Current gifts

Mandy's income fluctuates from year to year because she has a commission-based salary. She is passionate about supporting theatre in Memphis, and wants to make sure that she can provide a consistent level of support for the organizations she values, including The Orpheum Theatre and Hattiloo Theatre. At the end of each year, Mandy – with the help of her professional advisor - assesses her income and makes a determination on the amount of her charitable contribution to her donor-advised fund. In years when her income is higher, she is able to put more money aside for her charitable giving, offsetting her smaller contributions in leaner years. By using a donor-advised fund, Mandy is able to maintain a level of giving to the organizations she cares about that is reliable, consistent, and significant.

You may also want to make a gift at your convenience and make grants to nonprofits at a later time. There are several reasons – including income fluctuations – why donors want to take advantage of the flexibility of a donor-advised fund. Whatever the reason, the Community Foundation can help you manage the timing of your gifts and grants to best serve you and the organizations you care about. Email Director of Development Caroline Kuebler or call her at (901) 722-0036 to learn more.