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Administrative Fee
The Program assesses an annual fee on all donor-advised assets to help cover operating and administrative expenses. The prorated assessment is made on a daily basis and is reflected in the net asset value of each investment pool. Annual administrative fees are as follows:
Investment Fee
The Program has established service agreements with T. Rowe Price Associates, Inc., to manage the investment pools operated for the benefit of the Program and its donors. Investment returns are net of expenses of the underlying mutual funds. Annualized expense ratios as of last quarter are as follows:
Total Fees
The total annual fees are the sum of the administrative and investment fees.
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"America’s first philanthropists were motivated to give for perhaps many of the same reasons Americans give today: to get money ‘into action’ — as George Eastman wrote."
Beyond, Winter 2002, p.1
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