News & Events | Give Smart: Donor Advised Funds in Times of Crisis | Truman Heartland Community Foundation
 

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Give Smart: Donor Advised Funds in Times of Crisis

As our Eastern Jackson County community navigates the challenge of the coronavirus, nonprofit organizations are facing a strong increase in demand for services, decreased revenues and increased operational expenses. These organizations need support now more than ever and people with Donor Advised Funds are uniquely positioned to help.

Though often criticized, Donor Advised Funds play a critical role during times of crisis. In the past two weeks alone, Truman Heartland Community Foundation fundholders have granted more than $350,000 to support nonprofits.

Like a charitable giving savings account, a Donor Advised Fund helps generous individuals be strategic with their giving and carefully managed, allows their investment to grow tax-free when the returns are strong, resulting in more money available to support causes when there are immediate needs like what we’re experiencing with COVID-19.

And this isn’t just a theory. According to a 2019 study, during economic downturns, while other forms of charitable giving generally drops, grantmaking through Donor Advised Funds tends to remain steady.

To help our Donor Advised Fundholders with their grantmaking, we launched a new COVID-19 section on our website to share information about nonprofit organizations who are working hard to address the growing needs and continue to serve those most at risk in our community even in the face of this challenge.

 

Learn more about Donor Advised Funds

Download our Donor Advised Fund Brochure and discuss charitable giving strategies with your professional advisor or make an appointment to meet one-on-one with Cole Eason to learn more about ways to give with Truman Heartland.



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