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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.
A Century of Serving Poor and Needy Children
In the early years of the 20th century, Jacob Loose and his brother, Joseph, built the Loose-Wiles Biscuit Company, marketed as Sunshine Biscuits, into one of the nation's largest producers of cookies and crackers.
Following the deaths of their two infant children, Jacob and his wife, Ella, became passionate about supporting poor and needy children and families in Kansas City.
When Jacob passed away in 1923, his estate established the Jacob Loose Million Dollar Charity Fund Association. It was Kansas City's first $1 million foundation, and it was housed at the First National Bank. Then, the Jacob L. and Ella C. Loose Foundation Fund was established in 1989 at the Greater Kansas City Community Foundation to carry out the work of the charitable trust.
From 1920 to 1940, this foundation provided thousands of children with pasteurized milk and ice. As children's needs evolve, the Loose Foundation, with assistance from the Community Foundation, adapts the foundation's grant making strategies to best meet the intent of the original donors.
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!
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.
VML, a global marketing and advertising agency headquartered in Kansas City, established the VML Foundation at the Greater Kansas City Community Foundation in 2005. The VML Foundation recent...
Tropical Depression Florence has impacted thousands on the east coast and continues to create damage as it makes its way inland. As it creeps slowly along its path and as the land becomes in...
Giving back to your community comes in many forms. Some donate their time by volunteering, while others give charitable assets to specific causes or organizations. This summer, visitors to t...