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Frequently Asked Questions

Question:

What are the fees?

Answer:

Most invested fund are charged a 1% annual TCF administrative fee (with a minimum fee of $300).  Most scholarship funds are charged a 1.5% annual fee.  Agency funds are charged a tiered fee ranging from 1% - 0.10%.  Pass-through funds are not charged a fee; instead, all income earned is absorbed by the Foundation to cover its costs.  For more information on fees contact a member of the Development Staff at 919-474-8370.