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A CEO Who Left His Family's Company To Follow His Heart
Tom Bloch was CEO of H&R Block, the world’s largest tax-preparation firm, and the son of the company's founder. He was making $1 million a year, but something was missing. After much soul-searching, Tom resigned to become an inner-city math school teacher in Kansas City.
Then one night, Tom was surfing the Internet and became worried about the very low youth volunteer participation rate — a concern he shared with his wife, Mary. They transformed their worry into an effort to fuel student volunteerism. Together they founded the Youth Service Alliance of Greater Kansas City.
This is just one of the many charitable passions Tom and Mary have supported through the Thomas M. and Mary S. Bloch Philanthropic Fund, established in 1981 at the Greater Kansas City Community Foundation. They enjoy helping all of their favorite charities — including universities, the arts, and their synagogue — in an organized and easy-to-manage way.
Providing a Social Education
When Darcy Howe's children were 12 and 10, she and her husband, John Black, planted a seed of giving. Hoping to give the kids perspective on the world outside of their comfortable upbringing, they set up the Katie and Andrew Fund at the Greater Kansas City Community Foundation in 2000. "The idea was to put structure around our parenting on financial issues and the kids' social education," Darcy said.
Each year Katie and Andrew review the fund's returns and get involved by going on site visits to their favorite charities. Darcy says making a financial donation is only part of the fund's benefit. "It's not just about the money. The fund has had a ripple effect in getting the kids more involved in volunteer efforts. They're discovering which causes mean the most to them, like their support of Ronald McDonald House. This philanthropic self discovery is important for their future and the future of our community."
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.
Making Kansas City Better for the Next Generation
Dick and Sue Bond want to leave a legacy to future generations. But they want that legacy to be more than just money. They want to give the gift of giving. To make their charitable dream a reality, the former president of the Kansas Senate and his wife turned to the Greater Kansas City Community Foundation.
"We started by setting up the Dick and Sue Bond Family Foundation Fund in 1999," Dick said. "And then we set up a fund for our grandchildren. This will be more valuable to them than a direct inheritance." The Bonds' idea inspired the Community Foundation to expand its offerings to future generations of charitable givers. "Children and grandchildren can learn philanthropic values at any age," said Dick.
We often think of individuals giving away time, talent and treasure. But when thinking about corporate philanthropy, we often skip time and talent and go straight to treasure. Once upon a ti...
Community Foundation donors and other advocates for early education programming gathered for Donor-to-Donor to discuss the early education landscape in the Kansas City metropolitan area. Sen...
Wealth managers, financial planners, CPAs, attorneys and other professional advisors can create lasting relationships with their clients by talking about deeper, more personal subjects, su...