You can contribute cash, appreciated securities or other assets, which are immediately tax deductible up to the maximum allowed by law. You can contribute to your fund when it is most convenient and then recommend gifts over time to nonprofit organizations of your choice. You select a fund name and investment strategy, and then get to enjoy making grants to organizations committed to the causes you care about. You also can involve your children and grandchildren to share in a family tradition of giving. The Community Foundation has over 600 donor advised funds .
Money can be a powerful medium for social change.
Because the Hatches also wanted their children to have the experience of making a difference, the Hatch Family Fund was established. The fund was created shortly after the Hatches moved to Kansas City from Minneapolis in 1984. When Kristin was in third grade, Bob and his wife, Nancy, set up the first family fund in which their children were allowed to select projects in their areas of interest. These funds are created to ensure that support will be provided to one or more specific charitable organizations named by you. Designated funds often are endowed in perpetuity with the income used to support the organizations on an on-going basis.