Finding the best fund for you

At the Christian Community Foundation, we have many ways for you to easily invest in the community. While traditional donor-advised funds are the most popular option, there are several options that might better suit your unique giving desires. When you’re planning to start a new fund, our team can help you identify the fund-type that is best for you. Here are the two most popular options you can pursue through CCF:

Legacy Fund

A legacy fund through the Christian Community Foundation ensures that your charitable donations live on. Upon your death, your legacy fund will continue to make charitable donations on your behalf to the nonprofit organization(s) of your choice. This fund creates more than a lifetime worth of support – it creates a charitable legacy for your family, friends and loved ones to continue in your honor. If your account is designated as a donor-advised fund – don’t worry. The parameters you outlined at the onset of your relationship with CCF will apply in the event you should pass. If you’d like to update or revise plans related to your DAF, reach out to CCF. 

Scholarship Fund

Investing charitable dollars into education is one of the greatest gifts you can leave to future generations. Many of our donors choose to develop a scholarship fund at the university, college or school of their choice. We can connect our donors to the appropriate school department to manage the scholarship development process directly with the university. If you choose to pursue this arrangement, you can make scholarship contributions directly out of your existing donor-advised fund account. However, you can also create a dedicated scholarship fund through the Christian Community Foundation if that is your wish. Contact our team to learn more about this account type. 

While these are excellent options, there are many more funds to consider when you’re seeking to start your philanthropic journey. The Christian Community Foundation makes it easy for you to answer God’s call to give. If you have any questions about which fund is best for you or how you can get started, please contact us at (901) 682-6201.

 

How can you help others give?

When you do good for others, it makes you feel good! When we feel good about something, we like to share it with those around us. Leading others to do good will not only make us feel good but will help others feel good too. How can you help others start on their path to giving?

Spread God’s word.
God’s word commands us to give back to our communities and to help those less fortunate than ourselves. Through monetary donations or by giving our time, we are answering God’s calling.

“Give, and it will be given to you. A good measure, pressed down, shaken together and running over, will be poured into your lap. For with the measure you use, it will be measured to you.” -Luke 6:38

Placing Christ at the center of your giving will not only help you remember the reason why you give back, but it will remind others of their calling to give. At the Christian Community Foundation, we believe in Biblical Stewardship, and honor families and individuals who choose to invest the gifts they’ve been entrusted through CCF.

Discuss the benefits of a donor-advised fund.
Sharing the benefits of donor-advised funds can change the way your friends and family think about giving. Donor-advised funds make giving easy, budget friendly, flexible and effective. They allow you the autonomy to support a nonprofit with regular monthly donations, meet an immediate need of an organization or grow your funds while you wait for an opportunity to give. You can also donate assets including cash, stocks, bonds or even real estate. The flexibility at CCF allows everyone to make an impact hassle free. Share the personal advantages you’ve had by using a donor-advised fund and help those around you do good.

Show others how giving has impacted you.
Kindness is contagious. People often model the attitudes and actions of those around them. When you share the impact you’re making on the community, the more likely those around you are to do the same. Talk about your favorite nonprofit and how it gave you a better sense of self and community. Spread kindness, and soon others will do the same!

Share Christian Community Foundation’s posts on social media.
You can find Christian Community Foundation’s pages on Facebook and Twitter. Stay up to date with CCF and share our latest updates!

There are many ways to help others give! CCF is here to help everyone start their personal journey to giving. If you need more resources or have questions about CCF, contact us at (901) 682-6201.

End-of-year giving – stop what you’re doing and plan ahead!

As the year-end approaches, gift giving is often at the forefront of everyone’s minds. Time and money is spent shopping for the perfect Christmas gifts for friends, family and loved ones. If you’re like many of us, mixed in with the holiday shopping deals are requests for support and donations from nonprofit partners in the community. End-of-year giving requests are an important piece of the nonprofit giving cycle as nonprofits hope to capitalize on last-minute efforts by donors to alleviate tax burdens. But strategic givers know that giving doesn’t have to happen at the end of the year – in fact, with a donor-advised fund, you can plan your giving strategically so end-of-year requests don’t have to break the bank.

So, why should a donor-advised fund be the answer to your end-of-year giving needs?

