Gift Fee Disclosure Statement

The McLaren Oakland Foundation assesses minimal fees on certain forms of gifts and on our endowment. Fees are charged on grants to the extent allowed by the grantor. The fees are designed to assist the Foundation in the following:

• maintaining more than thirty distinct restricted funds
• conducting events to raise awareness of the Foundation’s mission
• building and maintaining relationships with donors and prospective donors
• providing receipts for all donations
• processing the collection of all gifts (e.g. cash, check, credit card, and stock gifts)
• reporting on all gifts and disbursements to the appropriate restricted fund unit
• ensuring each disbursement request conforms to established criteria
• stewarding donors including but not limited to acknowledgments, special events and communications.

The McLaren Oakland Foundation is an independent and private organization, whose purpose is to raise money for the benefit of the McLaren Oakland Hospital. As an independent nonprofit organization, fees are necessary to support the ongoing operations of the Foundation. The Foundations fee structure is periodically reviewed and approved by the Foundation's Board of Trustees.