Fund Fees

Community Foundation Support Fees

The Community Foundation for Northern Virginia charges a Foundation Support Fee on each of our component funds. Foundation Support Fees are a critical source of revenue for the operations of the Community Foundation. They enable us to hire and maintain staff, services to donors, and continue to serve the philanthropic needs of Northern Virginia. The schedule is subject to change from time to time by the Board of Directors.

Our current schedule of Foundation Support Fees is as follows:

One-Time Set-Up Fee: $250

This includes the Community Foundation's preparation and review of the fund agreement, accounting for contributions to establish the Fund, written acknowledgement of donations, promotion of the fund on our website, and other administrative tasks connected to new fund creation in the Community Foundation’s financial reporting system and database.

Foundation Support Fees on Donor Advised Funds, Committee Advised Funds, Designated Funds, and Field of Interest Funds, Funds Graduated Schedule (assessed quarterly in arrears)

• 1.25% on balances up to $1,000,000
• 1% on balances between $1,000,001 - $3,000,000
• .75% on balances $3,000,001 and above

Foundation Support Fees on Scholarship Funds (assessed quarterly in arrears)

• 2% of the fund balance per year for Donor-Managed Scholarship Funds
• 3% of the fund balance per year for Community Foundation-Managed Scholarship
  Funds

One fourth of the annual fee is automatically calculated and deducted from donor fund balances on the last day of each quarter, namely, on March 31, June 30, September 30, and December 31. No investment management fees are charged by the Community Foundation for endowed funds in the pooled assets of the Community Foundation. Investment management fees may be charged by third party investment managers and paid by the funds that use such managers.

For a list of third-party fund managers, please contact Patricia Eisner, Director of Development, at (703) 879-7636 or This email address is being protected from spambots. You need JavaScript enabled to view it..