You can more easily field unexpected requests.
All of our resources are limited, and we know that money can be tight at the end of the year. While you may want to donate to a number of organizations, you might have already exceeded the amount you can donate for the year. A donor-advised fund allows you to earmark and budget funds specifically for philanthropy. This way, when end-of-year requests pour in, you have a pool of money in your fund that you can donate without impacting your cash flow. This gives you the freedom to plan and give more easily!

For tax purposes, you receive a tax benefit in the year you contribute to your donor-advised fund.
If you’re giving at the end of the year in a mad rush to alleviate your tax burdens – stop! Meet with a trusted financial advisor earlier in the year and create a giving plan that includes a donor-advised fund. You’ll receive a tax credit in the year that you contribute to your fund, and you won’t have to rush to find places to donate money at year-end. Trust us – strategic giving pays off!

We are called to give – and donor-advised funds help you give more freely.
God’s Word is clear that we are intended to give what we have to those who have less. As Christians, it’s a part of our calling!

“This is how we know what love is: Jesus Christ laid down His life for us. And we ought to lay down our lives for our brothers and sisters. If anyone has material possessions and sees a brother or sister in need but has no pity on them, how can the love of God be in that person? Dear children, let us not love with words or speech but with actions and in truth.”

– 1 John 3:16-18

As we enter into the giving season, search your heart for those organizations and missions that mean the most to you and your family. Letting children become involved in the giving process is a great way to encourage family bonding and instill the importance of giving at a young age.

If you have any questions about giving back or would like to create your own donor-advised fund to begin your own giving journey, feel free to give us a call at 901-682-6201.

Where to give in Memphis?

Memphis has a heart for giving – and we also have causes worth supporting. With so many asks coming in on a daily basis, and with a number of worthy organizations tugging at our heartstrings, it can be hard to land on which organization you want to support through your Christian giving. But if you know how much you want to give in a year, then there is an easy solution – create a donor-advised fund.

Creating a donor-advised fund through the Christian Community Foundation affords you time and the opportunity to give strategically. Donor-advised funds allow you to budget, plan and execute your giving in one move without designating a nonprofit. So, when a need arises or your heart is touched, you can immediately make a grant to the nonprofit of your choice from the pool of money you’ve set aside for giving.

Donor-advised funds are a flexible, convenient way for you to donate money when you aren’t sure of where to give. With a donor-advised fund, you receive an income tax deduction in the year that a contribution was made to the account – and you no longer have to keep up with donation receipts for every nonprofit or charitable contribution you make. You also can easily make a grant request online, and we’ll write, mail and confirm donation for you. We do all the leg work! Through CCF, you can also donate assets including cash, stocks, bonds or even real estate. This flexibility allows you to contribute what you want when you want with no extra stress or inconvenience! 

In our city, the opportunities to donate seem endless. And it’s amazing that we have a nonprofit landscape so committed to tackling our community’s most challenging issues. We want to empower you to use the gifts you’ve been entrusted with to impact the community. You can do this most effectively with a donor-advised fund.

We know that the giving process can be overwhelming at times, which is why we are here to help every step of the way. If you need assistance in setting up a donor-advised fund or with any donating needs, feel free to contact us at (901) 682-6201.

How to cultivate a giving spirit when donations are auto-drafted

In this digitally run world where donations are often auto-drafted, it can be hard to remember why you started donating in the first place. With almost 54% of donors giving online, forming real-life relationships with the organizations you support can be more difficult. At times, it can feel as if the giving spirit is lost in the transaction. With a few small reminders, and by trying some new things, you can cultivate a giving spirit, even if your actual donation requires little action on your part.

Volunteer with organizations you support financially
Most nonprofits need volunteers year-round. Volunteering can help you see and feel what your donation does. Getting some up-close-and-personal experience with your chosen organization could highlight the reason why you give and why your continued support is important. This experience can also be extremely meaningful to people in need. Physically serving people you support financially can create a personal bond that cannot be put into words or felt online – it’s a wholesome experience that is sure to rekindle your giving spirit.

Discuss results and impact with the organization’s director of donor relations
Directors of donor relations are equipped to support you in your giving journey. When contacting the organization’s point person, ask how your donations are affecting the cause. Was something done as a direct result of your donation? Were all of the needed materials provided for that health event? All of these questions can be answered when you contact the director. You can learn how your donation helped change someone’s life. When you see a plan come through and impact lives, the spirit of giving can be fulfilled, even if you don’t get to see the behind-the-scenes footage.

