We are assuming the management of a $225,000 granting portfolio for one of our corporate partners and have proposed a management fee of 12%. The program will be handled entirely by existing staff.
Can you offer any insight on how that percentage might compare with fees that you might have charged for similar services, or any “industry standards” you may have run across?
Thanks in advance for your help.
Brett Thompson
Chief Operating Officer
Greater Hartford Arts Council
100 Pearl Street I Hartford, CT 06103
860-525-8629 x222
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