Policies

INVESTMENT

The FCF Board of Directors establishes an investment policy which sets objectives on the return of its investments and limits on the level of risk, types of investments, and composition of its portfolio. The investments are professionally managed by Doherty and Associates.

 

SPENDING

FCF has a spending policy which provides a framework for grantmaking to qualified donees.

 

ADMINISTRATION FEE

FCF charges an administration fee equal to 1.5 percent of the  balance of the capital of all fund types. 

 

DISBURSEMENTS

Each year disbursements are made from earnings on investments according to the philanthropic wishes of the donors. 

 

FAQ'S PROFESSIONAL ADVISORS

Professional advisors often have questions about FCF, its funds and how they can best serve their clients.