When is the administrative cost charged?
Investment Returns
The following provides historical investment returns. The returns are net of investment fees and reflect our fiscal year ending June 30.
| Year | Investment Return |
|---|---|
| 2005 | 11.19% |
| 2006 | 12.45% |
| 2007 | 17.85% |
| 2008 | -8.44% |
| 2009 | -22.19% |
| 2010 | 15.37% |
| 2011 | 24.75% |
| 2012 | -4.57% |
| 2013 | 13.74% |
| 2014 | 18.70% |
| 2015 | 2.50% |
| 2016 | -1.9% |
| 2017 | 15.3% |
Current Fee Structure
$175 Minimum (for funds that will not produce $175 from the percentage)
Administrative cost charged to all funds: 1.75% (except scholarship & organizational funds)
Scholarship Funds: 2%
Organizational funds over $1 million: 1.5%
Fees Explained
Humboldt Area Foundation does not charge an administrative cost for the first 3 months the fund is invested. After that, the administrative cost is based on the fund’s average balance each month. One-twelfth of the administrative cost is taken from the fund on a monthly basis.