Focused on the future
Published 1:58 pm Saturday, December 1, 2007
- AT THE HEART of the Eastern Oregon Livestock Show are FFA and 4-H kids like Kagan Koehn, Cove, and their livestock projects. - MARDI FORD photo
About a year ago, Ken Knott invited a small group of men together and pitched them this idea:
Why not establish a 501c3 (not-for-profit) foundation that would
enable financial supporters of the 100-year old Eastern Oregon
Livestock Show to make tax-deductible donations?
Such a move, Knott believed, would assure financial support for the next 100 years of the regional livestock show.
“Ken Knott has always been a fantastic supporter
of the livestock show,” says board secretary David Yoder. “It’s a
wonderful thing – it provides a wonderful way to give back to the
community and for what the show gives to us.”
Besides Knott, who serves as foundation president, and Yoder,
the board includes Ray McDaniel, Craig Nightingale, Nate Jacobs, Brian
Spencer and Steve Joseph. The men agreed to sign on for a year as the
first Eastern Oregon Livestock Show Foundation Board of Directors.
“The foundation is really Ken’s brainchild. The rest of us are
just along for the ride. It’s an honor to be part of it. It’s really
been a labor of love,” says Yoder.
So much so, in fact, Yoder says the entire board enthusiastically agreed to stay on for a second year.
Yoder says the foundation’s intent is not to tell the livestock
show association how to spend money, but to ensure there will be money
to spend.
“There is a clear delineation between the association – which
runs the show – and the foundation, which is the recipient of
tax-deductible donations. The goal is to assure the show will continue
for another 100 years,” says Yoder.
“The show is a great regional event with something for
everyone – with a wonderful rodeo and now the horse racing. But the
show wouldn’t be what it is without the kids. The 4-H and FFA kids
really are the heart of the livestock show,” says Yoder. “So, what we
want is to make sure we’ve done everything to allow these opportunities
to continue for another 100 years for the benefit of these kids. The
foundation’s about funding the future of 4-H and FFA.”
The foundation will provide the financing from the donations it
receives. Yoder does not anticipate any power struggles or problems
between the foundation and the association. In fact, the foundation’s
mission as stated in its articles of incorporation reads:
“The corporation is organized exclusively … to support and
fund capital improvements, operations, and other related activities in
the furtherance of the 4-H and FFA programs hosted by the Eastern
Oregon Livestock Show Association, Inc.”
“The foundation board does not want to run the show, that’s the
association’s job. We do mesh well, but we’re keeping the foundation
purposely at arm’s length from the association. Our focus is not to
micromanage what the association already does,” Yoder says Ray McDaniel
is the current president of the association and also serves as the vice
president of the foundation.
“I think this was a wonderful idea. The foundation is a
tremendous asset to the association. This will provide the show with
future funding for improvement projects to the livestock show grounds,”
says McDaniel.
The association, he says, will still need direct donations in
order to run the annual show. But for those fortunate enough to have a
substantial amount of money to bequeath to the show, the creation of a
foundation gives those people the tax-deductible avenue to do so.
People may also make donations as a memorial or to honor a loved one.
“We’ve already received a lot of memorials in (longtime stock show participant and supporter) Pat Stitzel’s name,” Yoder says.
For those who may wonder why it took 100 years to form a
foundation, Yoder says, “Well, I think we all went along and didn’t
think about it. But 100 years is a really big deal and it gets you
thinking about the next 100 and what we should do.”