Administrative Fees

“At the Community Foundation, the fee I pay isn’t just an administrative cost, it’s another gift to the community that supports their wonderful work. You don’t get that anywhere else. It’s one of the reasons I’m glad my fund lives here.”

M’Kayl Lewis
Donor Advised Fundholder

What Makes a Community Foundation Donor Advised Fund Unique

When you establish a donor-advised fund at the Community Foundation of Greater Birmingham, you’re not just opening an account, you’re joining a movement to create a region where everyone can reach their full potential. Here’s what sets us apart:

You Support Community Leadership

Through your DAF at the Community Foundation, you’re supporting the research, convening, and leadership work that strengthens Birmingham itself. From addressing our region’s fragmentation to advancing economic development and tackling long-term problems, you’re helping achieve community-wide progress.

Competitive Returns with Values Alignment

Your fund earns competitive, institutional-grade returns, and is responsibly stewarded by an organization whose sole mission is the betterment of this region.

Deep Local Knowledge and Expertise

More than 3,000 grants flow through the Foundation each year to nonprofits large and small. That sheer volume creates ummatched community intelligence, allowing us to provide guidance on supporting the causes you care about most. With real-time visibility into organizations doing the work, we know the gaps that need filling and where philanthropy can move the needle.

A Question Worth Asking

If you have a donor-advised fund at a commercial provider or elsewhere, ask yourself: Where do my fees go? Are they supporting shareholder profits at a commercial bank? Funding operations in another city? Or are they staying right here in Greater Birmingham working to make our community stronger?

The Community Foundation Advantage

Where Fees Go
At Our Community Foundation: Support local community initiatives and leadership
At Commercial Providers: Corporate profits or operations elsewhere
Personalized Service
At Our Community Foundation: Experts who know your local nonprofit community
At Commercial Providers: Often a call center or an out-of-town advisor
Grantmaking Expertise
At Our Community Foundation: Deep knowledge of local nonprofits and impact
At Commercial Providers: Limited local nonprofit knowledge
Community Impact Beyond Grants
At Our Community Foundation: Leading transformational regional initiatives
At Commercial Providers: Typically none, highly transactional
Investment Performance
At Our Community Foundation: Competitive returns with responsible stewardship
At Commercial Providers: Varies by provider

Administrative Fee Policy for Component Funds

The Community Foundation charges no setup fees or out-of-pocket expenses to establish a component fund. Administrative fees are calculated based on a fund’s average daily balance on an annual basis, and fees are assessed to the fund at the beginning of each year. Fee schedules for specific fund types are listed below.

In all cases, the minimum administrative fee charged to each individual fund will be $250. Investment management fees are also deducted from each individual fund at various times of the year. Investment management and custodial fees, while they may vary, usually average between 0.10 – 0.60% of the fund’s value.

Approved by the Board of Directors on Aug. 21, 2025, the administrative fee schedule for each individual type of fund is as follows:

Learn how we can help you give more strategically, effectively, and joyfully.