The fund is voluntarily administered.

这个基金是无偿管理的。

《牛津词典》

A trust fund administered by the World Bank will manage the money.

由一家世界银行运行的信托基金将会管理资金。

youdao

Currently, phone companies nationwide pay into the Universal Service Fund, an FCC-administered pool that gives grants to rural carriers.

目前，全国的电话公司都会往FCC管理的通用服务基金中注入资金，这将保证乡村地区业务的运行。

youdao

The White House says that among the issues the president will discuss with BP officials will be the size of the fund, which would be administered by a third party.

VOA: standard.2010.06.14

An even more market-friendly approach would be to fund these loans into an administered fund in the IMF, which would provide more flexibility for the loans, but would not guarantee that countries are willing to accept direct credit risk from recipient countries.

FORBES: Geithner To EU: IMF Will Play A Role, But Without Fed Money

Likewise, 46% of the 401(k) plans administered by fund giant Vanguard Group offered a Roth option by the end of 2011, and only 9% of participants who had access to a Roth 401(k) were using it.

WSJ: Family Value: Is It Time to Convert

Chile went first, in 1981, with mandatory individual retirement accounts administered by competing fund-management companies.

ECONOMIST: Latin lessons on pensions