ARE SOME GOOD REASONS FOR GIVING TO THE FOUNDATION?
where a man has lived and prospered has a claim on a reasonable part
of his substance. Without sound community life, there can be little
real wealth for anyone
2. A gift
produces perpetual benefits, long after the giver is gone.
Within ten years a gift will pay out more than the original sum.
3. A gift
shows concern and responsibility. Money carelessly given can
become wasted. But a gift to the Foundation works with no time limit
4. A gift
unites people. There are no distinctions based on the amount of
the gift. All are united by a common bond of generosity and concern.
5. A gift
will yield benefits for the child of tomorrow.
6. A memorial
fund of $5,000.00 or more, given by a person or group, can
be designated to a particular objective. Several such memorial funds
are row active in the Foundation.
ARE DONATIONS TAX
Yes. Your attorney or tax advisor can help you here. The Foundation can
also refer you to a qualified advisor. Proper handling can yield maximum
WHO MANAGES THE
The Trustees and members, a group of area citizens serving without pay.
HOW DOES THE FOUNDATION
ACCOUNT TO ITS DONORS?
Through an annual report showing a balance sheet and disbursement of proceeds
for the past 1 2 months. It is printed in the Kenton Times and Ada Herald
and read over WKTN Radio.
WHAT ASSETS CAN
Contributors have established charitable funds with the following:
Securities traded on major exchanges
Closely held stock
Real estate including residences or farm land
Oil and gas leases
Variations or combinations of the above
Foundation staff will
be glad to discuss proposed gifts with you. Those that cannot readily
be converted to the financial benefit of charity or that carry unusual
potential liability may not be accepted.