Planned Gift Realization Assessment An assessment fee as a percentage of the overall gift shall be applied on all planned gifts at the time of realization and include estates gifts, retirement plan distributions and life insurance proceeds. Historical Rates and Fees The historical record of the annual Endowment Distribution rate and Service fees applied have been approved by the EWUF Executive Committee as recorded on the attached Appendix A. Policy Historical Actions: Approved, Foundation Executive Committee December 4, 2008 – Amended and Approved, Foundation Executive Committee October 21, 2010 – Reviewed and Recommended, Foundation Finance Committee April 27, 2011 – Approved, Foundation Executive Committee May 24, 2011 – Amendment Board Adopted July 8, 2011 – Reviewed and Recommended, Finance Cmte. Sept. 21, 2011 & Approved, Executive Cmte. Oct. 24, 2011 – – Reviewed and Recommended, Finance Cmte. Sept. 19, 2012 & Approved, Executive Cmte. Jan. 15, 2013 – – Amendment Board Adopted June 18, 2013 – Amended and Approved, Finance Cmte October 16,2013 & Approved, Executive Cmte Nov.19,2013 – – Amendment Board Adopted Dec 3, 2013 – Amended and Approved, Finance Cmte October 14, 2015 – Amended and Approved Finance Cmte April 13, 2016 – Amendment Board Adopted June 14. 2016 – Reviewed and Recommended, Finance Committee April 12, 2017 – Reviewed and Recommended, Executive Committee May 16, 2017 – Amended and Approved EWUF Board June 13, 2017 – Appendix A (Historical Record of Approved Endowment Distribution Rate and Fees) Gift Type FY13 FY14 FY15 FY16 FY17 FY18
Planned Gift Realization Assessment An assessment fee as a percentage of the overall gift shall be applied on all planned gifts at the time of realization and include estates gifts, retirement plan distributions and life insurance proceeds. Historical Rates and Fees The historical record of the annual Endowment Distribution rate and Service fees applied have been approved by the EWUF Executive Committee as recorded on the attached Appendix A. Policy Historical Actions: Approved, Foundation Executive Committee – December 4, 2008 Amended and Approved, Foundation Executive Committee – October 21, 2010 Reviewed and Recommended, Foundation Finance Committee – April 27, 2011 Approved, Foundation Executive Committee – May 24, 2011 Amendment Board Adopted – July 8, 2011 Reviewed and Recommended, Finance Cmte. – Sept. 21, 2011 & Approved, Executive Cmte. – Oct. 24, 2011 Reviewed and Recommended, Finance Cmte. – Sept. 19, 2012 & Approved, Executive Cmte. – Jan. 15, 2013 Amendment Board Adopted – June 18, 2013 Amended and Approved, Finance Cmte – October 16,2013 & Approved, Executive Cmte – Nov.19,2013 Amendment Board Adopted – Dec 3, 2013 Amended and Approved, Finance Cmte – October 14, 2015 Amended and Approved Finance Cmte – April 13, 2016 Amendment Board Adopted – June 14. 2016 Reviewed and Recommended, Finance Committee – April 12, 2017 Reviewed and Recommended, Executive Committee – May 16, 2017 Amended and Approved – EWUF Board June 13, 2017 Appendix A (Historical Record of Approved Endowment Distribution Rate and Fees) Gift Type FY13 FY14 FY15 FY16 FY17 FY18
Endowment-Distribution-Fees-Plcy-Rev-6.13.17.docx