Assessment of Administrative Fees
The Western Indiana Community Foundation provides a wide-variety of services to donors, charitable organizations, and high school students and their parents. These services are made possible through an administrative fee assessed against the value of each fund with the Foundation.
Community Foundation Services
Standard administrative contribution fees help support the following services for each fund/donor.
- Investment services
- Marketing services
- Philanthropic consultation
- Annual activity statements
- Grant/Scholarship check writing
- Access to planned giving information
- Accounting and IRS reporting services
- Grant and scholarship administration services
- Workshops and seminars for high school students and parents
Fees
- Annual Rate: 1%
- Assessment frequency: Annually
- Assessment method: Based on the market value of each fund on December 31 of the preceding year
-
