Lord Family Foundation Established to Meet Their Charitable Goals


Kevin Lord and his wife Leigh had often talked about doing something to give back.  “Our daughter Jenni was the beneficiary of a generous academic scholarship to attend a private high school, which we want to ‘pay forward,’ and we also have an interest in supporting returning veterans, as well as fundraising walks to combat cancer and other diseases,” says Kevin.

After Kevin's business had a particularly good year, Kevin's accountant, Bob Alario, recommended the Lord’s start a Family Foundation at the Community Foundation of North Central Massachusetts.

“For us, the timing was perfect,” Kevin recalls, ‘not just because of the tax benefits, but also because a family foundation, especially one that is managed by Community Foundation, really simplifies charitable giving.”

As an example, once the Lords had identified the types of causes they wished to support, Community Foundation researched organizations and opportunities for their consideration. In addition, the Lords are able to determine how much earned interest they want to reinvest in their fund, and how much to allocate towards grant making. 

While fulfilling the Lord family’s desire to give back, in perpetuity, Kevin also appreciates the flexibility that a family foundation provides. “Jenni has traveled to the Dominican Republic twice already to work at a women’s center there, so in the future I can foresee the Lord Family Foundation supporting that organization, or others like it.”

The Foundation supports the community by giving grants and distributions in the areas of health and human services, education, environment, animal welfare and arts and culture.  We are a non-profit organization, dedicated to helping donors establish permanent endowment funds – benefiting the community forever and creating a lasting legacy for fund holders.


About the Community Foundation of North Central Massachusetts

The Foundation supports the community by giving grants and distributions in the areas of health and human services, education, environment, animal welfare and arts and culture. We are a nonprofit organization, dedicated to helping donors establish permanent endowment funds---benefiting the community forever and creating a lasting legacy for our fundholders. 

Please be sure to visit our Website, and like our Facebook page.

Helping donors do good work… FOREVER


 






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