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from President & CEO

Here's What's on Phil's Mind

THCF Updates from President & CEO

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Here's What's on Phil's Mind


Do you know what our QB Patrick Mahomes and RMDs have in common? Fall is a critical time for optimum performance. We have some charitable giving plays you should discuss with your financial advisor before the clock runs out.

On Friday, we had the honor of recognizing the seven 2019 Citizens of the Year at the Heartland Citizens’ Reception. Graciously sponsored by Centerpoint Medical Center and hosted at the beautiful home of Dr. Steven and Beth Silverstein, it was a wonderful celebration of these deserving community volunteers

The numbers are in on charitable giving in 2018 and I’m pleased to report that the sky is not falling. In January 2018, I shared my contrarian views on the impact that the 2017 tax law changes would have on charitable giving.

On June 13th, we had the pleasure of awarding more than $319,000 in scholarships at our annual Scholarship Ice Cream Social. Sponsored by Stewardship Capital, the event was an opportunity for the Community Foundation to personally recognize this year’s scholarship recipients and the donors who make these scholarships possible.

I am thrilled to share with you the four main honorees for this year’s Toast to Our Towns Gala, presented by Speaks Family Legacy Chapels. On Saturday, September 28, 2019, Tom and Carman Duvall will be recognized as our Heartland Humanitarians of the Year, GEHA as our Heartland Corporate Citizen of the Year, Drumm Farm Center for Children will receive our Heartland Service Award and George N. Koepp will receive the Dr. Paul M. Thomson Professional Advisor of the Year Award.

This is a busy time of year for students in our Youth Advisory Council (YAC). Now in its 20th year, membership has grown from just 12 students the first year to nearly 190 participants in 2019. We are forever grateful to Henri Goettel, the YAC volunteer Adult Facilitator and the “secret sauce” that makes this program a success. As we celebrate with graduating seniors and welcome new students to our “school of philanthropy,” we are honored to engage these future community leaders in the work of your Community Foundation, so they can see the value of coming together for a purpose greater than themselves and helping build community.

Has spring truly sprung? No matter the weather, it is tax season and April 15 is just around the corner. Most of you have probably already filed your taxes for 2018 and you may have found that with the new higher standard deduction you could not itemize your deductions for the first time in many years. Now is the best time to start planning for next year's taxes and a Donor Advised Fund may be the tax-advantaged planning tool you need ensure you minimize your 2019 taxes and maximize your giving.

There is a hint of spring in the air at your Community Foundation as we gear up for our annual grants cycle. Last year, we awarded more than $347,000 through 63 grants to nonprofits serving our community and a similar amount will be awarded this year.

It’s scholarship season at your Community Foundation! Students across the area have been busy applying to the more than 90 scholarships available at Truman Heartland Community Foundation. Thanks to our generous scholarship fund holders there’s more than $200,000 available for students this year. These donors are passionate about education and know the transformative impact that their financial support can have on a student’s success.

We hope you had a holiday season full of family and friends! It’s too early to get statistics on total charitable giving in 2018, however, I still stand by the prediction I made in January 2018 and believe that compared to 2017, charitable giving will be up. Here at your Community Foundation, we saw very strong contributions and had a record year with total contributions exceeding $7 million.

This holiday season, we are reflecting on the many reasons we at Truman Heartland Community Foundation have to be thankful and the ways we can help our donors make an impact on our community through their charitable giving.

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