Joe Walters, Chairman
Lake Area Foundation
Greetings from the community foundation of south-central Kentucky:
The Lake Area Foundation provides a welcome framework for giving in Kentucky’s Lake Cumberland region, which includes Adair, Casey, Clinton, Cumberland, Green, McCreary, Pulaski, Russell, Taylor and Wayne counties. As the elected Chair of the Lake Area Foundation Regional Board of Directors, I am excited to explore the many ways this new organization will benefit the region and its people. The possibilities are endless, limited only by our imaginations.
Our organization strives to have Local Advisory Committees in each of the 10 counties served and have one member from each county to serve on the Regional Board. These individuals are the “boots on the ground” to answer your questions, provide you with information and guide you in the creation of funds for many purposes. Options in the creation of a fund include Unrestricted, Donor Advised, Donor Directed and Scholarship.
Our website features a variety of information about foundations and about our organization and its activities. Check back often for new information and photos. Join us on Facebook to keep up with all that is going on.
Trust is very important as donors choose to create funds to endow special interests, organizations and causes. We receive administrative support from the Lake Cumberland Area Development District, an agency that serves the region. We work with trustee banks within the region with a goal of giving options to donors. The Regional Board has plans to create an investment sub-committee, recruiting investors from throughout the region to set investment policy, review reports from trustee banks and generally oversee and coordinate investment of all funds.
The Lake Area Foundation Regional Board of Directors is made up of bankers, attorneys, physicians, business people and educators with a broad variety of backgrounds and experiences which will assure expertise in many fields and thoughtful governance.
We remain focused on opportunities and events that will positively impact our communities, and are thrilled by the possibilities the future holds. Join us today as we build for the future.
“For Good, Forever.”