The purpose of KRS § 147A.300 to KRS § 147A.330 is to enhance the quality of life for citizens of the Commonwealth through increased philanthropic activity by providing capital to new and existing citizen groups of the Commonwealth organized as community foundations and working to establish endowment funds that will address community needs, and also to encourage individuals, businesses, and organizations to give to community foundations.
Effective: July 15, 2010
History: Created 2010 Ky. Acts ch. 71, sec. 2, effective July 15, 2010.