As an account holder, you receive administrative services typically available only through private foundations or regionally-based community foundations. These services are designed to assist you in discerning and reaching your charitable goals.
Standard Administrative Services
DonorsTrust operates independently from any banking institution or private foundation, so we are not subsidized in any way. As a 501(c)3 institution, DonorsTrust receives occasional gifts from donors who appreciate our unique purpose within the free-market community. However, our administrative fees are our primary means of sustaining our operations.
All donor-advised accounts receive standard administrative services. DonorsTrust will carry out due diligence of grant recipients and facilitate your grant disbursements as well as comply with all IRS reporting requirements and prepare quarterly account activity statements. As of Jan. 1, 2022, our fee schedule is as follows:
First $1 million – 75 bps (0.75%)
Next $1.5m – 65 bps (0.65%)
Next $2.5m – 60 bps (0.60%)
Next $5m – 50 bps (0.50%)
Next $15m – 40 bps (0.40%)
Above $25m – Please call to discuss
Select or Comprehensive Program Services
If you would like assistance in designing a structured philanthropic plan, you may choose to utilize Select Program Services or Comprehensive Program Services. Specific services could include but are not limited to: identifying and evaluating grantees; executing site visits; conducting program research; brokering special projects; and acting as a liaison between you and your grantees. These services are in addition to the standard administrative services. Fees range from 3% to 14% of grants paid annually.
