| Charitable Funds
A young family sows the seeds of their philanthropic legacy
David and Amy Lampe (pictured at right) want to invest in their community while they are still young. They are achieving their goal through a Donor Advised Fund at the Community Foundation. “This way, we can watch our Fund grow over time and educate our daughters about giving early on,” explains David Lampe.
The Lampes established their Donor Advised Fund as a flexible, personal, and easy tool for their charitable giving. Essentially, the Amy and David Lampe Family Fund functions like a “foundation within a foundation.” The Community Foundation takes care of the paperwork, research, and financial management, leaving Amy and David relieved of the administrative tasks associated with their charitable giving.
“We want to have the maximum impact when we give money,” says David Lampe. “It takes a lot of time and effort to research charities. With a resource like the Community Foundation for guidance, we know that we are having the right impact.”
Granting to the Columbia Springs Environmental Education Center from the Amy and David Lampe Family Fund perfectly expresses David and Amy’s philanthropic values. The Lampes describe Columbia Springs as a “jewel of a community resource.” With 100 acres of protected urban green space, it annually serves 10,000 school kids. “We want to help the Center secure appropriate funding so that it can really make the most out of this wonderful resource that we have right here in our community.”
Starting a Donor Advised Fund is easy. “Not having a lot of time, we could easily just keep putting off our charitable giving. We didn’t want to wait. Establishing a Fund is a great way to make our donations. We can budget our giving, knowing how much we have available to contribute,” says David. “We can begin to involve our kids in our choices for giving while passing on to them our values and the need to give back to their community.”