Donor Advised Funds

Donor Advised Funds (DAF) allow the donor to recommend eligible charitable recipients for grants from the fund. (The Foundation’s board has final approval of the recommendations.)

Donor Advised Funds are one of the most flexible funds the Foundation offers because a DAF allows a donor to consolidate all tax deductible assets and charitable giving into one vehicle that is invested by the Foundation for growth. DAFs can be established by individuals, families, companies or the rollover from a private foundation.

Donor Advised Fund Guidelines

The Derril and Marvel Castor Fund
Dolores Y. & Robert L. Earnest Fund
Patrick R. & Elaine M. Hilger HOPE Fund
The Michael S. and Nancy G. Holland Fund
Michael S. Holland Fund for Russell Regional Hospital
The Max Horn Family Fund
The Leon and Christina Huxman Fund
The Murphy Family Donor-Advised Fund
The Myers Family Memorial Fund
The Edwin W. Olson Family Fund
Henry and Marjorie L. Pohlman Fund
Rotary Club of Russell Fund
The Jay and Micki Sweeney Donor-Advised Fund
The Fred and Joan Weigel Fund
The Wallace N. Weber, MD Fund

 

*These funds are temporary/non-endowed funds.

Legacy of Giving

Charles Stevens created a donor advised fund through his estate that allows his family to continue his legacy of giving.

Among other things, the Stevens fund provided the grant that purchased a new helicopter for the aviation program at Kansas State University at Salina.