Committment to Transparency

Muskoka Community Foundation (MCF) is a steward of community resources, committed to creating a smart and caring Muskoka by acting with integrity, and being accessible, accountable and transparent to all our stakeholders.

Muskoka Community Foundation utilizes the Wealth Management Services of TD Private Investment Counsel to manage our funds overseen by the Foundations Board of Directors.

MCF invests its  funds with TD Private Investment Counsel who manage them as part of their ever-growing asset pool to multiply the impact of donations received. Responsibility for managing the TD Private Investment Counsel portfolio is vested in their Board of Directors under the guidance of their investment committee.

Click here to review TD Wealth’s investment policy.

Investment & Philanthropic Services Fee
MCF charges a percentage fee to cover investment management and administrative expenses, such as costs associated with receipting and grant research. The fee is dependent on the type of fund.

Annual Fees for Endowed Funds: 2%

This fee structure may be revised by the Foundation from time to time. If you have questions about the Foundation, or would like more information about our fees, governance or policy, please contact us.

 

Annual Fees for Flow-Through Funds: 2.50%
This fee structure may be revised by the Foundation from time to time. If you have questions about the Foundation, or would like more information about our fees, governance or policy, please contact us.