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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."

Lessons From A Love Story

Pete Levi's father, Kurt Levi, fled to America from Germany during Adolf Hitler's reign, leaving behind his sweetheart, Ruth, who would become his wife — and Pete's mother. Years later, sorting through his parents' belongings, Pete stumbled across dozens of beautifully composed letters, handwritten in German, from his father to his mother during the time they were apart.

Pete hired an expert to translate the letters. With each translation, Pete recognized that he had an historical treasure on his hands. Each letter offered a snapshot into daily life during a pivotal time in history, all wrapped up in a love story.

Pete established the Levi Family Foundation for the Study of Holocaust Archives Fund at the Greater Kansas City Community Foundation. Now others can experience history through the heartwarming correspondence between his parents all those years ago.

And to think that in 1995 the letters were sitting in a closet in Kurt's Plaza apartment in an old tattered box—the same box they had been in since 1938!

Scholarships for Urban Youth

The Kansas City Securities Association, an organization of more than 40 investment professionals in the Kansas City area, established the KCSA Education Endowment Fund in 1986 to provide financial support for tuition, special projects, needs or emergency assistance to students.

KCSA has awarded more than 200 college scholarships totaling an estimated $1.3 million to members of Kansas City's Marching Cobras, student athletes selected by the Negro Leagues Baseball Museum, student athletes at the University of Missouri-Kansas City, and members of the Boys and Girls Clubs of Greater Kansas City.

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.

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