Investment Management & Mutual Fund Expenses
The cost to the account is .60% (six-tenths of one percent) for this service. In addition to this investment management fee, there may be internal fees associated with the mutual funds ranging from .15% to .60% (fifteen one-hundredths to six-tenths of one percent). There are no sales loads or commissions on any of these mutual funds. The operating and management expenses of the mutual funds used in the investment models are subject to change.

Administrative Fees
ACP incurs administrative expenses associated with its operation as a charitable organization. To cover these costs, an administrative fee of .50% (one-half of one percent) is applied to each account. ACP’s Board of Directors reviews and approves administrative fees annually.

Fee Calculations
ACP will deduct fees from ACP donor-advised accounts on a monthly (in advance) basis. Fees will be based on the month-ending balance. Each month, .092% of the account will be deducted for management and administrative fees (1.10% divided by 12).