Creating a charitable fund is one of the most effective ways individuals and families can build a lasting approach to giving. At The Dallas Foundation, fundholders often find that establishing a fund not only streamlines their philanthropy but also connects them to a deeper sense of purpose and community. Gary Garcia, Vice President of Philanthropic Partnerships, shares how a community foundation can help fundholders build a thoughtful, impactful, and enduring charitable strategy and explains the advantages of creating a charitable fund with a trusted partner.
What makes creating a charitable fund at a community foundation different from other giving options?
A charitable fund through a community foundation offers fundholders something they rarely find elsewhere: a true partner in their giving. Instead of navigating decisions on their own, fundholders receive tailored guidance grounded in a long-term relationship. We begin by understanding what drives their generosity — the values they hold, the issues they care about, and the type of legacy they hope to build.
From there, we help structure a fund that aligns with those goals, whether that includes establishing a flexible donor-advised fund, creating long-term support for a specific cause, or engaging multiple generations in family philanthropy. This transforms giving from a series of isolated actions into a thoughtful, ongoing practice.
How does The Dallas Foundation help fundholders navigate their philanthropic goals?
The Foundation brings decades of experience and a deep understanding of Dallas’ nonprofit ecosystem. Fundholders benefit from insights into emerging community needs, trusted nonprofit partners, and opportunities to create meaningful, strategic impact. Our team provides research, due diligence, and expert guidance to help fundholders identify organizations and initiatives that align with their values.
We also deliver ongoing stewardship — from regular reporting and transparent fund oversight to strategic conversations as goals evolve. Because we manage the fund over time, fundholders always have a knowledgeable partner to help them refine their approach and stay connected to the issues they care about most.
What inspires fundholders to choose this model of giving?
Many fundholders gravitate toward this model because it offers deeper purpose, greater connection, and long-term sustainability. A charitable fund creates opportunities not only to support important causes but also to engage with community leaders, nonprofit partners, and fellow fundholders who share a commitment to strengthening Dallas. This sense of belonging and shared purpose enhances the impact of every grant.
Fundholders also value the stability and trust that come with partnering with a community foundation. They know their charitable intentions will be honored and stewarded with care — now and in the future. For many, the advantages of creating a charitable fund in this way include building a legacy, involving family members in their giving, and ensuring their commitment to Dallas endures for generations.