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Working Side by Side to Simplify a Donor's Life

Beverly Brown finds joy converting family foundation to CFT fund

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Beverly Brown is a fifth-generation native Texan with a quick smile, who grew up in Farmers Branch. As a child, she would often accompany her mom to area charities where they volunteered to help others who were homeless or hungry. Those early lessons have fueled Beverly’s heart for giving back through active volunteerism, board leadership and donor support. 

In adulthood, Beverly took on the responsibility of managing a family foundation, which was established when her father passed. Together with her husband, Matthew, a Park Cities chiropractor, she maintained a bustling household of five children while pursuing  a career in education. At the same time, she deepened  her volunteerism and grant support of multiple  North Texas and Colorado grassroots charities that  serve disadvantaged women and families, as well as educational causes.

Last year, when working alongside her estate attorney, Larry Wolfish, founder of Wolfish and Newman, P.C., and her CPA, Ronnie McClure, of SeekingNorth, LLC, Beverly expressed the desire to simplify the administrative oversight of her family foundation. With her children grown, she was looking to enjoy more time for volunteer activities and for travel with Matthew to Denver where the couple of 31 years maintains a second home.

Larry suggested that Beverly consider transitioning her private foundation to a donor-advised fund at CFT. Ronnie, Beverly’s tax advisor, echoed the recommendation as it would eliminate the reporting and administrative costs that Beverly was incurring to manage her foundation, while at the same time maintaining the grantmaking capabilities that she needed.

So, together Beverly and Ronnie met with CFT to discuss a long list of Beverly’s questions. Satisfied that she could continue her charitable gifting according to her plans, Beverly opened a donor-advised fund at CFT in 2017, which she established with the transfer of her family foundation assets. 

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To learn more about working with CFT for your charitable giving needs, contact Kathryn McGill, advisor relations officer, at kmcgill@cftexas.org or 214-750-4145.




 
Setting an Example

Setting an Example

Generational Hands-on Service from the Scripps Family


“I ENJOY BEING VERY HANDS-ON,” says Debbie Scripps. “At Children’s Medical Center, I’ve loved doing a range of things from working in the gift shop to decorating the hospital to spending time with the kids.”Debbie and Ric Scripps, CFT fund holders, understand the value of giving back to their community. As their children have grown into adults, Ric and Debbie have seen them embrace their philanthropic side as well.

Tomorrow our future will be brighter

Tomorrow our future will be brighter

Help and hope for expecting mothers


Thanks to the passion of donors like the Nicol family, this little girl was born a happy and healthy baby. The Life Shines Bright Pregnancy Program, an initiative of the Methodist Health System, provides resources for at-risk expectant mothers to help reduce the risk of preterm birth.

Her Dream Lives On

Her Dream Lives On

Pearl Anderson’s Fund from 1955 still supports the community today


When CFT began 60 years ago in 1953, it was known as the Dallas Community Chest Trust Fund. The first major gift to the Dallas Community Chest Trust Fund was in 1955 from Pearl C. Anderson. She was an African- American grocer and widow of a local physician. Her gift was a future interest to the trust in a prime piece of land in downtown Dallas valued at $325,000.