Laredo Area Community Foundation: minimums, Acorn funds and fee schedule explained
During Q&A, the foundation's donor relations director said a full fund minimum is $10,000, an Acorn starter fund can begin at $2,500 with five years to reach $10,000, and administrative fees scale from about 1.25% to 0.75% depending on fund size.
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Commission members asked specifically about how to start funds and what administrative costs a donor should expect.
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