Meet up with other donors
Meeting up with those who are giving to the same cause is sure to bring excitement about the common good. When you bond with others who share your passion for helping a community, it creates a sense of commonality and affirms that others see the nonprofit’s work as valuable, too. These gatherings could also bring about other ways you could help the cause that you care for – like volunteering, hosting an event, visiting those in need and more.

There are multiple ways to revitalize the giving spirit for auto-drafted donors! If you just can’t grasp that feeling, contact us and we’d love to help you find meaningful ways to connect with your giving.

What does generational giving look like?

When you take a look at the breakdown of givers, the numbers tell an interesting story. Baby Boomers make up 43% of givers, while Generation X makes up 20% and Millennials 11%. It seems clear that age correlates with generosity, and younger givers appear to be behind. Undoubtedly, younger individuals and families have more expenses – from student loan debt to child care – and are also less established in their careers. Baby Boomers and Gen Xers are likely past most of these expenses, leaving them with more disposable income to give.

While it’s easy to attribute the generational drop-offs to age (and some can surely be attributed to age) there are additional factors, like lack of education on the matter. Younger generations may also be giving in other ways, such as giving their time to causes. No matter the reasoning, the best way to learn about giving is through demonstration. At Christian Community Foundation, our family of givers is comprised of people spanning a wide range of ages. And, we believe that giving isn’t about the amount of money you can contribute, it’s about establishing a practice of generosity. What we can say firmly is this – giving is a learned behavior, and our youngest givers do so because they learned the behavior from people they love.

As a foundation centered on helping others find ways to donate to causes they care about, we aim to provide all routes necessary to help you help others. These efforts are made to aid organizations right in our own backyard. And what better way to help following generations learn about helping our community than through the help of family? We want to bring that spark of helping others back to life – and strategic giving starts with education.

That’s why we’ve created the NexGen Fund. This donor-advised fund was created to start conversations on giving in your family. With the help of more established generations, younger people can learn the values of giving at any age. While most funds require a minimum investment to be established (which is intimidating to some younger donors), NexGen has no such requirement. You or a family member can create a fund in another’s name, and upon access to their own funds, the mentee can continue to give and distribute. Creating a trickle-down effect can help improve your family’s knowledge on giving to those in need. This is a plan of action waiting for family members following in your footsteps.

Creating this type of fund allows future generations to distribute it to organizations in need. Why is this important? Because at the center of Christian faith, giving is the ministry of God at work. We are called to keep hope alive, and we can’t do it without you!

Stephanie Jones joins Christian Community Foundation as director of donor relations

Christian Community Foundation is excited to welcome Stephanie Jones as the new director of donor relations! With more than 20 years of experience in budgeting, financial analysis and accounting, she makes a wonderful addition to our team.

Stephanie received a Bachelor of Science in accounting from the University of Memphis. After serving as a Principal Analyst, Controller, and Accounting Manager for multiple organizations, Stephanie began praying for a career change. She couldn’t put a finger on it but, she had a feeling that she was being called elsewhere. Her commitment to healthy living led her to frequent the gym during her lunch break, where she met CCF’s president, Rex Jones. Fast forward three years later, Rex called with a proposition – for her to join CCF.

As director of donor relations, she is most excited about the overall vision of the organization. “Since stepping into this role, I’ve seen Christian Community Foundation impact lives for the good of the Kingdom,” Stephanie said. Her goal is to educate people about what it means to be a Kingdom giver in a way that is authentic and transparent.

In her free time, Stephanie enjoys spending time with her high school sweetheart and husband of 21 years, Malvin, and their three daughters Autumn, Ashley and Sequoia. She also enjoys exercising, reading, sewing and traveling.

We’re blessed to add Stephanie to our family and army of givers!

How do I give money in someone’s name?

Have you ever searched for the perfect gift – one that keeps on giving long after the wrapping paper and gift bags have been discarded? Giving a gift in someone’s name is an amazing way to pay tribute to someone you love, and is a special way to give a gift that is more impactful than any physical item could ever be. A donor-advised fund through Christian Community Foundation is a prime example. A donor-advised fund is an amazing gift opportunity that will reap benefits for years to come.

Giving money in someone’s name is a simple process. Our funds are fully customizable, regarding how you would like to name them. A fund can be created in honor of a loved one, as a gift to a friend, as an example of charity for your children, or for any other purpose you see fit.

