In an effort to increase philanthropic activity across the Commonwealth, the 2010 General Assembly passed Senate Bill 227 (KRS 147A.300) that provided for the establishment of the Endow Kentucky Program and Commission.
Endow Kentucky’s purpose is to enhance the quality of life for citizens of the Commonwealth through increased philanthropic activity by providing capital to new and existing citizen groups of the Commonwealth organized as community foundations; working to establish endowment funds that will address community needs; and to encourage individuals, businesses, and organizations to give to community foundations.
The Kentucky Philanthropy Initiative’s Transfer of Wealth study clearly shows the intergenerational transfer of wealth that is taking place, and the difference that keeping these resources close to home through permanent endowments can make for a community’s future.
Endow Kentucky Commission
Governor Steve Beshear appointed the following individuals to serve as members of the Endow Kentucky Commission:
- Michael Hammons of Park Hills (Chair)
- Sharon Receveur of Louisville
- Wynn Radford, III of Hopkinsville
- Buckner Woodford, IV of Paris
- Anthony “Tony” Watkins of Benton
- Michael Hobbs of Ashland
- Jiten Shah of Owensboro
- Gerry Roll of Busy
- Fontaine Banks of Frankfort
If you have questions, please contact:
(502) 573-2382 x285