About the Legacy Fund
The Legacy Fund of the Columbus Foundation is a unique endowment fund created by and for the central Ohio Lesbian / Gay / Bisexual / Transgender / Queer / Intersex/Ally (LGBTQIA) community.
With the advice of trusted community leaders, The Legacy Fund:
Makes strategic investments in the form of grants to help new and existing
organizations become financially sustainable and achieve programmatic excellence;
Provides technical support to develop strong LGBTQIA community leadership and
strengthen community institutions; and
Seeks to ensure through permanent, planned gifts, that the LGBTQIA community can
face any challenges that confront it—now and for generations to come.
About The Columbus Foundation
The Columbus Foundation is the trusted philanthropic adviser® to more than 2,500 individuals, families, and businesses that have created unique funds and planned gifts to make a difference in the lives of others through the most effective philanthropy possible. More than 70 years strong, The Columbus Foundation is the eighth largest community foundation in the United States. The Foundation’s new Giving Store is a one-stop shop for easy and effective philanthropy.
On December 12, 2000 after years of planning, The Legacy Fund, a Field of Interest Fund of The Columbus Foundation, was created and funded with initial start up contributions from the OK Foundation and Greer Foundation. Many people in the LGBT community were actively involved in these developmental years of The Legacy Fund in a variety of roles as principles, advisers, interim board members, ex-officio members and initial donors. Without “years” of meetings and planning, The Legacy Fund would have never seen the light of day.
The founding members of The Legacy Fund:
Bill Brownson, Randy Carr, Lynn Carter, Marco Capalino, Michael Caven, Sheila Clark, Karen Cookston, Stamp Corbin, Michael Council, Scot Dewhirst, Elliot Fishman, Bobbe Fulton, Lynn Greer, Jeff Jones, Kevin Kowalski, Joe Kurzer, Mollie Levin, LeeAnn Massucci, Sue Mayer, Scott Owens, Steve Shellabarger and Ric Wanetik.
KEY DATES IN THE HISTORY OF The Legacy Fund
1998 – December 2000 – Meetings, Planning, Brainstorming, Development
December 12, 2000 – The Legacy Fund, a Field of Interest Fund of The Columbus Foundation, is created and funded with initial start-up contributions from the OK Foundation and Greer Foundation.
2001-2002 – A Founding board is assembled and interim operating guidelines adopted. Lynn Greer and Elliot Fishman elected as the first co-chairs of the Interim Board.
November 20, 2002– A free seminar was held at the Columbus Foundation …designed for accountants, attorneys, financial planners, bankers and others who have clients or customers who may be interested in making charitable lifetime gifts or bequests to The Legacy Fund.
December 2, 2002 – The Interim Board unanimously votes (15-0) to elect 18 members to the permanent board effective January 1, 2003 to staggered one, two and three year terms. The first permanent Board is: Bill Brownson, Marco Capalino, Stamp Corbin, Randy Carr, Lynn Carter, Michael Caven, Sheila Clark, Karen Cookston, Michael Council, Scot Dewhirst, Bobbe Fulton, Lynn Greer, Jeff Jones, LeeAnn Massucci, Scott Owens, Steve Shellabarger, Ric Wanetik, Sharon Wiggs.
2004-7/2006 – Gill Foundation provides $20,000 grant to fund administration through Gay and Lesbian Fund Affiliates Program
5/2004 – United Way of Central Ohio approaches Legacy to be a funding partner of the LGBT Census
12/2002-2006 – Ric Wanetik and then Scott Owens succeed Elliot as male co-chairs
2004-7/2006 – Elliot Fishman serves as administrator through outside grant funding. Gill Foundation provides $20,000 grant to fund administration through Gay and Lesbian Fund Affiliates Program
2005 – 4-year board member pledges exceed $350,000
January 2006 – Policy on pass-through donations adopted
June 2006 – The inaugural Legacy Fund Honors pays tribute to Rhonda Rivera at an event at the Columbus Foundation; attendance exceeds all expectations
September 2006 – Ohio Outgiving held in conjunction with the Gill Foundation
Initial Projects in the early years…
The Legacy Fund: Utilized an anonymous gift to fund $50,000 for the start-up of the Equality Ohio Education Fund and attract other foundation and institutional support for Equality
Invested $25,000 in endowment and donor-directed support for the purchase by Stonewall Columbus of the eventual site of our Central Ohio LGBT Community Center; and
Provided $6,000 in endowment and donor-directed grant money to ensure the continuity of Kaleidoscope Youth Center, during a gap in grant support for its executive director’s salary.
Invested in a Partnership with The United Way of Central Ohio, The Columbus Foundation, and Abercrombie & Fitch, to underwrite the costs of a Community Needs Assessment, commonly referred to as the LGBT census.
