Placing Stock in Community
Chuck and Colleen Foudree are committed to supporting their community and consider themselves honored to be able to give back to the causes close to their hearts. Through all stages of life they have seen the value and impact of charitable giving whether it’s through giving to their church, establishing scholarship funds at THCF to support their alma mater, or giving to numerous local charities through their donor advised fund. The Foudrees often contribute to their donor advised fund through gifts of appreciated stock and thus avoid capital gains tax. “THCF is an expert in accepting gifts of stock and other assets which makes it easy to contribute during our retirement.” By having a DAF funded by appreciated stock, Chuck and Colleen have charitable funds that are easily accessible to support the charities they support including Drumm Farm, Hope House, Community Services League, Rainbow Center, and Truman State University.