No Minimums
Major providers often require a minimum fee of $500, plus a minimum donation of $5,000 or even $25,000 to open a DAF. At Endaoment, there is no required DAF initial donation size, and no charge for opening a DAF! Donations and grant recommendations have no minimum size!Tiered Inbound Fee
When you initially make a donation of any asset into your DAF you’ll pay a one-time fee based on the total amount of the donation. The fee is tiered as follows:Balance Range | Donation Fee |
---|---|
$0 - $250,000 | 0.50% |
$250,000 - $500,000 | 0.40% |
$500,000 - $1,000,000 | 0.30% |
$1,000,000 - $10,000,000 | 0.20% |
$10,000,000 - $100,000,000 | 0.10% |
$100,000,000+ | 0.05% |
1.0% Outbound Fee
Once a grant recommendation is approved by Endaoment, 1.0% of the total granted amount is used to support our work before funds are sent to the nonprofit.If you make a direct donation on an organization’s page, you are making both a donation and a grant recommendation simultaneously; a 1.5% fee is applied.
Why Endaoment is the Better Choice
- Lower Fees: Across all gift sizes and timeframes, Endaoment keeps fees low, meaning more money stays in your DAF for giving.
- Bigger Savings Over Time: On a $100 million gift over 10 years, Endaoment’s fees are just 0.65%, compared to 1.06% at NPT and 2.47% at Goldman Sachs.
- Simple, One-Time Fees: No ongoing asset management fees that chip away at your idle balance—just a straightforward, one-time fee when you donate.