PPT Slide
How does it work? Economics
- AGF pays AG&T 1% per year for administration
First year 1% required by trust
(covers all expenses except directors fees)
- AGF invests in AG&T Philanthropic Common
- Common Trust pays AG&T 1.5% per year for
administration and investment management
(brokerage and audit = additional expense)
- AG&T pays advisor from Common Trust fees
First year 1% advisor fee not deducted from contribution