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Passing on Charitable Values to the Next Generation
Mike and Karen Herman taught their children at a young age about the importance of helping others. Their approach was to lead by example, much like Mike's mentor at Marion Labs, Ewing Kauffman. Mike and Karen began talking with the Greater Kansas City Community Foundation in 1985 about establishing the Herman Family Foundation Fund.
"I remember one day my corporate salary was published in the paper," Mike said. "Our 12-year-old came home and said, 'Dad! Are we millionaires?!' She wasn't aware of any wealth because we give our money to the community. We want to create our heaven on earth."
Over the years, in addition to giving financially, the Hermans have given their time and talent. Most notably, Mike served as president of the Ewing Marion Kauffman Foundation and Karen served as president of the Women's Foundation.
The Herman children enjoy volunteering and approach each donation as an investment. "Our children embrace that some of their inheritance will go to charity," Karen said. "And we're proud to see them give to the causes they care about."
Our Community Comes Full Circle
In 1983, a grant from the Hall Family Foundation helped establish the Hispanic Development Fund to build an endowment for programs that foster expression of Hispanic culture and improve the quality of life for Hispanic families in Greater Kansas City.
One year later, the Hispanic Development Fund created a scholarship fund for students of Hispanic descent who are pursuing a college education. Since its inception, the fund has awarded more than 4,000 scholarships, totaling more than $3 million.
"The Hispanic Development Fund's Scholarship Program continues to be one of the few local scholarship programs in the country that consistently award more than 80 scholarships each year," said Ramon Murguia, Hispanic Development Fund Board Chair. "We are proud that our scholarship fund has contributed to the success of many, and we plan to continue investing in our community’s future by providing support for education."
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.
A Legacy of Listening and Building Together
"Do justice; love mercy; and walk humbly with your God," Beth Smith learned as a child. Both parents and grandparents (Lithuanian immigrants) were observant adherents to Judaism. "I wasn't born with a silver spoon but a community spoon in my mouth," Beth mused.
Ed Smith, one of the Greater Kansas City Community Foundation's seven founders, and his wife, Beth, were for many years one of Kansas City's dynamic duos. Beth was influenced by the bright and charismatic Marjorie Powell Allen, also a founder of the Community Foundation. They worked together to establish the Central Exchange, an interracial and intergenerational venue where women "could pick up the check." And in 1979, Ed and Beth established the Edward A. and Beth K. Smith Philanthropic Fund.
During her lifetime, Beth considered her forte to be "drawing strength and wisdom from others; listening and building together." And that is the spirit of the Women's Employment Network Fund — also housed at the Community Foundation — one of the many legacies Beth has given to Kansas City.
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