Friday, January 17, 2014

How Can I Continue to Support My Favorite Causes After I Die?

William Goldback supports arts & education forever.
Like many people, you likely have special charitable causes you care about and routinely support through donations to nonprofits working in key areas.

Enhancing the arts, helping unwanted animals find homes, improving the environment, supporting education, helping homeless people get back on their feet .... the list of good causes relying on your charitable gifts is endless.

Have you ever thought about what the causes you support will do when you pass away?

Your generosity doesn't have to end with your death. One way to continue helping your favorite causes forever is through your area community foundation. In North America there are more than 700 of these charitable foundations built by donors from all walks of life. Each underpin in specific geographic areas good causes and the nonprofits involved with them. With one simple charitable gift made through a bequest in your will or other estate plans, you can help your favorite causes long after you are gone.

Perhaps you could be like the donors doing good works forever through the Hampton Roads Community Foundation -- the largest grant and scholarship provider in southeastern Virginia. Here is a sampling of them:

  • William Goldback, a Norfolk businessman who loved going to concerts and plays and valued good health. He donated regularly to organizations working in these areas. Even though Bill died in 2007, today the field-of-interest fund he started at the community foundation through a bequest provides grants to nonprofits working in his areas of interest -- performing arts and  medical services, education or research that help people in Hampton Roads live healthier lives.
  • H. Lee Kanter, a Virginia Beach attorney and founder of the Farm Fresh grocery
    Lee Kanter is 'Bravoman'
    chain, put a provision in his will to start after his death two field-of-interest endowments for the performing arts. Although he passed away in 2001, his grants through the community foundation still help organizations bring music, dance and theater performances to his home region. We like to think this man, whose son nicknamed him "Bravoman" for being the first to leap to his feet after arts performances, is still leading the ovations every time a  grant goes out in his name.
  • Perry & Bunny Morgan
    will help others forever.
  • Peggy and Bunny Morgan, a Virginia Beach couple who passed away in the 1990s, live on today through unrestricted and field-of-interest funds entrusted to the Hampton Roads Community Foundation. Perry was a sharecropper's son who went to college on the G.I. bill, which changed his life and propelled him to a career as a newspaper publisher. A bequest from his estate created permanent charitable funds that reflect his interests by supporting scholarships for area college students and grants to human service and arts organizations in Hampton Roads.
All of these forward-thinking donors to the Hampton Roads Community Foundation live forever through the bequests they put in their wills to support their favorite causes. Through the power of endowment the amounts of grants going out in their names continue to increase as their funds rise in value.

To learn how you can create a permanent fund through the Hampton Roads Community Foundation click here. To learn more about this community foundation and its good works it does in southeastern Virginia on behalf of its donors click here.

Click here for a Council on Foundations map that will help you locate the community foundation nearest you.


(The Hampton Roads Community Foundation is a regional community foundation started in 1950 as the first community foundation in Virginia. It is the largest grant and scholarship provider in southeastern Virginia and manages more than 400 charitable funds created by donors from all walks of life. Over the decades it has provided more than $195 million to improve life for residents living in the Hampton Roads region of Virginia, including the cities of Chesapeake, Franklin, Norfolk, Portsmouth, Smithfield, Suffolk and Virginia Beach. It also serves people in Isle of Wight and Southampton counties and the Eastern Shore of Virginia, including Accomack and Northampton counties. Learn more at hamptonroadscf.org.)