Legacy Regional Community Foundation is a 501(c)3 not-for-profit philanthropic organization. This means gifts to any fund held with Legacy are tax-deductible to the fullest extent allowed by law. Under our umbrella are numerous funds set up for the benefit of the local area.
The donations that come to Legacy are from local individuals who want to invest in the future of this area. They can give to specific organizations such as a library, hospital or non-profit or earmark their gift for general causes like education or healthcare. Legacy attracts outside organizations such as the Kansas Health Foundation which supports the mission of community foundations and gives them financial support to encourage the growth and sustainability.
We are a member of the Kansas Association of Community Foundations, a collection of more than 60 local foundations in Kansas. Legacy is National Standards-certified through the Councils on Foundations, which signifies a commitment to the highest business practices of policies and accountability.
This main gift is endowed, meaning that it is never spent. Instead it is permanently invested to provide income. Investments are overseen by the Legacy investment committee, a committee made up of local bankers, accountants and lawyers as well as interested community members.
Distributions (also called grants) are made from the earnings off the investment through a Grants committee consisting of Legacy Foundation board members and interested community leaders.
Gifts to Legacy Regional Community Foundation continue to benefit the area forever.
Current assets of over five million dollars are managed by Legacy Regional Community Foundation. See the gifts page for a list of supported organizations and fields of interest.
Please use the link below to view or download our current organizational goals.