Those present at KLA’s recent session on Philanthropy in Kosciusko County include from left KLA cadet Amanda Sautter; KCCF CEO Stephanie Overbey; K21 Health Foundation President and CEO Rich Haddad; Lake City Wealth Management Vice President Lili Dailey; and KLA cadet Dr. Bennett Hollar. Photo provided by Liz Trinh Dewart.

News Release

WARSAW — The latest KLA session was held Tuesday Nov. 15, at the Kosciusko County Community Foundation. KLA cadets got an overview of philanthropy in Kosciusko County from CEO Stephanie Overbey at the Kosciusko County Community Foundation.

President and CEO of K21 Health Foundation Rich Haddad spoke about the role of a private foundation in philanthropy. The cadets also learned the basics of estate planning from Lili Dailey, Lake City Bank vice president, wealth management.

Community foundations have become the fastest growing way to give in the United States, now with one in every Indiana County. Since being established in 1968, the KCCF now has over 300 endowment funds, almost $72 million in assets and awards $3 million annually to charitable organizations.

The K21 Health Foundation works to support health initiatives and projects in the county. The cadets also learned about the rules of distribution and eligibility of organizations. In 23 years, K21 Health Foundation has granted $60 million to benefit Kosciusko County residents.

Lili Dailey, LCB Trust officer, explained the importance of estate planning which includes having an updated will, named beneficiaries, a living will and other healthcare documents. She helped cadets make the connection between wealth management and charitable giving. Through estate planning, individuals can protect financial assets and leave a lasting legacy.

The work of these organizations and others is a testimony to the generosity of those who invest in the lives of people in Kosciusko County. “We live in a very blessed community, but it’s not by accident,” said KLA moderator Allyn Decker.

The next KLA session will cover the Orthopedic Industry in Kosciusko County Nov.  29, at the City of Warsaw’s Council Chambers.