Administration fees on Principal Balance
Currently CSuite allows for admin fees to be charge on the fund balance only which includes any funds held in reserve on the individual funds to facilitate respective spending policies, which many include a 3 or 4 year rolling averaging for spendable income to funds. A number of Foundations transitioning to CSuite have charged admin fees only on the capital (principal) balance of their funds. We would like to see an option to charge admin fees on principal only.
This makes complete sense to have this as an option available