• Financial statements for each fund, including investment activity and itemized lists of donations and disbursements
• Acknowledgment of gifts made to the fund, receipts meeting current IRS regulations, and thank you letters to all donors
• Independent audit of all financial transactions
• Required IRS annual tax returns filed on behalf of the fund’s activity
• Inclusion of fund description in HAF’s Yearbook with circulation of 8,000
• Upon request, assistance with press conference at fund’s inception and/or press release at time of grant award
• Advice on grant-making procedures and guidelines.
• Professional charitable estate planning assistance for potential donors to the organizational fund

Investment Management
The Humboldt Area Foundation (HAF) manages $80 million in assets and currently pools investments for over 600 funds.  Investing on a pooled basis produces significant economies of scale, including: (a) enhanced diversification of assets across investment styles and money managers; (b) enhanced access to money managers that might otherwise be unavailable due to account size minimums; and (c) reduced costs due to the application of size-sensitive fee schedules to an expanded asset base.

HAF participates in the American Funds Community Foundation Program.  Specific American Fund mutual funds are joined with selected funds from the mutual fund family of DFA (Dimensional Funds Advisors) to acquire optimum results.  Investment services have been expanded to include the services of local investment advisors.
The Humboldt Area Foundation also invests some expendable funds in low-risk or non-risk investments.  These returns vary by the month.



Asset Allocation
The Humboldt Area Foundation's assets are allocated as follows:

Administrative Fees
Annual fee schedule for agency endowments:

• 1.5% of the principal balance for funds with a balance less than $100,000
• 1.0% of the principal balance for funds with a balance of $100,000 - $500,000
• .75% of the principal balance for funds with a balance over $500,000