retains any interest earned on these funds. The minimum gift and the minimum balance to establish and maintain a donor advised fund is $2,500. Funds greater than $10,000 may be invested in one of the alternatives shown below as chosen by the donor and charged administrative fees as shown below:

Appears in 2 contracts

Samples: Agreement, Agreement

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