Waco Foundation charges 75 basis points (or 0.75%) annually for investment fees and does not charge an administrative fee. One-fourth of the investment fee is charged quarterly, based on the fund’s quarter-ending market balance. This charge does not support all of the costs of the investment and administration of the funds, so Waco Foundation subsidizes the fees and administration through the Foundation's Unrestricted Fund. These fees are supported with the intention of passing the potential earnings on to charitable causes in the community.
Waco Foundation has established a spending policy to simplify the process of grantmaking each cycle. The spending policy designates up to 5% of total assets, as determined on a 28-trailing quarter period, for grantmaking. This policy applies to both Waco Foundation’s Unrestricted Fund and the endowed component funds under the Foundation's management.