January is a natural time to reflect, reset, and make thoughtful plans for the year ahead. Many of us set goals around finances, family, and giving back. If charitable giving is part of your vision for the new year—but you’re looking for a more strategic, flexible way to make an impact—a Donor-Advised Fund (DAF) may be worth exploring.

At Truman Heartland Community Foundation, DAFs are one of the most popular tools our donors use to give generously, efficiently, and intentionally. If you’ve ever wondered what a DAF is or whether it might fit your goals, here’s a helpful place to start.

What Is a Donor-Advised Fund?

A Donor-Advised Fund is a charitable giving account you establish with Truman Heartland Community Foundation. You make a contribution to your fund, receive the charitable tax deduction in the year you give, and then recommend grants to the nonprofits you care about—on your timeline.

Why More Donors Are Choosing DAFs

1. Immediate Tax Benefits
You receive a charitable tax deduction when you contribute to your fund—even if you plan to distribute grants over time.

2. Simplicity and Organization
Instead of writing multiple checks to different nonprofits, you make one contribution to your DAF and then recommend grants from one place.

3. Flexible Grantmaking
Support causes you care about now, later, or over many years.

4. Smart Asset Giving
DAFs allow you to give appreciated stock or other non-cash assets.

5. A Lasting Family Legacy
Many donors use their DAF to involve children or grandchildren in giving decisions.

How a DAF Helps You “Give Smart”

A DAF isn’t just about convenience—it’s about making your generosity go further.

Is a DAF Right for You?
 

A Donor-Advised Fund may be a great fit if you want to be more intentional about your charitable giving and align your financial planning with your values.

Let’s Start the Conversation
Contact: Cole Eason, Vice President of Advancement
Eason@thcf.org | 816-912-4182