What are the fees?
Fees are kept as low as possible in order to maximize the value and contribution of all donations and distributions. Many professional services (legal, audit, advisory, etc) are provided pro-bono by our supporters, and a number of corporate donors provide sponsorship support – all of which helps keep our costs down.
MCF charges a single, annual, administration fee of 1.35% on capital.
The investment manager charges an annual fee of 0.3% on capital.
The administration fee covers:
- multiple opportunities to make grants during the year
- due diligence and verification of grants
- provision of two Financial Statements per year
- access to strategic advice and research to match recipients with your company’s giving objectives, values and locations
- opportunities to attend regular events including donor functions and education forums.
All sub-fund reports are net of all fees.
What Next?
|
Text Size
