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Business-Advised Funds

CFT for Business is delighted to offer business-advised funds to companies of all sizes. Through a business-advised fund, CFT can support your company’s goals with a full spectrum of services, including grantmaking, due diligence, site visits and access to CFT fund holder events.


Finding ways to come together to make a difference in our community is vital. Open a business-advised fund at CFT to amplify the impact of your company's commitment to giving back to the causes and issue areas that matter most to you.
 

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Learn more about our business-advised fund benefits and details below. Curious about CFT for Business' member services? Learn more here or read our Business Impact Stories here!

Annual Service Fees

See below for an example chart of our annual service fees on business-advised funds.

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A $5,000 minimum contribution is required to open a fund at CFT. CFT’s fees offset the costs associated with administering a fund and help cover professional services while sustaining the work of the foundation in the community. These costs include staff time devoted to investment oversight, grant making and record keeping. Fees are reviewed annually and assessed monthly. CFT may adjust fees as appropriate.
 

Fair Market Value Service Fee Fund Balance Fee Assessed
Up to $1,000,000 1.00% $100,000 $1,000
From $1,000,000 to $3,000,000 0.60% $2,000,000 $16,000
From $3,000,000 to $10,000,000 0.40% $8,000,000 $42,000
$10,000,000+ 0.20% $12,000,000 $54,000

Benefits:

  • Access to dedicated Relationship Manager as point of contact for all CFT services
  • ​24/7 online access to fund balance, resources and annual report of philanthropic activity
  • Oversight of grants processing
  • ​If the company has a grant making committee, training and education is available
  • Due diligence and grant payments for an unlimited number of US based 501c3 public charities 
  • ​Proposal review and grant implementation support, as needed
  • Grant agreements and report tracking
  • ​Choice of investment
  • Acceptance and liquidation of complex assets including real estate, pre-IPO stock, etc.
  • ​and more!

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Helping businesses do the most good in our community is what CFT for Business does best. Contact us to learn more about how we can help grow your company's community engagement and help manage your charitable giving.

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