Mike and I established the Denny Family Foundation fund at the Community Foundation in 2012. At the same time, we also set up the M.A.D. Foundation fund in memory of our son, Michael Austin Denny. Both of these donor advised funds make it possible to receive tax deductions for charitable giving to non-profit organizations that we choose to support.
We grew up in Abilene and are fortunate to be able to support several organizations through our two funds at the Community Foundation. Grants from the Denny Family Foundation support our church, the Church of the Heavenly Rest, Make -A- Wish Foundation, United Way of Abilene, Center for Contemporary Arts, and other organizations which we support and have served on their boards.
The M.A.D. Foundation supports non-profits related to substance abuse. One of these organizations is “Shatterproof”. It is a national organization committed to protecting loved ones from addiction to alcohol or other drugs and ending the stigma and suffering of those affected by this disease.
Looking forward to the future, Mike and I hope that we will be able to continue giving to these funds. As they grow, our family will be able to give more to hopefully help and encourage others in need. A favorite verse of mine is, “From everyone who has been given much, much will be demanded; and from the one who has been entrusted with much, much more will be asked.“ — Luke 12:48
Many donor advised fund holders use Community Connection, a publication that the Foundation provides each discretionary grant cycle that gives a brief description of grants submitted and allows donors the opportunity to participate in grantmaking. In 2015, over $116,000 was contributed through Community Connection by donor advisors.