TIFIN Give was launched with a distinct focus on ensuring that your generosity goes farther as a result of consciously constructed fee structures designed to maximize the impact of your philanthropic mission. TIFIN Give utilizes a simple fee structure which affords you the comfort of giving when it is right for you without the worry of devaluing the impact of your charitable dollars.
Simple, Low Cost Structure
A 60 bps (.60%) annual fee is assessed on held balances for the first $1,000,000.
For all amounts over $1,000,000, TIFIN Give assesses fees equal to 20 bps (.20%).
For all amounts over $2,500,000, TIFIN Give assesses fees equal to 10 bps (.10%)
TIFIN Give does not charge account minimum fees
Real World Examples
An account funded with $1,000,000 would incur fees of $6,000 per year, assessed monthly
An account funded with $5,000,000 would incur fees of $11,500 per year, assessed monthly.
As compared to industry averages, TIFIN Give fees on a $5,000,000 account can represent savings up to $24,500 annually
To put that in perspective, the fee savings can provide...
Over 4,500 meals to children (Bread of Life International)
Clean water for 2600+ individuals (Charity Water)
How are the fees calculated and when are they drawn?
Fees will be calculated daily based on the Giving Fund balance and are drawn from the Giving Fund monthly. It is an annual fee that is calculated daily and billed monthly. The fee is assessed daily as 1/365th, and totaled at the end of the month to assess the monthly fee.