Investment Program and Administrative Fees


The Community Foundation of Tampa Bay, Inc. (the "Community Foundation" or "Foundation") was established in 1990 with donor gifts and bequests to provide a permanent endowment.

The Board of Trustees of the Community Foundation is committed to enhancing the financial portfolio of the Foundation by establishing and managing funds for the immediate and future needs of the Foundation's operations and programs.

Moreover, the Community Foundation Board of Trustees is dedicated to acting prudently and diligently as a responsible steward for the financial resources that have been provided to the Foundation.

Investment performance and asset allocation are under the control of an investment policy overseen by a volunteer investment committee comprised of nine members including Trustees, Council members, professional investment advisors, and an investment consultant.

For additional information about our investment policies and objectives, please refer to the following document:

Statement of Investment Policies & Objectives


Fee Schedule

1. For funds involving staff time for investigating and awarding grants: one percent per annum of the fair market value of the assets.
2. For designated funds, annuities, and charitable remainder trusts:
   1. One-half percent per annum of fair market value of fund assets on the first $1,000,000;
   2. One-quarter percent on the next $4,000,000;
   3. One-tenth percent on amounts over $5,000,000.