The Foundation charges an annualized one and half percent investment fee on the endowments. This fee is based on the balance of the endowment as of December 31st. The purpose of this fee is to defray expenses and support the general charitable purpose of the Foundation. The endowments are also charged the investment manager’s fee which was 34.1 basis points or .341% for fiscal year FY11. The Foundation General Fund incurs the cost of the investment consultant.

The SIU Foundation applies a one-time six percent supplement fee to all gifts of cash and securities. The Foundation uses five percent of the fee to fund central operations and returns one percent to the generating colleges or units to support their specific advancement activities. It is the Foundation’s goal to increase private support which will assist the various colleges of the University in providing quality services to its students, alumni, and the communities we serve.