Planning for 2024 Year-End Giving
It’s giving season!
As we approach the end of the year, our team at the Greater Kansas City Community Foundation stands ready 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.
Open a Donor-Advised Fund
We’re here to help donors open new donor-advised funds and other charitable investment accounts at any time. If you’d like to establish a new fund in this calendar year, we ask that you start the process before Friday, Dec. 20. If you or your clients find yourselves in a special situation at the last minute, we will be available to assist on short notice.
Check out the other types of charitable accounts you can use to maximize and organize your charitable donations.
Contribution Deadlines
If your charitable fund’s assets are invested separately in a financial advisor managed account, please work with your financial advisor to contribute to your fund in accordance with these deadlines. Financial advisors should email advisorservices@growyourgiving.org to notify the Community Foundation of incoming contributions.
If you plan to contribute to a donor-advised fund or other charitable investment account at the Community Foundation and would like to qualify for a 2024 tax deduction, we must receive assets by Tuesday, Dec. 31. Use these important dates when contributing to your fund:
| Contribution Type | Info to Know |
|---|---|
| Mutual Funds |
Please contact contribute@growyourgiving.org for instructions. |
| Stocks and Other Publicly Traded Securities |
If your fund’s assets are invested in the Community Foundation’s investment pools, complete a short online form to receive our instructions. When you fill out the form, it will also notify our team of your intent to contribute publicly traded securities to your fund. If your fund's assets are invested separately in a financial advisor managed account, your financial advisor should email advisorservices@growyourgiving.org to notify the Community Foundation of incoming contributions. |
| Wire Transfers or ACH |
If your fund’s assets are invested in the Community Foundation’s investment pools, complete a short online form to receive our instructions. When you fill out the form, it will also notify our team of your intent to contribute via wire transfer or ACH to help us process contributions quickly. If your fund's assets are invested separately in a financial advisor managed account, your financial advisor should email advisorservices@growyourgiving.org to notify the Community Foundation of incoming contributions. |
| Checks |
If you plan to contribute to your fund via check, complete a short online form for our mailing instructions. Make checks payable to the Greater Kansas City Community Foundation, noting your six-digit fund ID on the memo line. Mail to our lockbox at: Greater Kansas City Community Foundation |
| Credit or Debit Card |
Log in to the online portal, choose the name of your fund, and complete the form under the Contribute to Fund tab. |
| Privately Held Business Interests, Real Estate, Cryptocurrency and Other Complex Assets |
Contact info@growyourgiving.org to learn more. |
Suggesting Grants
If you would like your grants to make it to your favorite nonprofits before the year ends, please submit your grant requests as soon as possible to allow ample processing and delivery time. We recommend using the online portal for easy granting.
Many nonprofits have year-end fundraising goals, which you may be inclined to help them meet. The good news is that since you’ve already received a tax deduction when contributing to your fund, the timing of your grantmaking is entirely up to you!
Donor-Advised Fund Grant Guidelines
Our Team is Here to Help
Our Donor Services team is available to take your calls and answer your emails with questions about your charitable fund. You can reach our team Monday through Friday from 8 a.m. to 5:30 p.m. Central at service@growyourgiving.org or 816.842.7444.
Our team is taking time off to enjoy the following days:
- Wednesday, November 27, after 12 p.m. Central
- Thursday, November 28
- Friday, November 29
- Tuesday, December 24
- Wednesday, December 25
- Wednesday, January 1
If you need help while we’re away, you are welcome to still contact us. We’ll respond to you as quickly as possible.
