Types of Funds

 

Personalized service. Regional expertise. Community leadership.

 

The Community Foundation makes giving easy, flexible and effective, accepting a wide variety of gifts and providing donors the greatest flexibility. You can contribute cash, stocks, property and bequests. You may establish an unrestricted, field of interest, designated or donor-advised fund in your name or in the name of a loved one. Your gift will gain maximum tax advantage.

 

Our professional staff has an in-depth understanding of the issues, opportunities and resources that shape the southeast Kansas area. They monitor all areas of community need — including human services, education, the environment, healthcare, the arts and economic development. We can help you learn more about community agencies and programs that make a difference in areas you care about most.

 

We invest in the long term and bring people and organizations together, convening diverse voices to address issues and opportunities of common concern throughout the area. Our business is building community. And you can help.

 

GIVE NOW
If you want to establish a fund now and see your charitable dollars at work, creating a fund provides the satisfaction of giving while simplifying transactions and record-keeping.  You can use your fund to support charities in southeast Kansas or anywhere in the country.  

 

Donor-Advised Funds. You can have ongoing involvement in the use of your gift. You work with our professional staff, identifying ways to use dollars from the Donor-Advised Fund you establish to address the issues and needs you care about most. Your recommendations are submitted to our local board for approval; we then distribute grant dollars.

 

Unrestricted Funds. Your gift can address ever-changing community needs —
including future needs that often cannot be anticipated at the time your gift is made. Your fund can support all aspects of community well-being — arts and culture, economic development, education, environment, health and human services, neighborhood revitalization, and more. The flexibility of your unrestricted gift enables you to respond to the community’s most pressing needs, today and tomorrow.

 

Field of Interest Funds. You can target your gift to address needs in an important area of community life. Arts. Aging. At-risk youth. You identify your personal interest area when making your gift.

 

Scholarships. You can invest your gift in our community’s future and show students you care, all with the guidance and personal services of your community foundation. You determine the criteria students must meet to receive the Scholarship you establish. With your assistance, students achieve their academic and career-oriented goals—from preschool to postgraduate work.

Designated Funds. You can direct your gift to a specific nonprofit organization or purpose.  Help provide ongoing funding for a senior center, museum, or virtually any nonprofit charitable organization. Nonprofit organizations can use a Designated Fund through the Community Foundation of Southeast Kansas to build an endowment and enhance their ability to accept large and complex gifts.

 

GIVE LATER
The Community Foundation of Southeast Kansas will work with you and your professional advisor to create an estate plan that will support your charitable wishes beyond your lifetime.  

 

Bequest. You can designate a gift or portion of your estate to the community Foundation of Southeast Kansas and, in some cases, receive a substantial reduction in federal gift and estate taxes.

 

Charitable Gift Annuity. You can make a gift of cash or property to the Community Foundation of Southeast Kansas, get immediate tax benefits, and ensure that you or a loved one receive fixed quarterly or annual income payments for life.

 

Charitable Remainder Trust. You can place cash or property in a trust that pays annual income to you (or another named beneficiary) for life. After your death, the remainder of the trust transfers to the Community Foundation of Southeast Kansas, and is placed in a charitable fund you’ve selected. You receive income tax benefits the year you establish your trust.

 

Charitable Lead Trust. You can place cash or property in a trust that pays a fixed amount to the Community Foundation of Southeast Kansas for the number of years you select. Once this period ends, the assets held by the trust are transferred to the beneficiaries you name. In some cases, you receive a substantial reduction in federal gift and estate taxes.

Whether you're a potential donor, a professional advisor, a local nonprofit director, or someone who's simply concerned about the future of Kansas, connecting with your local community foundation is the first step toward a better tomorrow for your community