Discover the Right Fund for Your Charitable Vision
At the Community Foundation of Central Illinois, we offer flexible fund options to help you make a lasting impact in the areas you care about most. Whether you want to support a specific cause, provide educational opportunities, or stay personally involved in your giving, we’re here to help you achieve your philanthropic goals. Our clear, transparent fee structure ensures your generosity is managed with integrity and care.
Types of Funds at CFCI
CFCI offers a variety of fund types to help you meet your charitable goals:
Unrestricted Funds
Unrestricted Funds remain in perpetuity to address needs within our community as they change over time. A community-based committee reviews and approves grants, then awards them in your fund’s name.
Field of Interest Funds
Field of Interest Funds can be donor-directed for a particular purpose, such as literacy or art education. We select the nonprofit organizations that best serve your charitable intent.
Designated Funds
Designated Funds allow you to choose the charitable organizations you want to receive a portion of the earnings from your fund.
Donor Advised Funds
Donor Advised Funds allow you to be actively involved in your charitable giving.
Scholarship Funds
Scholarship Funds let you help a group of students at a specific school or in a particular curriculum in furthering their education. You can be involved in part or all of the selection process.
Organizational Endowment Funds
Organizational Endowment Funds let nonprofit organizations create permanent endowment funds. We handle all administrative and investment responsibilities, freeing the organization to pursue its mission.
Schedule of Support Fees
Designated Funds and Organizational Funds
| First $500,000 | 1.00% |
| $500,000 – $1 million | 0.90% |
| $1 million – $2 million | 0.80% |
| $2 million – $5 million | 0.70% |
| $5 million – $10 million | 0.60% |
| $10 million and above | 0.50% |
Donor Advised Funds, Unrestricted Funds, and Field of Interest Funds
| First $1,000,000 | 1.50% |
| $1 million – $2 million | 1.00% |
| $2 million – $5 million | 0.70% |
| $5 million – $10 million | 0.60% |
| $10 million and above | 0.50% |
Pass-Through Funds
2.0% of the assets given to the fund
Non-Endowed Donor-Advised Funds
1.5% of fund balance
Notes:
Scholarships
2.0%
These fees includes all investment management and custodial fees charged directly to CFCI for the investment of assets. CFCI will endeavor to negotiate the lowest fees possible using the collective buying power of the pooled accounts.