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!

 

How to be more generous

Memphis is no stranger to generosity and giving. In 2017, Business Insider named Memphis the most generous city in the United States, with citizens reportedly giving an average of 5.6 percent of their incomes to charity.

We encourage you to strive to be more generous: with your friends and family, with others, with your community, with yourself. But how?

Committing to monetary donations is an easy way to grow your generosity this year. When finding time to serve is challenging, and deciding where to give seems daunting, Christian Community Foundation is here to facilitate your desire to practice gratitude through generous giving. Creating a donor-advised fund through CCF affords you the opportunity to donate now and determine where you’d like to recommend grant disbursement later. In the meantime, we’ll grow your funds tax-free through wise investments.

If you don’t know where you’d like to give, that’s OK. The beauty of creating and contributing to a donor-advised fund is that your donation counts today as a charitable gift (a tax benefit), but doesn’t have to be distributed until you feel called to grant the funds. This process is perfect if you want to begin a new habit of giving but don’t feel called to support any one organization.

With that being said, if you’re looking for an organization to support now, we can help there as well. Our donors contribute to thousands of 501(c)(3) certified nonprofit organizations annually, each with unique and valuable missions that make our world a better place to live. At CCF, we divide them into three categories:

  • Giving for the Kingdom – giving to organizations whose mission facilitates the building of God’s kingdom.
  • Giving for Common Grace – giving to an organization whose mission provides essential services that positively impact lives and communities.
  • Giving Hope for Memphis – giving to organizations whose work is changing the landscape in Memphis.

Making the decision to give generously is challenging for many, and we recognize that giving requires sacrifice. But as a facilitator of generosity, we know that giving radically changes the lives of those who receive and those who give. We want you to experience the power of giving.

2019 is the perfect time to begin giving back to our city. Interested in learning more about what we do and how you can start giving back? Give us a call at 901-682-6201!