The HSU Advancement Foundation has changed the way it charges fees for the administration of charitable contributions.  The Contribution Administration Fee is now a 5% charge on new charitable contributions, which will be used to help to defray the costs to the University of accepting, processing, and stewarding them.  The new fee replaces the University Financial Services fee, which was a 4% charge on charitable funds when they were expended.

The Charitable Contribution Administration fee is designed to be more transparent to donors and recipients alike. It will also help those responsible for managing charitable funds to know exactly how much money is available to support programs and projects.

The policy for the Contribution Administration Fee is here and the revised Management of Non-endowment Accounts policy is here.