Jody and Chuck Dow, a young professional couple with a winsome blue-eyed one-year-old son, will celebrate their third wedding anniversary in September. Their mutual passion for community philanthropy not only brought them together in 2017, it inspired the couple to leave a financial legacy for nonprofits they love.
“We are both very deeply connected to the organizations we work and serve at, and there are other nonprofits we feel passionate about as well,” says Jody Dow, executive director of the Springfield Dream Center, a community services hub founded by North Point Church in Springfield’s Woodland Heights neighborhood.
“Even if we’re not here,” adds Chuck, a financial advisor and managing director at Synergy Wealth Solutions, “we want our legacy to be able to continue to support those causes.”
After marrying, they discussed how to ensure their story of giving back would continue after they’re gone. They knew it was time to act once they were expecting their son, Jude. With attorney Danielle Kincaid of The Elder Law Group, the Dows updated their estate to take care of Jude and other family members. In addition, they directed a portion of their revocable living trust to go into the Dow Family Fund, a designated fund they established with the Community Foundation of the Ozarks. One day it will provide perpetual support to three nonprofits: the Springfield Dream Center, Borrow My Angel and North Point Church.
The main benefit to establishing a fund through the CFO, Kincaid says, is flexibility. As people age, their passion for charities might change or grow. “They will only have to go to the CFO — to notify the CFO — that they want changes in their charities,” Kincaid says, “instead of coming to me and having to do an amendment to the trust.”
History of philanthropy
That the Dows want to extend philanthropy beyond their own lives is no surprise. Each has a history of helping others. In fact, Jody has wanted to serve and give people hope since hearing from missionaries as a child. “I just remember I was 11 and telling my mom that I really wanted to do that for the United States,” recalls Jody, who grew up in Harrisonville near Kansas City. “I want people around me to know there’s hope and they can still have big dreams.”
While attending Missouri State University, Jody began volunteering at North Point in student ministry and was hired near the end of her senior year. After shifting to a position in community outreach, she discussed with the church pastor how to implement the Good Samaritan story in which the Samaritan extends more help and hope. That’s the model for the Springfield Dream Center, which opened in March 2017. “It’s been incredible work,” Jody says. “All around, we’re seeing real stability in families that, when we first met them, came to us lacking a dream, a vision for their life.”