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Give Smart: Growing Your Donor Advised Fund

on February 3, 2020 in General by Truman Heartland Community Foundation

Having a Donor Advised Fund helps you become more organized and strategic with your giving. In addition to receiving tax benefits while your investment grows, a Donor Advised Fund at Truman Heartland Community Foundation allows you to better support the charities and causes that you care about.

As your philanthropic interests grow, there are a number of ways you can increase your Donor Advised Fund to enhance your giving plan and build a lasting legacy.

Donations of Appreciated Assets
Donating appreciated stock is one of the most tax-smart ways to give. By donating appreciated stocks directly to your Donor Advised Fund you can maximize your charitable giving dollars while avoiding capital gains taxes.

Employer Matching Gifts
Since Truman Heartland is a 501(c)(3) nonprofit organization, your Donor Advised Fund contributions may be eligible for a matching gift from your employer. Please see you company representative for details.

Bunch Your Giving with a Donor Advised Fund
With the current standard deduction, many people are using a Donor Advised Fund and charitable bunching to make the most of their giving. With charitable bunching, you put two- or three-years’ worth of charitable contributions into your Donor Advised Fund. This allows you to exceed the standard deduction and provides additional tax savings. Then in the following years, you take the standard deduction and continue to support your favorite charities by making grants from your Donor Advised Fund.

Interested in Starting a Donor Advised Fund?

Download our Donor Advised Fund Guide and discuss these 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 a Donor Advised Fund at Truman Heartland.