COSTS OF THE FUND. It is understood and agreed that the Fund shall share a fair portion of the total investment and administrative costs and expenses of the Community Foundation. Those costs and expenses charged against the Fund shall be determined in accordance with the then current fee schedule identified by the Community Foundation as applicable to funds of this type, as such schedule may be amended by the Community Foundation from time to time. Any costs and expenses incurred by the Community Foundation in accepting, transferring, or managing property donated to the Community Foundation for the Fund, including without limitation the Community Foundation’s costs and expenses (including reasonable attorneys fees) of any claim or proceeding with respect to the Fund in which the Community Foundation is prevailing party, also shall be paid from the Fund.
COSTS OF THE FUND. It is understood and agreed that the Fund shall share a fair portion of the total investment and administrative costs of the Foundation. Those costs annually charged against the Fund shall be determined in accordance with the then current fee schedule identified by the Foundation as applicable to funds of this type. Any costs to the Foundation in accepting, transferring or managing property donated to the Foundation for the Fund shall also be paid from the Fund.
COSTS OF THE FUND. It is understood and agreed that the Fund shall share a fair portion of the total investment and administrative costs and expenses of the Legacy Foundation. Those costs and expenses charged against the Fund shall be determined in accordance with the then current fee schedule identified by the Legacy Foundation as applicable to funds of this type, as such schedule may be amended by the Legacy Foundation from time to time. Any costs and expenses incurred by the Legacy Foundation in accepting, transferring, or managing property donated to the Legacy Foundation for the Fund, including without limitation the Legacy Foundation’s costs and expenses (including reasonable attorneys fees) of any claim or proceeding with respect to the Fund in which the Legacy Foundation is prevailing party, also shall be paid from the Fund.
COSTS OF THE FUND. It is understood and agreed that the Fund shall share a fair portion of the total investment and administrative costs of the Community Foundation. Those costs annually charged against the Fund shall be determined in accordance with the then current fee schedule identified by the Community Foundation as applicable to funds of this type, as such schedule may be amended by the Community Foundation from time to time. Any costs to the Community Foundation in accepting, transferring or managing property donated to the Community Foundation for the Fund shall also be paid from the Fund.
COSTS OF THE FUND. Founder understands and agrees that the Fund shall share a fair portion of the total administrative costs of TSDF. The administrative cost annually charged against the Fund shall be determined in accordance with the then current Fee Policy identified by TSDF as the fee structure applicable to Funds of this type. Any costs to TSDF in accepting, transferring or managing property donated to TSDF for the Fund shall also be paid from the Fund.
COSTS OF THE FUND. It is understood and agreed that the Foundation is to be paid for its services hereunder and that said compensation is to be paid from the assets of the Fund. A fee schedule is included as Attachment A. The Board of Directors at its discretion may revise the attached fee schedule pursuant to notice of such fee revision provided to the Fund Advisors. The compensation of the Foundation is to be calculated and paid prior to any distributions made pursuant to paragraph 4 above. Any investment fees that may be charged by the Fund’s investment manager(s) will be deducted prior to reporting the net earnings of the Fund.
COSTS OF THE FUND. The Fund will share a portion of the total investment and administrative costs and expenses of the Foundation, such costs and expenses being determined in accordance with the then-current fee schedule as set forth in the CSF Policies. Any specific costs and expenses incurred by the Foundation in accepting, transferring, or managing property donated to the Foundation for the Fund, including without limitation the Foundation’s costs and expenses (including reasonable attorneys’ fees) of any claim or proceeding with respect to the Fund, shall also be paid from the Fund and shall be in addition any costs or expenses charged pursuant to the CSF Policies. The Donor agrees that any and all fundraising expenses and other fees incurred with respect to any feasibility study or campaign are solely the responsibility of the Donor.
COSTS OF THE FUND. In order that the Fund shall share a fair portion of the total investment and administrative costs of the Foundation, the Foundation shall be entitled to withdraw annually from the Fund an amount equal to one percent of the corpus of the Fund.
COSTS OF THE FUND. In order that the Fund shall share a fair portion of the total investment and administrative costs of the Foundation, the Foundation shall be entitled to withdraw an administrative fee of 2% annually. The fee is calculated and paid to the Foundation on a quarterly basis. The fee may change at the discretion of the SRCCF Board of Directors. Investment fees apply.
COSTS OF THE FUND. It is understood and agreed that the Endowment shall share a fair portion of the total investment and administrative costs of the Grantee. Those costs annually charged against the Endowment shall be determined in accordance with the then current fee schedule identified by the Grantee as applicable to funds of this type. Those funds shall be invested in accordance with the Grantee’s current investment policy which will comply with the California Uniform Prudent Investor Act.