January 2007 – Strategic Planning Session held: signaled shift toward planned giving from annual giving
January 2008 – Frank Strausbaugh hired as administrator in newly defined role
July 9, 2008 – Ohio State Bar Association CLE Program for Attorneys-Financial Planners
September 2008 – The 2nd Legacy Fund Honors pays tribute to Fred and Howard at an event at the Columbus Conservatory. The Mayor and the CEO of the Columbus Foundation both attend and participate in honoring Fred and Howard. Attendance is over 200.
April 2009 – Legacy Fund holds Planning meeting for our Board and representatives of The Columbus Foundation.
July 27, 2009 – A bequest of $352,572.16 is received from the estate of Burdette Augsburger to establish the Howard T. Short and Burdette Augsburger Scholarship Fund.
May 11, 2010 – The Legacy Fund awards it first 5 scholarships of $2,000 each.
2010 – Lynne Greer named as 3rd recipient of The Legacy Fund Honors in a ceremony at the Columbus Foundation.
June 2011 – 3 scholarships of $5,000 each are award at the Pride Brunch…$15,000 total
Summer 2011 completion – The Pride Leadership Council in 2010 raises $20,000 in the name of The Legacy Fund and makes $20,000 in youth program grants.
January 2012 – The Legacy Fund awards a $17,500 grant to the Trailblazers Program of Stonewall to create programming, education and assistance to senior members of the LGBT community of Central Ohio.
September 13, 2012 – The Legacy Fund of the Columbus Foundation was pleased to welcome hundreds of Central Ohio residents to the 2012 Legacy Fund Honors Award event. At this event Steve Shellabarger was honored for his thirty plus years of dedicated service in furtherance of LGBT rights. Distinguished guests included Columbus Foundation President and CEO Doug Kridler, Columbus Mayor Michael Coleman, Columbus City Council President Andy Ginther, Franklin County Commissioner Marilyn Brown, Columbus City Council Members Eileen Paley and Zac Klein, Ohio State Representatives Mike Stinziano and Ted Celeste, and Franklin County Court of Appeals Judge Lisa Sadler.
2012 – The Legacy Fund awarded 3 college scholarships of $6000 each …totaling $18,000
June 14 2013 – Legacy announces an award of $25,000 in scholarships to 5 students
August 14, 2013 – The Legacy Fund of the Columbus Foundation announces it has received a gift of $98,093.26 from the estate of Sue Eckhart Greer who passed away on December 5, 2012.
As Of November 18, 2013
We have raised a total of $1,378,718.30 since December 22, 2000 (in gifts and income.)
We have to date paid out a total of $535,672.74 in grants, scholarships and expenses…with approved future payouts of $30,000 in grants and $12,500 in scholarships still due to be made.
As of November 18, 2013, the two endowment funds had a combined current balance of $843,045.58
We have made grants to 25 different entities
November 2013 – The Legacy Fund awards a $3000 grant to the Safe Zone Project at The Ohio State University, Multicultural Center. The Safe Zone Project seeks to create a safer and more inclusive environment for all members of the campus community.
December 3, 2013 – Legacy awards organizational grant awards of $30,000.
Alzheimer’s Disease & Related Disorders Association, Inc., Central Ohio Chapter , to provide matching funds to support services for LGBT families.
Buckeye Region Anti Violence Organization, to support the “Building a Safer Ohio” programming
Equality Ohio Education Fund , to support the creation of a Central Ohio Campus Organizing Fellowship position.
Kaleidoscope Youth Center Inc. , to increase the fundraising capacity of the Center.
Stonewall Columbus Inc. , to support a veterans support group and veterans awareness month
October 1, 2014 – Gloria McCauley and Chris Cozad honored as the 5th recipient of The Legacy Fund Honors in a ceremony at the Columbus Foundation. Legacy awards BRAVO a $20,000 grant in honor of the lifetime work of Chris and Gloria.
December 2014 – 2 Scholarships of $1000 each are awarded
May 2015 – 4 scholarships totaling $17,000 are awarded.
June 2015 – Stonewall awarded a $10,000 Emergency Grant in response to the rainout of the 2015 Pride event.
August 2015 – The Legacy Fund Board Retreat
November 2015 – Legacy awards $15,000 in grants to:
Kaleidoscope Youth Center Inc. – $5000
LifeCare Alliance – $5000
December 8, 2015 – The Legacy Fund holiday reception held.
June 2016 – Legacy awards $13,500 in college scholarships to 3 students.
August 31, 2016 – The 6th Legacy Honors Event in Ohio Stadium honors The Ohio
February 20, 2017 – Legacy Fund board holds retreat at OSU golf course club
house; Doug Kridler, CEO of The Columbus Foundation, attends and presents as part
November 2017 – Legacy Fund board holds holiday event at Wild Goose Creative
March 2018 – The Legacy Fund votes to move its biennial Honors Event to odd numbered years, in part, so as not to have to compete with federal, state and local political fund raising; establishes the following committees with descriptions of their tasks and roles for the funds overseen by the Board of Advisors:
Development Committee with subcommittees: Legacy Society, Donor List management, Publication for use with financial planners, CEU Programming for Financial Advisors for Use with their Clients
May 2018 – Board of Advisors awards four $2500 scholarships and two $1000 college scholarships to college-bound students, totaling $12,000.
