hopes to establish a legacy
County group is
an affiliate of Louisville chapter
Helen E. McKinney
LA GRANGE, Ky. (May 2010) Most people want
to leave behind a legacy something that will be meaningful
and make life better for others. Concerned citizens in Oldham County
have established a non-profit that will enable charitable funds to be
distributed where they are really needed.
The Oldham County Community Foundation is a way for people to
give money to any cause or campaign in the community or anywhere,
said Lambert Franklin, chairman for the newly established foundation.
The process has been a grass roots effort.
A year ago, individuals were pulled together from all over the county,
and a steering committee formed to look into the creation of a community
foundation. Franklin said people were sought from every area of
the county, every area of life. The volunteer board is made up
of ministers, attorneys, bankers and people in the construction field.
When choosing board members, We looked at people who have roots
in the county, said Jon Bednarski, the foundations treasurer.
Based on the business knowledge shared among the board members, they
will be able to provide technical expertise to manage donated funds
that will benefit different areas of the community, he said. The primary
objectives of the foundation are to enrich quality of life within the
county, administer charitable funds, and build a collective community
To let the public know what they are all about, the Oldham County Community
Foundation will officially announce themselves to the community at 7
p.m. on May 17 at Yew Dell Gardens in Crestwood. Guest speakers include
Susan A. Barry, President and CEO of the Community Foundation of Louisville,
and Travis Rice, a member of the Community Foundation of Louisville.
Were searching for groups to share our story with,
said Bednarski. Carol McMahan rounds out the four member Board of Directors
The tax-exempt foundation is an affiliate of the Community Foundation
of Louisville, a philanthropic endowment for the Louisville Metro region.
For the Louisville Foundation, education and scholarships have been
a priority in the grants awarded each year.
Even though it may be a while before the foundation will have funding
to give away, said Franklin, it will be awarded to the people and projects
that will benefit the most from it. Areas in which the foundation may
benefit the community are in the arts and humanities, education and
Any gift amount is acceptable, said Ted Merhoff, vice chairman.
Although restricted and unrestricted funds are encouraged, Wed
like to have as many unrestricted funds as possible.
Restricted donations can be made up to the amount of $5,000 and are
restricted for use in Oldham County. The board of directors will decide
how to use this type of donation, said Merhoff.
Unrestricted donations begin at $25,000. These types of donations would
benefit a certain, specified entity. The foundation would like to see
funding benefit Oldham County first, said Franklin, but donors can
designate where the money goes.
Once firmly established, Other charitable organizations can come
to us, said Bednarski. If we had started 10 years ago, we
would have had something by now. Why wait any longer?
The foundation board members believe there are philanthropic individuals
within the county who would be willing to make donations but havent
come forward yet. Franklin encourages any such individual to establish
a legacy by leaving their money to outlast them and us.
For more information, contact Lambert Franklin
at (502) 376-5826 or Ted Merhoff at (502) 241-0303 or visit: www.OldhamCountyCF.com.
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