Charitable Fund and Fee Information
Charitable Fund Types
With a $10,000 minimum gift for donor advised funds or a $25,000 minimum for other fund options, your clients can open a fund with the Saint Paul & Minnesota Foundation, a local community foundation. We’ll work with you and your clients to identify which fund best achieves their charitable goals.
Download more information about each of our charitable fund options.
Donor Advised Fund
Our most popular fund option, donor advised funds provide donors with a flexible and efficient way to organize their charitable giving. From this charitable account, the donor recommends grants to the causes and organizations they care about — while we handle all the accounting, legal and investment services.
Minimum to Start: $10,000
How to Help Your Clients Choose a Donor Advised Fund Provider
Donor Advised Fund Information
Designated Fund
Designated funds provide long-term support to one or more charities that donor names, so those organizations receive continued and reliable funding. The donor chooses the nonprofits to support and we issue annual grants to those nonprofits — forever.
Minimum to Start: $25,000
Designated Fund Information
Designated Education Fund
For many donors, ensuring our young people have access to world-class education no matter their background is essential. Many of us would like to support students at a specific school and to see that support grow as the cost of education rises over time.
A designated education fund at the Saint Paul & Minnesota Foundation allows donors to do just that. Through a designated education fund, donors can provide permanent financial support for students at a specific school to cover the cost of post-secondary education.
Minimum to Start: $25,000
Designated Education Fund Information
Field of Interest Fund
Many of us have a particular charitable cause that is close to our hearts. A great way to create an impact around a specific topic or focus area is through a field of interest fund.
The donor identifies a charitable purpose (e.g., the arts, education) and/or a geographic area. Our knowledgeable, local staff identify the specific nonprofits that match their charitable giving goals and distribute grants to them annually.
Minimum to Start: $25,000
Field of Interest Fund Information
Unrestricted Fund
An unrestricted fund at the Saint Paul & Minnesota Foundation allows donors to make a gift that will improve the quality of life for those living in our community — forever.
Unrestricted funds provide the funding for the Foundation’s open grantmaking programs. Every year, the donor’s legacy will make grants to worthy nonprofits addressing emerging and changing community needs.
Minimum to Start: $25,000
Unrestricted Fund Information
Individually Managed Fund
If you would like to manage the assets of your clients' donor advised fund, we can work with you and your client through our Individually Managed Fund option. Contact our Gift Planning team for more information.
Minimum to start: $250,000
Talk to Our Team
Corporate Donor Advised Fund
Corporate donor advised funds provide organizations with a flexible and efficient way to organize their company charitable giving program. From this charitable account, the corporate fundholder recommends grants to the causes and organizations that match their philanthropic intentions — while we handle all the accounting, legal and investment services.
Minimum to Start: $50,000
Talk to Our Team
Nonprofit Fund Options
For nonprofit organizations, we offer endowment funds, provisional funds and designated funds that can support a nonprofit’s long-term financial stability and provide a stable income stream for generations to come.
Private, Corporate and Family Foundation Support Services
The Saint Paul & Minnesota Foundation is the partner of choice for private, corporate and family foundation support and solutions. When you partner with us, your clients can let go of the complexities of day-to-day operations and focus instead on community impact.
With customizable structural relationships, we can offer a range of services including accounting and regulatory compliance, grant recommendation or processing, due diligence, investment services and more.
Fee Information
Fund fees include administrative and investment fees. The following are the fee ranges:
Administrative Fees: .35% to 1.5% depending on the type of fund and fund balance
Investment Fees: .01% to .088% depending on your client’s fund investment recommendation
Please contact us for more information or a personalized quote.
Donors choose to work with the Saint Paul & Minnesota Foundation because they value the highest level of personal service as they identify and fulfill their charitable goals. Our donors also enjoy invitations to our complimentary events to gather with one another to learn, share and engage in meaningful experiences with nonprofits.
Our Investment Strategy
A sound investment strategy is crucial in our work to create an equitable and just Minnesota where all communities and people thrive. Our Investments team seeks to realize strong returns while minimizing volatility, ensuring that the Foundation and our donors are able to support community-led solutions for years to come.
The size of our portfolio allows us to work with the top fund managers in the country, and our seasoned investment team ensures that your clients’ funds are managed for prudent, long-term growth.
How We Work Together
Our experienced, local staff understand ongoing and emerging community needs. That specialized knowledge ensures that your clients can strategically target their gifts to match their charitable intent. No matter what your clients’ charitable needs are, we’re here to support you.