2022 Annual Report
Greetings!
Our donors have proved their incredible generosity once again by providing a record number of grants to charities across the country in 2022. They gave more than $819 million to nonprofit organizations from charitable funds held at the Greater Kansas City Community Foundation and our national entity, Greater Horizons.
Most grants were made with donor-advised funds, which continue to grow in popularity. While many donors have recently discovered the benefits of using these funds for their giving, we've had the privilege of serving some donor-advised funds for more than 40 years. Many funds start small, but we found that donors who have used donor-advised funds for longer periods of time make larger grants, which is good news for charity.
To both our newer and longtime donors, we thank you for all you do to make a difference in your communities, and we look forward to watching your giving grow.
Debbie Wilkerson
President & CEO
Assets
Our assets are held in charitable funds established by donors with unique charitable goals and interests. Over half of our assets are held in donor-advised funds. This chart shows our total assets as of December 31, 2022.
Total Assets: $5,001,726,547
*Other may include charitable gift annuities, charitable remainder trusts, unrestricted funds and administrative funds.
Contributions
Donors contributed more than a billion dollars to their charitable funds in 2022, donating cash, publicly traded securities and complex assets. Complex assets include private business interests, real estate and cryptocurrency.
Total Contributions:
$1,034,867,676
*Other may include charitable gift annuities, charitable remainder trusts, unrestricted funds and administrative funds.
Grants
Donors use their charitable funds to grant to their favorite causes. In 2022, donors granted more from their funds than ever before, giving $819 million to nonprofit organizations across the country.
Total Grants: $819,439,138
*Other may include charitable gift annuities, charitable remainder trusts, unrestricted funds and administrative funds.
Funds
Donors established 725 new charitable funds in 2022. Most chose donor-advised funds as their preferred giving vehicle. This chart shows our total funds as of December 31, 2022
Total: 6,735
*Other may include charitable gift annuities, charitable remainder trusts, unrestricted funds and administrative funds.
Donor-Advised Funds
Donors use donor-advised funds as an investment account for their charitable dollars, setting aside money in their funds for tax-free growth to maximize donations to nonprofit organizations.
Total Assets: $2,898,078,105
Donors support their favorite charities across the country. The following map shows where donors granted in 2022.
In 2022, the largest share of donor-advised fund grants supported nonprofits working to preserve, protect and improve the environment; and provide for the care, protection and control of wildlife and domestic animals.
Agency Funds
Agency funds help nonprofit organizations build long-term assets, serving as a home for reserve funds.
Total Assets: $1,209,748,711
Field-Of-Interest Funds
Field-of-interest funds support a specific cause or community. Many of our field-of-interest funds are set up to carry out a donor's legacy after they pass, with an advisory committee providing oversight.
Total Assets: $166,192,317
Designated Funds
Designated funds support one specific charity, staggering donations to the charity over time. Designated funds are especially popular with donors who choose to make a charitable distribution from an IRA.
Total Assets: $135,153,053
Scholarship Funds
Through scholarship funds, donors provided $4.6 million in direct assistance to more than 2,000 students for the 2022-23 school year.
Donors who establish scholarship funds determine the criteria for their scholarship awards and can serve on selection committees.
Total Assets: $71,603,732
Corporate Giving
We work with employers of all sizes who want to foster a corporate culture of giving. Many companies choose to set up corporate donor-advised funds to serve as their corporate foundations. We offer a suite of services including matching gift programs, disaster relief programs, and strategic planning assistance.
More than 3,600 employees used their employers' matching dollars to donate $13 million to their favorite charities.
Corporate Giving in 2022:
$54,179,445
Grantmaking Services
In 2022, 24 local and national funders tapped into our grantmaking expertise. We take a custom, behind-the-scenes approach with each of our grantmaking clients. Collectively, they hold more than $257 million in assets.
We help private foundations, businesses and other funders manage all aspects of their charitable giving by equipping them with the tools and resources they need to make an impact. Grantmaking clients also work with us to hone their giving strategies and engage multiple generations in their philanthropy.
Totaling More Than
$46 Million
Investments
Assets in charitable funds are invested and grow tax-free. Donors can customize their funds' investments to meet their charitable goals.
We currently work with more than 800 financial advisors who manage their clients' charitable assets.
About Our 2022 Annual Report
Assets, funds and investments are as of December 31, 2022.
Percentages may not total 100 due to rounding.