July 2018 – Board of Advisors begins to receive periodic supplemental support through training on implicit bias.
November 2018 – Board of Advisors awards grants to the following recipients and separately awards $2500 to Columbus Gay Men’s Chorus as sponsor of its 50-year celebration/commemoration of Stonewall origins:
1. Kaleidoscope Youth Center, $9,000 (total request was $11,323) to launch the Host Home Network, a community and volunteer-based response to youth homelessness which will match young adults 18-24 with urgent/emergency housing needs to trained volunteers from the community that will provide shelter, support, and mentorship, at no cost to the young person.
2. Dress for Success Columbus, $8,000 (total request was $10,000) to launch its pilot program – Inclusive Dress Initiative (IDI). This initiative will provide stylish and professional workplace apparel and career resource workshops to low-income LGBTQIA+ individuals seeking employment.
3. Buckeye Region Anti-Violence Organization (BRAVO), $8,000 (total request was $10,000) to continue the SafeZone Service Provider Training and Technical Assistance program, providing LGBTQI cultural competency training and technical assistance to service programs such as rape crisis centers, domestic violence advocacy groups, law enforcement agencies, Legal Aid programs, and other organizations serving victims throughout Ohio.
December 2018 – Board of Advisors holds annual holiday party at home of Jack Miner
January 2019 – The Legacy Fund reelects its preceding year officers and amends its bylaws with these changes:
1. Now referred to as Amended Bylaws as of January 15, 2019
2. “Entity” changed to “organization” and references to “entity” changed to “The Legacy Fund”
3. LGBT community of central Ohio has been expanded to include LGBTQI “Lesbian, Gay, Bisexual, Transgender, Queer and Intersex”
4. Election of officers now occurs biennially instead of annually with related changes on holding of the annual meeting to coincide with 2-year terms rather then 1-year terms.
5. Clarification that the board of The Legacy Fund is a “Board of Advisors” whose role is to “hold any money or property from time to time received by them.” and modifies references to the board as “Board of Advisors”
6. Clarification that “money or property shall, together with the income and the gains and profits arising therefrom, constitute ‘The Legacy Fund Endowment’.”
7. Clarification that, “The Legacy Fund Endowment may consist of one or more separate funds that, for instance, may be specified by a legacy or devise of a will or trust, but for the purposes of these bylaws, all such funds shall aggregately be called “The Legacy Fund Endowment.” This explains to new board members that we may have more than one fund for advice and oversight.”
8. Clarifies that it is only board members of The Legacy Fund who serve on the board’s committees or subcommittees.
9. Yearly report by treasurer is changed to the close of the calendar year, rather than “within 90 days of the close of each year.”
10. Changes officer terms to two years with no term limits
11. Removes references to “articles of incorporation” since the organization is not separately incorporated
12. References the “Letter of Transmittal” to The Columbus Foundation creating “The Legacy Fund” to assist new board members in understanding the scope of their responsibilities as board members
13. Empowers the Secretary of the Board to maintain lists of board members and prospective board members and to keep track of their terms and their expirations
14. Initiating “Letter of Transmittal” is made an exhibit to the bylaws
15. “Finance and Development Committee” changed to simply the “Finance Committee” and given power to coordinate with The Columbus Foundation and any “duly authorized fiscal agent” of The Legacy Fund board of advisors and to maintain donor records.
16. “Personnel Committee” provisions modified to create a “Development Committee” for setting and overseeing fund raising goals. Authorizes subcommittees of Development Committee, especially for specific activities of the board, such as the Honors Event every 2 years.
17. “Operations Committee” provisions modified to create “Communications Committee” for developing public relations materials and maintain website and other outreach activities. Authorizes subcommittees of Communications Committee.
18. Maintains the “Grants Committee” and adds language that, “In lieu of creating a subcommittee, the Chair of the Grants Committee may appoint one or more Advisors to be responsible for specific projects of the Grants Committee in order to carry out the Committee’s activities under the Bylaws.”
19. Creates specific “Scholarships Committee” with role to oversee scholarship awards from requests to awards and authorizes subcommittees to carry out its functions.
a) Specifies that the Emeritus Board may establish subcommittees or appoint members of the Board of Advisors to perform certain tasks and create “special designations such as ‘Friends of Legacy Fund’ or ‘The Legacy Society’ . . . to recognize past donors and encourage future donations to the Legacy Fund.”
20. Permits other committees to be created but specifies that all committees report their activities to the full board at regularly scheduled meetings.
21. Eliminates non-members from committee positions for maintaining strong fiduciary capacity of Board of Advisors.
January 2019 – Board of Advisors votes to honor Scot Dewhirst at its 2019 Honors event held August 22, 2019
February 27, 2019 – Legacy Fund signs fiscal agent agreement with Wild Goose Creative, a 501c(3) organization, to perform administrative functions for Legacy Fund and especially to ease the task of ticket sales processing for Honors Event
As of 3/29/19