Creating a Legacy

Building a Lasting Legacy: The Power of Establishing an Endowed Fund

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February 05, 2025

When you think about the impact you want to make in your community, do you envision something that lasts just for today—or something that will continue to make a difference for generations to come?

At Truman Heartland Community Foundation (THCF), we help generous individuals, families, and businesses turn their passion for giving into a lasting legacy through endowed funds. By establishing an endowed fund, you create a permanent charitable resource that grows over time and provides ongoing support to the causes that matter most to you.

Best of all, we make the process simple, meaningful, and deeply personal. You can choose a Field of Interest Fund—allowing your endowment to always serve a specific cause or area of interest that aligns with your values. Whether you care about education, health, the arts, animal welfare, or community betterment, an endowed fund ensures that your generosity will continue to make an impact for generations to come.

What is an Endowed Fund?

An endowed fund is a permanent charitable fund where the principal gift is invested and grows over time. Instead of being spent all at once, the fund generates income that is used annually to award grants to nonprofits working in your chosen area of interest.

This means that while your initial gift remains untouched, it keeps giving year after year—providing sustainable funding for the causes you care about long into the future.

Why Choose an Endowed Fund?

1️⃣ Create a Lasting Legacy – Your philanthropy doesn’t end with a single donation. Instead, it grows and continues to support the community for generations.

2️⃣ Simplicity & Convenience – We handle all administrative work, from investment management to grant distribution, ensuring that your giving is both effective and effortless.

3️⃣ Strategic & Impactful Giving – By creating a Field of Interest Fund, your generosity will always be directed toward causes that align with your passions.

4️⃣ Tax Benefits – Contributions to an endowed fund are tax-deductible, and we can work with your financial advisor to help maximize your charitable giving strategy.

5️⃣ Engage Future Generations – Many donors establish endowed funds as a way to involve their children and grandchildren in philanthropy, creating a family legacy of giving.

Field of Interest Funds: Supporting What Matters Most to You

When you create an endowed fund with Truman Heartland Community Foundation, you can choose a Field of Interest Fund, ensuring that your support is always directed to causes you care about most.

Here are some examples of the types of Field of Interest Funds available:

📌 Truman Heartland Sustainability Fund – Supports THCF’s initiatives, including youth leadership programs, affordable housing efforts, and community development.

🐾 Animal Welfare – Provides grants to organizations focused on animal rescue, shelter support, and humane education.

🎭 Arts and Humanities – Funds initiatives that support the arts, music, theater, and cultural programs.

🏡 Community Betterment – Supports economic development, local events, strategic planning, and community initiatives that strengthen the region.

📍 Community-Focused Giving – Targets support to a specific geographic area, allowing for a flexible response to emerging local needs.

🎓 Education – Enhances educational opportunities for students, schools, and lifelong learning initiatives.

❤️ Health & Human Services – Provides funding for mental health, food assistance, disability services, senior care, emergency relief, and more.

How It Works: Establishing an Endowed Fund with THCF

Setting up an endowed fund with Truman Heartland Community Foundation is simple and customized to fit your philanthropic vision. Here’s how it works:

✅ Choose Your Focus – Select a Field of Interest Fund or discuss your personal giving goals with our team to customize your fund’s purpose.

✅ Make a Gift – Establish your fund with an initial tax-deductible donation. You can contribute cash, stock, real estate, or other assets.

✅ Grow Your Impact – Your gift is invested wisely, generating sustainable funding for annual grant distributions.

✅ See the Results – Each year, your fund supports causes within your chosen area, leaving an enduring impact on your community.

Your Legacy. Your Impact. Your Community.

An endowed fund isn’t just about charitable giving—it’s about creating something bigger than yourself. It’s about ensuring that your generosity continues to make a difference—year after year, generation after generation.

When you establish an endowed fund with Truman Heartland Community Foundation, you’re not just donating—you’re investing in the future. You’re creating a fund that will forever serve the causes closest to your heart.