A Look at Donor-Supported Grantmaking in FY19
Donor-supported grantmaking is perhaps the best illustration of the CFO’s slogan, “Connecting passion to purpose.” This support of wide-ranging causes and organizations represents the philanthropic interests of the individuals, families and agencies that have established 835 donor-advised and designated funds with the CFO through the end of the 2019 fiscal year. To put that generosity in perspective, here is an overview of the grants made from donor-advised and designated funds in FY19. These two types of funds represent more than half of the total $17.8 million in grants made from all Foundation funds in FY19.
91
Number of new donor-advised and designated funds established in FY19
$10,854,428.92
Total of grants made from donor-advised and designated funds in FY19
3,332
Number of grants made from donor-advised and designated funds in FY19
$3,258
Average amount of grant made from donor-advised and designated funds in FY19
85.8%
Nearly 86 percent of grant dollars from donor-advised and designated funds remained in Missouri in FY19 — overall, more than 94 percent of CFO grant dollars stay in Missouri
Terry and Mary Kay Meek with their sons, Mike and Charlie, in 2019.
First Donor-Advised Fund
The Terry O. and Mary Kay Meek Fund
Established Oct. 20, 1989
First Designated Fund
Harry Cooper Memorial Fund #2
Established June 9, 1975
Top 10 largest grants made from donor-advised and designated funds held at the CFO in FY19:
- City of Springfield/Cooper Tennis Complex — $350,000
- Foster Adopt Connect — $300,000
- Crosslines of Monett — $300,000
- The Rabbit Hole — $250,000
- Gordon College — $200,000
- American Cancer Society — $130,929
- Children’s Miracle Network — $100,000
- Silver Dollar City Foundation — $90,000
- Friends of Hidden Waters Inc. — $75,000
- Silver Dollar City Foundation — $70,000
Areas of Interest
Type of grant recipient organization in FY19, by dollar amount
Top 10 Affiliate Foundations by number of donor-advised and designated funds as of FY19:
- Carthage Community Foundation — 35
- Joplin Regional Community Foundation — 26
- Truman Lake Community Foundation — 22
- Marshfield Area Community Foundation — 21
- Finley River Community Foundation — 20
- Republic Community Foundation — 20
- Community Foundation of Taney County — 19
- Bolivar Area Community Foundation — 18
- Community Foundation of the Hermann Area Inc. — 17
- Community Foundation of West Plains Inc. — 17
Originally published in the CFO’s Annual Report FY19.
