About Investment Portfolios
Not content letting philanthropic capital sit idly by while you find the perfect organization to support? Easily deploy dollars from any Endaoment Fund into board-approved DeFi protocols and crypto onchain assets.
You can grow philanthropic capital over time and increase the amount you’re able to grant out to 501(c)(3)s. You can enter any portfolio that is below its cap at any time, and exit whenever you are ready to grant out funds.
While all portfolio options go through a rigorous vetting process and must be board-approved before being made available to Endaoment users, it’s important to remember that portfolios containing onchain assets always bear some risk. Please make sure to consider these risks before deploying fund capital. In order to safeguard overall platform assets, Endaoment retains the right to force exit any portfolio position at any time, as described in the Crisis Response & Emergency Action section of Endaoment’s Investment Policy.
When deploying assets into a portfolio from a fund, you will decrease the grantable balance of that fund. Grants can only be made using USDC from within a fund, so you’ll need to exit or decrease a portfolio position in order to grant out the capital associated with that position.
Investment Portfolios Fees
All Endaoment portfolios fall into one of two categories: crypto assets and traditional assets. Below is the breakdown of fees, unique to each category of portfolio. In each case, DAFs are charged a nominal fee that covers the cost of maintaining the onchain and offchain infrastructure jointly as we grow the philanthropic capital.
0.25% Entry Fee
When assets are moved into any portfolio position, the associated DAF is charged 0.25% of the USDC denominated for deployment to support Endaoment’s work.
0.00% Exit Fee
To encourage the movement of philanthropic capital off the Endaoment platform and into the hands of other 501(c)(3)s, we’re committed to maintaining fee-less exits from all portfolios.
Crypto Asset Portfolios
$0.01 Minimum
When entering a crypto asset portfolio, the minimum investment size is $0.01. Effectively, this means that there is no minimum size for deploying capital into crypto asset portfolios.
1.00% Annual Fee
While growing philanthropically contributed capital, DAFs are charged 1.00% per year on Assets in Protocol (AiP), the total value of assets deployed into portfolios, in order to support Endaoment’s work.
Traditional Asset Portfolios
$500 Minimum
When entering a traditional asset portfolio, the minimum investment size is $500.
Variable Annual Fees
While growing philanthropically contributed capital, DAFs are charged a minimum of 0.50% per year on Assets in Protocol (AiP), the total value of assets deployed into portfolios, in order to support Endaoment’s work. The annual fees are different for each traditional asset offered in a portfolio based on different expense ratios from our brokerage partners. All fees charged are displayed in each portfolio’s page and inside transaction summaries to provide you transparency and assistance when making decisions about allocations. These fees are presented as an all-in expense ratio, with no hidden fees, and are shown below as well as in-app.
| Ticker | Name | Short Description | Total Expense Ratio |
|---|---|---|---|
| BIL | SPDR BLOOMBERG 1-3 MONTH T-BILL ETF | Treasury Bills | 0.636% |
| LQD | ISHARES IBOXX $ INVESTMENT GRADE CORPORATE BOND ETF | Investment-Grade Corporate Bonds | 0.640% |
| QQQ | INVESCO QQQ TRUST SERIES 1 | NASDAQ-100 Index | 0.700% |
| SPAB | SPDR PORTFOLIO AGGREGATE BOND ETF | US Aggregate Bonds | 0.530% |
| SDG | ISHARES MSCI GLOBAL SUSTAINABLE DEVELOPMENT GOALS | Sustainable Development Equity | 0.990% |
| SPXE | PROSHARES S&P 500 EX-ENERGY ETF | S&P 500 Ex-Energy | 0.630% |
| SPY | SPDR S&P 500 ETF TRUST | S&P 500 Index | 0.595% |
0.00% Exit Fee
To encourage the movement of philanthropic capital off the Endaoment platform and into the hands of other 501(c)(3)s, we’re committed to maintaining fee-less exits from all portfolios.