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Donor Stories
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.
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."
Leading the Way to a Charitable Lifestyle
Don Chisholm was a talented lawyer at the firm of Stinson, Mag & Fizzell, now Stinson Leonard Street. His legacy to Kansas City reaches beyond his chosen profession, and his vision will be appreciated for generations to come.
A strong supporter of charitable giving and a mentee of the legendary Arthur Mag, Don introduced his clients to the benefits of contributing their estates to the Greater Kansas City Community Foundation to support their favorite charitable causes.
One of Don’s many claims to fame was drafting documents to establish the Jacob L. and Ella C. Loose Foundation, Kansas City’s first million-dollar charity. Don served on that foundation’s board for 41 years. When the idea for a community foundation was proposed, Don was there to help it along as a founding director, and in 1984 played a key role in establishing many of the funds added during that critical year.
During his lifetime, Don helped open new doors to charitable giving. Today, many attorneys, accountants and financial advisors follow his lead, and for several years, the Don Chisholm Memorial Fund recognized special professionals in their commitment to helping clients give back.
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.
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