Current Year To Date Figures

As at 30 June 2011

Fees and Charges

1. Administration Fee
   On the 1st July, 2011 the Foundation introduced a tiered fee structure for Gumnut Accounts and sub-funds.
   This is calculated monthly and reported to donors in donor statements.

   Fund type /Fund Balance           Admin Fee
   Gumnut Account                          1%
   Not-for-profit  organisations       1%
   $20k - $500k                               2%
   $500k - $1 mil                             1.8%
   $1 mil - $5m                                1%
   $5m+                              by negotiation

   
    

2. Investment Management Fee
   The Foundation pays an annual Investment Management Fee of 0.5% of capital on funds up to $30 million and 0.3% of capital on funds above $30 million.
   Brokers’ commission / funds’ fees are charged as incurred.  The investment manager has an agreed brokerage rate ranging from 0.1% to 0.3%, and does not retain any part of the brokerage fees.
   All investment returns and sub-fund balances and statements are expressed net of all investment fees.
   
   
3. Consulting Fees
   Australian Communities Foundation Consulting Service is a fee for service activity for trusts and foundations, PAFs and other organisations and individuals considering philanthropic structures and activities.  In general, the Foundation charges an hourly rate, however annual retainers, fixed price or project fees can also be negotiated.