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Why the Community Foundation of Southeast Kansas?

 

When donors establish a fund through the Community Foundation of Southeast Kansas, they open the door to a very broad range of charitable options. The Foundation can manage virtually any type of gift for any charitable purpose.  Clients who voice interest in giving through a charitable trust or a private foundation accomplish many of the same objectives when using their Foundation fund.  Clients get the advantage of good counsel regarding local needs and community resources. They can direct funds into their own areas of interest, and make recommendations for grants to charitable agencies of their choice.

 

An advantage of the Foundation is offering the donor flexibility in the using their charitable dollars Many charitable organizations encourage planned giving, but that organization is the sole beneficiary of the gift. Partnering with the community foundation, donors can name multiple beneficiaries.

 

The Foundation staff is experienced and share a deep commitment to the well-being of the region. The goal is to make a good fit with the charitable organization to the donor’s interests as the advisor structures a charitable fund meeting the goals and financial objectives.  Many donors use their community foundation fund for charitable giving during their lifetime.

 

Below are reasons a donor appreciates the community foundation experience:

  • Giving through their community foundation is more personal. There is value to working with the Foundation staff.  Partnering with the professional advisor the Foundation staff assists the donor with developing options for charitable giving and making a plan for giving.
  • There is a real identification with the idea of “giving back”. Donors feel they are contributing more fully to the development of their community.
  • Donors can retain anonymity if they choose—a very important feature for some donors.

 

A donor’s fund can become a lasting endowment.  For many donors creating a legacy in their community by establishing an endowment is attractive particularly when the donor:

  • Feels assured of good stewardship
  • Knows there are provisions for responsible use of the funds. 
  • The principal is expertly and responsibly managed in a balanced portfolio by the donor’s professional advisor or through the Foundation’s pooled funds. Available income is used to fund projects according to a donor wishes. .
  • The Foundation’s financial position is evaluated annually by an independent audit. These safeguards ensure that contributions will be preserved and earnings will be maximized over time. 

 

As a public charity, the Community Foundation of Southeast Kansas offers the highest level of tax benefits for charitable giving. Donors may give cash, stock, closely held securities, real estate or personal property, and receive maximum tax benefits. Through planned giving that integrates philanthropy with overall financial and estate planning, advisors can ensure that their clients receive full benefit from contributions, while supporting the local community and charities of their choice.

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