Keep 5 in Kansas

Think about what matters to you. Keep Five

The church where you worship.  The schools your children attend.  The park where your grandchildren love to play.  A local charity you care deeply about.

How can you ensure that the things that make your community unique continue, long after you’re gone?

Right now, we have an opportunity to create a better future for the Mitchell County area.  By keeping 5% of our county’s wealth through the Solomon Valley Community Foundation, we can improve our quality of life and strengthen the communities we call home.

Discover the potential.

The Keep 5 in Kansas campaign is designed to share the message to all Kansans of the importance of leaving a legacy for our hometowns and communities through the power of endowment.

Our state is currently experiencing an unprecedented transfer of wealth, as estates change hand from one generation to the next.  By 2020, the transfer of wealth in Kansas is estimated to be $79 billion, and will increase to $598 billion by 2064.  In Mitchell County, $192 million will transfer from one generation to the next by 2020.

If we “Keep 5 in Kansas,”  by capturing just 5% of this wealth transfer in our county, $9.6 million could be preserved in a community foundation endowment creating over $480,000 in annual grants to benefit the Mitchell County area.  Just imagine the possibilities for your community!

Visit www.keepfiveinkansas.com for more information about how you can make a difference.

 

 

Recent News

Deadline Nearing for IRA Charitable Contributions

If you are 70½ years old or older, you can make an impact on your favorite charity by making a gift from your IRA to a fund at the community foundation. This is an easy and effective way to make a gift that helps satisfy your required minimum distribution, while also reducing your taxable income. Who can take advantage of the IRA charitable rollover provision? If you have an IRA and are 70½ or older, you and your spouse (each) can take a tax-free charitable distribution from your IRA.Who can receive the gift? The IRA must be gifted directly to[...]

Solomon Valley Community Foundation Awards Fall 2019 Grants

BELOIT, Kan.— During its fall grant cycle, the Solomon Valley Community Foundation awarded over $44,000 in grants to 16 projects throughout Mitchell County. The following organizations received funding: NCK Wellness Center, Inc. for various class and non-class equipment for the senior exercise program.Lincoln County Emergency Management for installation of an emergency siren and backup generator in Hunter.Beloit Arts Center for an indoor/outdoor public sound system for sound production and audio recording.Mitchell County to host a Youth Entrepreneurship Challenge for junior high and high school students in the spring of 2020.Pawnee Mental Health Services, Inc. for S.T.A.R.S. Camp, designed for children with serious emotional disturbances.City[...]