What is it?
The Liquidity Account represents a small portion of assets held at AEF. It allows AEF’s quarterly administrative fees to be withdrawn without investment disruption. It is replenished annually.
People-Driven, Best-In Class Service
As one of the original and largest donor-advised fund sponsors for over 30 years, American Endowment Foundation provides donors and advisors with flexible, tax-smart solutions.
Liquidity Account Explanation
Where is it held?
Liquidity Accounts for each AEF DAF are held in cash equivalents such as money market funds and short-term U.S. Treasuries.
How does it work?
When a Donor Advised Fund is funded, AEF typically requests within 30-60 days an initial contribution to the Liquidity Account of 1% of the donors’ Fund balance. The remaining assets stay in the Investment Account.
- Quarterly, AEF will assess its administrative fee
from the Liquidity Account. - Annually, AEF will request cash from the
Investment Account to replenish the Liquidity
Account balance to approximately 1% (some Funds
may have more or less requested due to current
liquidity balances and total Fund size). - The financial advisor completes this transfer by
processing an ACH/EFT to AEF’s bank on file
Built For Donors and Their Advisors
At AEF, we’re proud of our legacy – and we’re excited to help you build yours.
Build a Legacy That Lasts with American Endowment Foundation
“When you call AEF, you speak with a person that knows you and your client.”