Celebrating Melvina Killion


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TUESDAY, DECEMBER 3, 2019
10A – 1P
301 N MAIN, SUITE 200
NEWTON, KS 67114


Melvina Killion
Gracious Philanthropist Throughout her Life

Melvina Killion of Phoenix, AZ made the largest single gift in the history of the Central Kansas Community Foundation.

Melvina, a former Wichitan, made a bequest gift from her estate totaling $1.6 million. The gift created the Melvina C. Killion Charitable Endowment.

Four nonprofit organizations share the annual income distributions from the permanent endowment, including Kansas Christian Home in Newton. Other recipients include the Arizona State University Foundation for the benefit of its public television station; The Tennyson Center for Children at Colorado Christian Home; and Family Time Training Inc. in Littleton, Colo.

Marnette Hatchett, chairwoman of the Central Kansas Community Foundation board of directors at the time the gift was received, made the announcement. ‘We are proud that Mrs. Killion placed her faith and confidence in our foundation,’ Hatchett said. ‘We understand that she and her husband, Lyle, owned seven gas service stations in the Wichita area in the 1940s and ’50s. It’s wonderful that she wanted to give something back to central Kansas after all these years.’

Newton resident and retired banker Frank Spangler was a founding board member of the community foundation and worked closely with Killion to plan the gift in recent years.

‘Melvina was retired and living in the Phoenix area when we first met,’ Spangler said. ‘She wanted to do something to help the Kansas Christian Home in Newton. Her husband Lyle’s father was a minister and resided at the Newton retirement community for a number of years.’

Kansas Christian Home director of development Linda Hill called the gift a wonderful example for others.

‘Mrs. Killion was a gracious philanthropist throughout her lifetime,’ Hill said. ‘This gift is a blessing for many of our residents who will directly benefit from her generosity for years to come.’

According to lifelong friends of the Killions, they retired and left Wichita to move to Colorado in the late 1960s, later settling in the Phoenix area.


BEQUEST DEFINED

A bequest is a sum of money made available upon the donor’s death, often given to a charity as a beneficiary of a life-insurance policy or will, for example.

ENDOWMENT DEFINED

An endowment is a donation of money or property to a non-profit organization, which uses the resulting investment income for a specific charitable purpose. Most endowments are designed to keep the principal amount intact while using the investment income for charitable efforts. Often referred to as forever funds.

 

Foundation Basics: Endowment


Endowment Defined – An endowment is a donation of money or property to a non-profit organization, which uses the resulting investment income for a specific charitable purpose. Most endowments are designed to keep the principal amount intact while using the investment income for charitable efforts. Often referred to as forever funds.

Contact us if you are interested in planning your giving!

Foundation Basics: Planned Giving


Planned Giving Defined

Planned giving is the process of donating planned gifts. A planned gift is a contribution that is arranged in the present and allocated at a future date. Commonly donated through a will or trust, planned gifts are most often granted once the donor has passed away.

Contact us if you are interested in planning your giving!

Our Partners: Community National Bank

Throughout the years, we have put down roots in the communities we serve and are honored to grow our communities alongside valued and trusted community partners. The following series features businesses and individuals who have stood by our side in serving our mission to build stronger communities through charitable giving. Thank you dearly for being partners in our charitable work – it wouldn’t be possible without your friendship and support.

This week, we honor Community National Bank, their commitment to helping us serve our charitable mission in South Central Kansas.

Foundation Basics: Donor Advised Funds


Donor Advised Fund Defined

donor advised fund (DAF) is a type of charitable giving fund that is established by a donor with an eligible charitable sponsoring organization (i.e. a community foundation) to support a cause (or causes) that the donor cares about.

Additional Information

Donor Advised Donor Designated/Advisory Fund: A fund held by a community foundation where the donor has specified that the fund’s income or assets be used for the benefit of one or more specific public charities. These funds are sometimes established by a transfer of assets by a public charity to a fund designated for its own benefit, in which case they may be known as grantee endowments. The community foundation’s governing body must have the power to redirect resources in the fund if it determines that the donor’s restriction is unnecessary, incapable of fulfillment or inconsistent with the charitable needs of the community or area served.

Examples

Wayne White Memorial Fund – El Dorado Community Foundation
Al and Jennifer Vogts – North Newton Community Foundation
James and Barbara Stucky – Newton Community Foundation
Robert and Jennifer McKenney Family Charitable Fund – Fredonia Community Foundation

Our Partners: Kansas Electric


Throughout the years, we have put down roots in the communities we serve and are honored to grow our communities alongside valued and trusted community partners. The following series features businesses and individuals who have stood by our side in serving our mission to build stronger communities through charitable giving. Thank you dearly for being partners in our charitable work – it wouldn’t be possible without your friendship and support.

This week, we honor Kansas Electric for their commitment to helping us serve our charitable mission in South Central Kansas.

Our Partners: Jeffrey Graber with Edward Jones


Throughout the years, we have put down roots in the communities we serve and are honored to grow our communities alongside valued and trusted community partners. The following series features businesses and individuals who have stood by our side in serving our mission to build stronger communities through charitable giving. Thank you dearly for being partners in our charitable work – it wouldn’t be possible without your friendship and support.

This week, we honor Jeffrey Graber with Edward Jones for his commitment to helping us serve our charitable mission in South Central Kansas.

 

Our Partners: Office Plus of Kansas


Throughout the years, we have put down roots in the communities we serve and are honored to grow our communities alongside valued and trusted community partners. The following series features businesses and individuals who have stood by our side in serving our mission to build stronger communities through charitable giving. Thank you dearly for being partners in our charitable work – it wouldn’t be possible without your friendship and support.

This week, we honor Office Plus of Kansas for their commitment to helping us serve our charitable mission in South Central Kansas.

Our Partners: Midland National Bank


Throughout the years, we have put down roots in the communities we serve and are honored to grow our communities alongside valued and trusted community partners. The following series features businesses and individuals who have stood by our side in serving our mission to build stronger communities through charitable giving. Thank you dearly for being partners in our charitable work – it wouldn’t be possible without your friendship and support.

This week, we honor Midland National Bank for their commitment to helping us serve our charitable mission in South Central Kansas.