The liquidity account is a cash account invested in Greater Horizons’ money market pool. It allows Greater Horizons to pay the donor-advised fund’s grants and collect administrative fees without affecting the fund’s managed investments.
We will work with you or a member of your team to transfer a portion of the fund balance to the liquidity account, based on the grant activity and assessed administrative fees, which we will provide on an invoice. You can determine what positions to liquidate to create the cash.
Liquidity account assets are held in a money market pool. Earnings remain in the fund and are applied monthly.
