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Double Play: Charitable move keeps Royals in Kansas City
Ewing Marion Kauffman loved baseball. He also was deeply committed to giving back. A carefully crafted estate plan reflected both of these passions. Ewing's gift of the Kansas City Royals baseball team created a regional benefit so compelling that it marked the first time in history that the Internal Revenue Service had approved a charitable deduction for the gift of a major league sports team. The Greater Kansas City Community Foundation, in turn, helped 32 other donors establish funds to ensure the team's stability prior to its sale.
Reflecting his passion to help others, Ewing established the Ewing Marion Kauffman Foundation in the late 1960s to advance education and entrepreneurship. In addition, the Ewing M. Kauffman Fund for Greater Kansas City and the Royals Fund were established at the Community Foundation. The Royals Fund received its last contribution in relation to the Royals succession plan in 1997.
Among Ewing's many legacies was his inspiration to other donors to think creatively about giving assets other than cash and marketable securities to their favorite charitable organizations. Whether the charitable gift is real estate, closely-held stock, or a baseball team, visionary donors and "alternative assets" are a winning combination for the community.
Strengthening Our Community, Investing In Its Future
Philanthropy was a new adventure to Helen Nelson in 1980, but she was committed to giving back to her community. Helen established a donor-advised fund at the Greater Kansas City Community Foundation to organize her philanthropy — and she loved every minute of it.
For nearly two decades Helen appreciated the expertise and research the Community Foundation provided about issues affecting Kansas City. She also enjoyed receiving updates on the impact of her grants. Helen was passionate about supporting downtown revitalization, education, accessible arts and medical research.
At her death, Helen bestowed a living legacy for Kansas City's future generations. Her generosity will live on through the Helen H. Nelson Fund, dedicated to fulfilling Helen's charitable dreams for Kansas City’s future.
Revitalizing the Heart of Kansas City
The Dickinson family's roots in the region run deep. Gary grew up on a family farm in northern Missouri and met Ann, from Hannibal, in college. Ann and Gary raised four children and pursued an active life of community involvement during their 30 years of marriage.
Gary founded Bank Midwest in the early 1970s and oversaw its impressive growth until he was tragically killed in a car accident two decades later. Ann continued Gary's legacy as chair and owner of Dickinson Financial Corporation, headquartered in Kansas City.
In 1998, Ann and her family established the Gary Dickinson Family Charitable Fund at the Greater Kansas City Community Foundation to fulfill the family's wide range of charitable priorities. The Dickinsons are especially supportive of Kansas City’s downtown revitalization, a tribute to Gary's passion for local and regional economic development.
Helping Needy Children in the Northland
In the mid-1930s, NeVada Linscomb, born to a German immigrant family, met Irven Linscomb. Irven, himself born into poverty in Texas, was working for the Chase Bag Company in Kansas City's River Market. Soon Irven and NeVada started their own company, building a successful business that thrived for many years.
It was in 1957 when Irven met Bill Zimmer and joined Zimmer Companies. "Irven was a man of integrity who took only calculated risks and yet was great fun to be with," Bill said.
After Irven died, NeVada opened the Irven E. and NeVada P. Linscomb Foundation Fund in 1988 at the Greater Kansas City Community Foundation. A year later, Bill persuaded NeVada to set up a charitable trust to ensure that her charitable passions could be realized.
NeVada passed away eight years later, and through the Community Foundation the couple's legacy lives on. The Irven E. and NeVada P. Linscomb Foundation Fund supports services for children in the Northland, including "Miles of Smiles," a mobile dental program.
Honeywell, which manages the Kansas City National Security Campus for the U.S. Department of Energy, is ramping up its efforts to support key community initiatives, including workforce devel...
Donor-advised funds serve as the perfect giving vehicle for individuals, families and companies alike who want to make a difference in their communities. At the Greater Kansas City Community...
As the end of the year approaches, if you are age 70 ½ or older with a tax-deferred individual retirement account (IRA), you may be thinking about your required minimum distribution, or RMD...