Fees are assessed to Foundation funds as outlined below. You can download the fee schedule for additional information.
The Foundation occasionally agrees to serve as fiscal sponsor for a project. The fees for this service vary based on the level of service needed.
Charges from investment managers and consultants, whether explicit or implicit (e.g. Mutual Funds reported at NAV), are passed along at the cost of those services.
Fees associated with the preparation of fiduciary tax returns are charged to charitable trusts based on the cost of executing such services. Audit and IRS Form 990 preparation fees are paid from the Foundation’s operating budget and are not charged separately.
When unusual or extraordinary services are requested or required, reasonable additional charges will be assessed for the duties performed. On occasion, Blue Mountain Community Foundation may outsource specialized services. The cost of outsourcing these services is charged as an additional expense to the fund.