Marie and I (Dan) wanted to demonstrate to our children, Luke, Allie and Zach, that charitable giving is important and necessary in this region and in our world. We believe we are called to give and share our resources as a way to demonstrate a commitment to our Christian faith. There are so many great causes, and so many who are doing great works in the world; we want to support that work.
A Donor Advised Fund just makes sense financially. If a family is planning to make gifts to charities which will sum total more than $5,000 in any calendar year, why not just write one check for the entire amount and draw off of it during the year? We used to write a lot of checks to individual charities. Now, we can just request that a gift be sent from our DAF through LACF to those same charities and it’s handled for us. The DAF simplifies our charitable giving administratively.
We hope that our children will one day see the investment we made as a very normal part of their daily lives. We don’t want it to be exceptional or seen as generous in any way. We hope the idea of giving to those in need comes as naturally to them as paying their mortgages or electric bills. Charitable need will always be a part of our society; we want this fund to become a frequently used conduit through which our children, and their children, can channel support to those in need.
We want others to know that opening a Donor Advised Fund at the Luverne Area Community Foundation is easy. It makes economic sense. It generates interest dollars which can help make your charitable giving go even further. It’s a wise and efficient way to meet your charitable goals. It’s like having a savings account for giving to our favorite charitable causes.