Despite a decline in overall charitable giving (according to Giving USA), inflation, and a challenging year for U.S. financial markets, the 2023 Donor-Advised Fund Report compiled by National Philanthropic Trust, shows donor-advised funds continued to be one of the most reliable funding sources for charitable organizations. Grants from donor-advised funds have grown every year since 2009 and more than doubled …
Planning for 2023 Year-End Giving
It’s giving season! As we approach the end of the year, our team at the Greater Kansas City Community Foundation is all-in to help philanthropists establish new charitable funds, contribute to their funds and process year-end grants to nonprofits. Here are our tips for giving this year-end. Opening a New Charitable Fund at the Community Foundation We’re here to help …
Inspiring Generosity on Grandparent’s Day
Grandparent’s Day is dedicated to honoring grandparents and their meaningful role in families. Every year, this holiday reminds us to take the time to recognize the undeniable impact grandparents have on our lives. Oftentimes, grandparents are caregivers, teachers and mentors for families. They can also be the best playmates, adventure buddies and advice-givers. At the Community Foundation, we have helped …
Beyond the Headlines: A Bright Future for Philanthropy
If you’ve been keeping up with recent headlines about philanthropy, you may have noticed that 2022 was a down year for charitable giving. The economic challenges experienced in 2022, such as high inflation and turbulence in the stock market, left some with less disposable income to allocate toward charitable causes. The 2022 results follow the two best years on record …
What’s Next After Opening Your Donor-Advised Fund? Grantmaking!
After establishing your donor-advised fund and setting charitable assets aside for philanthropy, it’s time to get to the fun part, grantmaking. Now, you can use the funds from your donor-advised fund to support your favorite nonprofits. As your trusted partner to support your grantmaking, we are here to help. Director of Donor and Corporate Services Brian Motl breaks down some …
Make Summer Count: Explore the Opportunities of Family Philanthropy
Whether going on a trip or hosting a backyard barbecue, summer is an excellent time for families to connect and make memories. Another activity families can do together this summer is philanthropy. Taking time to explore your family’s philanthropy can be a great way to build stronger relationships while contributing to something meaningful. Here at the Community Foundation, we work with many …
Unlocking Philanthropic Potential: 4 Must-Know Benefits About Donor-Advised Funds
A donor-advised fund is a charitable investment account that allows donors to organize and optimize their giving potential. Although donor-advised funds have been around since the 1930s, they have become the fastest-growing charitable giving vehicle in the United States in recent years. Let’s explore four key benefits that make donor-advised funds at the Community Foundation a popular choice for individuals, …
Fueling Nonprofit Success: The Role of Donor-Advised Funds
Here at the Greater Kansas City Community Foundation, we regularly establish all types of charitable funds for individuals, families, companies and even charities. What’s the most popular charitable vehicle we encounter? It’s easily the donor-advised fund. These funds make up more than half of our assets and the majority of our annual contribution and grant totals. Our donors choose to …
Charitable Solutions for Business Owners: Greater Impact, Fewer Worries
If you own a private company, you might have a long list of things that keep you up at night. After you tick through budgets, employees, customers and competitors, is your exit strategy at the bottom of the list? If you’re not a late-night worrier, maybe you spend your nights dreaming of retirement, knowing that you’re working hard now to …
Your Guide to Donating Complex Assets
With a donor-advised fund or other charitable investment accounts, you can easily set aside gifts of cash and publicly traded securities for your immediate or long-term grantmaking. Our team at the Greater Kansas City Community Foundation is equipped to handle more complex gifts to donor-advised funds, too, which means you can consider your full financial portfolio for your philanthropy. In …