Our Current Schedule of 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, and written acknowledgement of donations.

Foundation Support Fees on Endowment 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
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 Eileen Ellsworth at eileen.ellsworth@cfnova.org