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Re: How does your organization break down fund groups, subgroups, divisions, and segments?
We use as follows: Group —> Type of Fund (FOI, Scholarship, Unrestricted, DAF, Scholarship, etc.) SubGroup —> Permanent, Non-Permanent, Operating/Administrative, Special Project Division —> …2 -
Re: Scholarship Fund Minimums and Admin Fees
@BrittanyKennedy Our administrative fee for endowed scholarship funds (minimum balance of $25,000): 1.0% per year on first $500,000 .5% per year on portion $500,000 - $1 million .25% per year on port…1
