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Creating a Legacy - The Evolution of a Field of Interest Fund

on May 2, 2022 in General by Truman Heartland Community Foundation

If you have a passion for a cause, a Field of Interest Fund may be a good choice for your investments, regardless of how narrow or broad. As the name implies, this type of Fund allows you to choose an area that interests you without tying your giving to a specific organization.

If you have a passion for a cause, a Field of Interest Fund may be a good choice for your investments, regardless of how narrow or broad. As the name implies, this type of Fund allows you to choose an area that interests you without tying your giving to a specific organization. Maybe you are passionate about local arts, racial equity and inclusion work, or pre-K education--a Field of Interest Funds allows your grantmaking to evolve with the changing needs of that field of interest.

For instance, let us say that the Covid-19 pandemic prompted a generous donor to set up a Field of Interest Fund to give to causes that promote Covid vaccinations. And let's now pretend that everyone gets vaccinated in time (hopefully soon), and the condition is wholly eradicated once and for all. The Field of Interest Fund would evolve within the area of interest, public health and vaccinations in this scenario. Over time the Fund could evolve to address other needs, possibly shifting to nonprofits that promote vaccinations to combat childhood diseases or organizations that address the need for vaccinations worldwide.

THCF fund holders know that the diligence of THCF's Grants Committee ensures only the top nonprofits in the specific field of interest receive grant funding, thus preserving their legacy over time. And it is that level of donor trust and confidence and the personalized service and attention they receive that sets THCF apart.

A field of interest fund can ensure that your legacy gift benefits your favorite cause in an ever-changing world. Call us or visit our website for more information about the benefits of establishing your Field of Interest Fund at THCF.