You might be asking, “Is giving money in someone’s name actually a good gift?” We believe so. When you create a donor-advised fund for someone, you’re not just making a donation in someone’s name. You’re empowering someone to dole out funds to an organization that’s close to his or her heart. It’s more than writing a check, it’s supplying the opportunity to practice generosity.

A charitable act of this magnitude will cause a positive rippling effect throughout the community, far beyond the person you choose to name the fund after. One of our primary goals at the Christian Community Foundation is to help guide our donors in the right direction, so they can be a blessing in our community.

So, if you ever notice yourself struggling to find a way to properly pay your respects to a special person in your life, consider creating a donor-advised fund in their name! Romans 12:10 states, “Be devoted to one another in love. Honor one another above yourselves.” There aren’t many better ways to abide by this word of Christ than by using a worthy individual’s name as a vessel to bless others!

 

Do donations through CCF make a difference in Memphis?

Local nonprofit organizations are a driving force in improving the quality of life within our community. It is our duty as citizens to support these organizations, as they are bettering the very place we call home.

Nonprofit organizations assist other businesses in the community to drive economic development, provide greater access to the arts, amplify cultural awareness, ensure citizens receive a quality education, confront our city’s greatest health care challenges, and foster spiritual growth and revival for people in need — they virtually lend a hand to every sector of the community.

Nonprofits act as the arms and legs to our community’s boldest dreams – they turn the belief that our city can be a better place for everyone into action. Supporting local organizations provides us the opportunity to see our communities turn into the place we’ve always envisioned it to be. Last year, our donors gave more than $40 million in grants to local nonprofits through their donor-advised funds. These donations undoubtedly allowed nonprofits to expand their operations and make a bigger impact on their clients and community.

Even if our donors choose to give to worthy nonprofits around the globe (that also need our support), they’re still inadvertently supporting local nonprofits through our Hope for Memphis Fund! The Hope for Memphis Fund is a grant program sponsored by CCF that pours money directly into Christian nonprofits in the Greater Memphis Area.

To support our organization’s operations, CCF charges a small administration fee on each donor-advised fund we manage. These fees cover our operational costs, which we responsibly manage. At the end of each fiscal year, we determine what our surplus funds are, and all of those funds are made available to nonprofits through the Hope For Memphis Fund grant process. The surplus funds have grown year over year, exponentially expanding the impact we can make through Hope for Memphis Fund grants.

The Hope for Memphis Fund is dear to CCF, as it’s a simple way to live our mission. These grants serve as the arms and legs of our efforts to transform our city.

Help us continue to keep the hope alive on this journey to advance our community! Together, we can support development in the city of Memphis and its surrounding areas. Mother Teresa once said, “I alone cannot change the world, but I can cast a stone across the waters to create many ripples.” So, let’s do our part to turn the ripples into waves by supporting local nonprofits with CCF!

Do I have to be wealthy to give?

What is generosity? Societally, generosity typically is associated with giving away money or objects. In a culture centered around wealth and success, how do you adopt a generous mentality without connecting it to the amount you can give financially?

There are common misconceptions about generosity – the largest is that generosity is defined by monetary value. We tend to measure our generosity by how much money we are able to give and miss other ways to give by doing so. You don’t have to donate a large sum to be considered a generous person. The true power of generosity radiates from the ability to let go of what we value and give back to others.

When you put generosity into practice, the impact you have on the recipient is unparalleled. Generosity toward others encourages generosity from others, and this effect builds over time. You can exercise generosity by taking small steps instead of a great leap, and that’s OK. Try putting aside $10 every month, then at the end of the year, you’ll have $120 to donate to an organization!

You may be wondering, what about future generations? How do you instill the value of generosity in your children, grandchildren or great-grandchildren? Here’s where the NexGen Fund comes in. If you already have a donor-advised fund through Christian Community Foundation, you can create a NexGen fund with no minimum donation requirement. It includes solutions for a wide-range of customizable strategies and can be created in the name of someone to encourage charitable giving for the next generation.

Even still, giving a monetary donation, no matter the size, can be challenging. Even if you can’t write a check, there are numerous ways to increase giving and encourage philanthropic efforts. Instead of giving money, think about giving your time or your skills. Join a board or seek volunteer opportunities at churches, hospitals or other local organizations within the city. Generosity knows no bounds.

Are you inspired to give but not sure where to begin? Contact us to start your journey at 901-682-6201!