147A.305 Purpose of KRS 147A.300 to 147A.330. The purpose of KRS 147A.300 to 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 foundatio ns 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, effect ive July 15, 2010.
Kentucky Legal Code