KACF: Ted Baldwin Donor Advised Fund Grant

The KACF: Ted Baldwin Donor Advised Fund Grant supports projects in the Kearney area, following the legacy of the Theodore G. Baldwin Foundation. Established by the Baldwin family, the fund aims to enhance community welfare by providing grants to qualified nonprofits. With over $5 million awarded since its inception, the fund focuses on local initiatives and transitions to Kearney Area Community Foundation for better management and oversight as the Baldwins retire.

Background
In 1983, 11 years after the passing of his father, Mike established the foundation with money left by his mother, Ellen, when she sold her shares of the J.A. Baldwin Mfg. Company. Later changed to Baldwin Filters, the company was started in 1936 by Mike’s grandfather J.A. Baldwin and was later led by his father Theodore (Ted) Baldwin.
Since its inception, the Theodore G. Baldwin Foundation has awarded more than $5 million in grants to local nonprofits.
Last year the Baldwin family decided to dissolve their family’s private foundation, the Theodore G. Baldwin Foundation, and chose the Kearney Area Community Foundation (KACF) to manage its assets. With that, the Ted Baldwin Donor Advised Fund was established. By creating a donor advised fund the Baldwins will shift the management, reporting and oversight to KACF as they begin their retirement later this year.

Eligibility

The Ted Baldwin Donor Advised Fund typically funds projects or programs in the Kearney area and surrounding communities. Grants are made to nonprofit, federally tax-exempt 501(c)(3) qualified organizations, or organizations delivering a project or program which have a fiscal relationship with a qualified charity.

Ineligibility

As a general practice, the TBDAF refrains from funding:Agencies serving a populace outside of the KACF’s service area.Annual fund drives, galas, or other special-event fundraising activities.Debt reduction.Dissertations or student/faculty research projects.Emergency or disaster relief efforts.Indirect/administrative costs.Institutions that discriminate on the basis of race, ethnicity, sexual orientation, gender identity, gender, mental, emotional or physical ability/disability, national origin, or age in policy or in practice.Loans, fellowships, or grants to individuals.Political lobbying, or legislative activities.Profit making enterprises (unless allowed by Federal Treasury Regulations).Travel, tours or trips, including honor conferences, expanded studies.Umbrella organizations that would re-distribute the requested funds at their discretion.