By establishing a Hosted Organization Endowment Fund at the Victoria Foundation, your organization is looking for a source of financial stability now and a means of community support forever.
The Victoria Foundation charges minimal fees for caring for your endowment. Administration fees of 0.75% annually are deducted from your fund to cover the operations of the Victoria Foundation. Administration Fees are how we fund our operations and it is our Board of Director’s goal to keep these fees as low as possible while providing the best philanthropic services to our fund holders. This rate is far less than what many charitable organizations allocate to administrative or overhead costs.
Investment management fees are included in the Total Investment Returns of the Consolidated Endowment Trust. Due to the size of our fund holdings, our investment management fees are significantly lower than what an individual or organization would typically pay for these types of services. We are currently paying 0.33% for investment management and custodial fees.