when you partner with Horizon you support our community
Horizon Community Funds assesses a Community Support Fee to cover the cost of administration and to continue HCF’s important work in our community. Community Support Fees provide the necessary resources to operate efficiently and effectively, ensuring fiscal responsibility in grant due diligence, donor and nonprofit education, promotion of charitable giving in this region, research, and other activities.
community impact fund
Fund minimum: None
Community Support Fees: 100 basis points (1%)
donor advised, designated, and scholarship funds
Fund minimum: $25,000 (Donor Advised Funds & Designated Funds); $50,000 (Scholarship Funds)
Community Support Fees:
100 basis points (1%) on the first $1 million
80 basis points (.8%) on the value between $1 million and $2.5 million
60 basis points (.6%) on the value above $2.5 million
All fees are quoted on an annual basis. Fees are assessed and charged to each fund on a pro-rated monthly basis according to the fair market value of the fund on the last day of each month. Investment and credit card fees are not included in the Community Support Fees. We strive to keep fees as low as possible so that we can maximize charitable resources for our donors and our community. All funds are subject to an annual $250 minimum fee. As HCF is a 501(c)(3) organization, the Community Support Fee is fully tax deductible and supports our mission to improve the Northern Kentucky communities we serve.