Management and Costs

Investment overview

The Community Foundation of Mendocino County manages charitable funds for growth over time so that together we can do more for the communities we love. Contact us if you have questions or would like to discuss any element of the following.

Investment management

The Board of Directors of The Community Foundation of Mendocino County has the legal responsibility for supervising organizational investments. In exercising its legal and fiduciary responsibilities, the Board has established policies and procedures that shape and guide its investments.

Finance & Investment Committee 

Maintaining its ultimate authority, the Board has created a Finance & Investment Committee to whom the investment authority has been delegated, subject to the consent of the Board.  The Finance & Investment Committee's mandate requires it to meet at regular intervals (at least quarterly) and report to the Board. The Committee oversees the pooled endowment.

Administrative fees

To support our careful stewardship of charitable assets, on a quarterly basis we charge the following administrative fees on the fair market value of funds.

Minimum fund size: $10,000

Management fee:

  • Less than $1 million     1.5% / annual (0.375% / qtr)  

  • Incrementally above $1 million     1%   / annual (0.25% / qtr) 

  • Incrementally above $5 million   0 .75% / annual (0.1875% / qtr)