Welcome to the Kansas City Research Institute
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.
Promoting Racial Equity in the Medical Field
Like many cities, Kansas City's history includes dismal struggles with racial equity. At the turn of the century, African-American patients, doctors and nurses were restricted to providing and receiving medical treatment at Kansas City's General Hospital #2, a separate facility from General Hospital #1, which served only Caucasians.
Years later, General Hospital #2 merged with General Hospital #1 to become Truman Medical Center. Until that merger, General Hospital #2's School of Nursing operated for 46 years and graduated 715 students.
A group of nurses who attended the School of Nursing established the General Hospital #2 Perpetual Trust Fund in 1990 at the Greater Kansas City Community Foundation. They share a mutual passion for providing scholarships to African-American students in Greater Kansas City who are attending accredited nursing programs.
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.
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."
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...
Many years ago, Gene Balloun and his wife Sheila became foster parents and entered the world of foster care and adoption. Gene, a lawyer by trade, often served as a wealth of knowledge about...