Tip:
Highlight text to annotate it
X
THE HEAD OF ONE OF KANSAS
CITY'S LARGEST FOUNDATIONS IS PACKING UP THE BOXES AND CLEARING UP HIS OFFICE AFTER
ALMOST A DECADE IN CHARGE. STEVE ROLING IS WINDING DOWN AS CEO OF THE HEALTH CARE
FOUNDATION OF GREATER KANSAS CITY CREATED IN 2002 BY THE SALE OF THE FORMER HEALTH MIDWEST
HOSPITALS TO FOR-PROFIT MEDICAL CHAIN HCA. THE FOUNDATION HAS GIVEN OUT
MORE THAN $160 MILLION IN GRANTS THROUGHOUT THE METRO WITH ASSETS OF MORE THAN $400 MILLION.
IT IS THE METRO'S FOURTH LARGEST FOUNDATION. I WENT TO MY DAD.
MY DAD IS NOW DECEASED. I SAID, DAD, I'VE GOT THIS NEW JOB.
HE SAID, WHAT DOES THE FOUNDATION DO? I SAID WE GIVE AWAY MONEY.
BACK THEN, HE WAS SMOKING, AND HE SAID, IS THAT ALL YOU'RE GOING TO DO IS GIVE AWAY MONEY?
WHAT HAPPENED? HOW IS THAT A JOB? DO THEY PAY YOU TO DO THAT?
YOU CAN SEE THE WHOLE INTERVIEW ON NEXT WEEK'S LOCAL SHOW THURSDAY NIGHT AT 7:00.
YOU CAN EXPECT AN ANNOUNCEMENT OF HIS SUCCESSOR. IN THE NONPROFIT WORLD, WE GET
LOTS OF FUNDING FROM THE HEALTH CARE FOUNDATION. IF YOU'RE NOT IN THAT WORLD,
WHAT IS THE ROLE OF FOUNDATIONS IN THIS COMMUNITY, JACK? WE ARE FOUNDATION HEAVY AND
ENTREPRENEUR AND VENTURE CAPITAL LIGHT, WHICH IS AN INTERESTING FA
PHENOMENON. THEY GET POLITICAL. THERE IS TURNOVER FOR THAT
REASON. YOU HAVE TO GIVE AWAY MONEY. IF YOU'RE IN A FOUNDATION, YOU
CAN'T JUST SIT ON IT. YOU'VE GOT TO FIGURE OUT AT LEAST SOME WAYS TO SPEND IT.
THE MOST CRITICISM YOU HEAR IS THAT KANSAS CITY'S FOUNDATIONS ARE NOT AS AGGRESSIVE AS THEY
MIGHT BE. THE GOOD NEWS IS THEY HAVE HE ENORMOUS RESERVES FOR OTHER
PROJECTS. THAT IS IT FOR OUR WEEK IN REVIEW.
THANKS TO OUR NEWS REVIEWERS. I'M NICK HAINES. FROM ALL OF US HERE AT KCPT,
Captioning provided by Caption Associates, LLC www.captionassociates.com