The Calgary Foundation recovers operating costs by its external fund management companies by allocating those expenses amongst all its funds. The allocation of costs is calculated and charged monthly on the prior month's ending market value. Policies regarding cost allocation are subject to ongoing review and change by The Foundation's Board of Directors.

 Permanent Endowments: Tiered by Fund Size
1st tier  1.25% on the first $5,000 to $1 million
2nd tier 1.00% on the next $1 million to $5 million
3rd tier   0.80% on the next $5 million to $10 million
4th tier   0.60% on the next $10 million to $20 million
5th tier  Over $20 million, as above and subject to negotiation

          

Flow-Through Funds - Interest earned on the investment of flow-through funds is retained for administration of the fund, minimum $500.

Term Endowments - Same as permanent endowments, plus 0.25% on the annual opening market value of the fund

Agency Funds - Same as permanent endowments.

Agency Managed Funds - Same as permanent endowments, plus 0.25% on the annual opening market value of the fund.

Student Award Funds - 1.5% of the annual opening market value; $500 set-up cost for designated awards, $750 set-up cost for administered awards.
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