Earlier this summer, Giving USA released its annual report on giving trends in the United States, highlighting data from 2023. While we’re in the thick of 2024, it may be hard to recall notable moments from 2023. Last year, many entered the year gearing up for a recession. As it turns out, the economy performed better than anticipated, but inflation …
What does a charitable legacy mean to you? When using a charitable giving vehicle like a donor-advised fund or private foundation, you may be thinking about the future of your philanthropy, the impact you will make and what legacy you want to leave for those who come after you. This could raise some questions in your mind: Do I want …
The Greater Kansas City Community Foundation aims to provide donors with a great giving experience. A critical piece of that experience includes the ability to invest and grow charitable assets via donor-advised funds. From time to time, there are rumblings of legislation or regulations impacting donor-advised funds. We always have our ear to the ground in D.C. Right now, we …
Often when we consider charitable giving, we first think of giving cash or stock. Yet, for many philanthropists, the bulk of their wealth lies in other types of assets, like investments in real estate or private businesses. Sometimes, grassroots or smaller charities aren’t equipped to receive gifts of appreciated assets. This is where donor-advised funds can shine, allowing philanthropists to …
A rapidly growing alternative to traditional monetary and banking systems, cryptocurrency is now finding its place in the philanthropic world. Foundations and other nonprofits are implementing new solutions to be able to accept and leverage cryptocurrency donations. The Greater Kansas City Community Foundation is part of this movement, able to help cryptocurrency donors achieve their philanthropic goals in a flexible …
While donor-advised funds have been around since the 1930s, they have recently become the fastest-growing charitable vehicle in the United States, and the Donor Advised Fund Research Collaborative (DAFRC) is at the forefront of leading efforts to study them. The DAFRC aims to help improve best practices and broaden the understanding of how donor-advised funds work in the charitable giving landscape. The …
If you’re stepping into retirement, you might be asking yourself, “What’s next?” Many donors we meet at the Community Foundation already have their answer. They’re pivoting from their working years to their giving years. Some might establish a donor-advised fund. Others dedicate more time to volunteering. Those who are at least 70 ½ years old have another option, as they may …
Late in 2023, Merriam-Webster announced that their word of the year was “authentic.” According to Merriam-Webster, the term had an increase in searches “driven by stories and conversations about AI, celebrity culture, identity, and social media.” Perhaps people were inspired to become more authentic because of the significant events and cultural moments that shaped 2023. While we can’t know what …
If you have recently opened a donor-advised fund at the Community Foundation or are eager to learn more about the opportunities that come with your fund, this blog post is for you! By opening a donor-advised fund, you have unlocked a world of possibilities and advantages that will amplify your philanthropic impact. We like to break down the donor-advised fund process into three simple …
December is often filled with feelings of hope, gratitude and kindness to others. It’s the perfect time to reflect on the role everyone can play in making the world a better place. For us at the Community Foundation, December also means “The Giving Season” is in full swing, which is a time when we help many philanthropists set up new …
