Passing on Charitable Values to the Next Generation

Passing on Charitable Values to the Next Generation

Karen & Mike Herman

Karen & Mike Herman

Mike and Karen Herman taught their children at a young age about the importance of helping others. Their approach was to lead by example, much like Mike's mentor at Marion Labs, Ewing Kauffman. Mike and Karen began talking with the Greater Kansas City Community Foundation in 1985 about establishing the Herman Family Foundation Fund.

"I remember one day my corporate salary was published in the paper," Mike said. "Our 12-year-old came home and said, 'Dad! Are we millionaires?!' She wasn't aware of any wealth because we give our money to the community. We want to create our heaven on earth."

Over the years, in addition to giving financially, the Hermans have given their time and talent. They have been driving forces behind numerous civic organizations including Karen's presidency at the Women's Foundation and Mike’s presidency at the Ewing Marion Kauffman Foundation.

The Herman children enjoy volunteering and approach each donation as an investment. "Our children embrace that some of their inheritance will go to charity," Karen said. "And we're proud to see them give to the causes they care about."