14 Mar Full circle: Grow your philanthropy through recurring gifts
Developing a practice of regular contributions to your donor-advised fund at the McPherson County Community Foundation (MCCF) not only allows you to systematically build a philanthropic nest egg for your annual giving to favorite charities, but also paves the way for your future legacy bequests. Whether your cadence of contributions is monthly, quarterly, semi-annually, or annually, the consistency delivers many benefits. For instance:
–As your donor-advised fund grows, it allows you to be nimble with your giving and meet the urgent needs of the community as they arise. For the community as a whole, this type of support and stability gives many nonprofit organizations’ leaders the peace of mind and security of knowing that important programs can continue through good times and bad.
–Recurring giving to your donor-advised fund also helps build ultimate capacity to ensure that your principles and dedication to altruistic endeavors endure long beyond your lifetime. Many fund holders at the Foundation have included provisions in their donor-advised fund documents to leave all or a portion of the donor-advised fund remaining at their death to an unrestricted or area of interest fund at MCCF.
–Talking about your recurring support through MCCF helps to create a giving culture within your family. Over time, your children and grandchildren will learn that philanthropy is an important family tradition and that charitable giving is a critical source of funding for programs that improve the quality of life for so many people in our region. Your donor-advised fund at the Foundation offers ongoing flexibility to fulfill your own charitable goals as well as the goals of the next generation.
Our team is happy to work with you and your advisors to determine the best way for you to make regular contributions to your fund, especially if your priority is to give highly-appreciated stock to take advantage of the opportunity to avoid income tax on capital gains.
We look forward to talking with you about how recurring donations to your existing donor-advised fund (or a new donor-advised fund if you’re considering it) might be a fit for you and your charitable plans.
