Preparing to Leave a Legacy for your Community

Last week, more than three dozen financial advisors and community members gathered together in McCook to learn more about how you can leave a legacy in your community.

Leaving a legacy can mean many things and can be done in a variety of ways.

For some, leaving a legacy means serving in public office, instituting laws and passing ordinances, which will shape the community for generations to come. If you don’t think attending a city council, school board or county commissioner meeting matters, consider that what they do at those meetings affects you and your children and your grandchildren on a daily basis. Those people who have served as a public servant have left a legacy in their community.

For others, they leave a legacy by their involvement and volunteerism in the community. These are the people who recognize a need in the community and fill it by creating an organization to help the situation. Or they volunteer their time to help others and make the community a better place for everyone who lives there. Those people who live to serve others have a left a legacy in their community.

And finally, there is the matter of leaving a legacy financially.

That was the topic covered last week during Nebraska Community Foundation’s Lunch and Learn webinar. Area financial advisors were encouraged to join a watch party at McCook Christian Church to learn more about estate planning and its affect on a community. Accountants, attorneys and investors joined community members to hear from author Mark Weber, who wrote “A Spectrum Legacies: The Gifts You Leave for Your Children and Community.”

The watch-party was hosted by the McCook Community Foundation Fund and the McCook Philanthropy Council. The council is a group of local non-profits who are working together to raise awareness about supporting local charities and non-profit organizations with financial gifts, specifically “Five-to-Thrive” which asks for five percent of assets to be left to a community so that it can thrive.

As our community ages, there is going to be a massive transfer-of-wealth from one generation to the next. If that next generation doesn’t live in this community, those dollars will leave the community, mostly likely forever.

So the conversation has begun about what legacy a person wants to leave not only for their family but for their community by leaving a financial gift for their hometown.

Some might be saying to themselves that they don’t have the financial resources to leave a legacy in their community. But ultimately, it isn’t the size of the gift that matters. It is recognizing that you want to support the organizations and the community that was there for you and your family as they grew up.

This is a different type of mindset. Traditionally when people have worked on their wills or long-term financial planning, all assets would have been passed down to their heirs, traditionally their spouse and/or their children.

But as our part of the state enters the largest generational transfer of wealth, we are working to change that traditional way of thinking. During a different session I attended about Five-to-Thrive, the speaker noted that if his children couldn’t live on 95 percent of his assets, then they wouldn’t be able to live on 100 percent either. That is putting it very bluntly but also very realistically.

And the Five-to-Thrive concept is not asking anyone to abandon to leaving assets to family members. Instead, the idea is to simply consider leaving a legacy in the community where you live or where you grew up if you have moved away.

The decision about your legacy will not be made overnight but rather through many conversations. It won’t be made by reading a single book but by reviewing many articles and stories. And it won’t be made by just reading this article or by what anyone else says but ultimately by following your values and what you would like to leave behind.

We are all going to leave a legacy, one way or another. It can be left up to others.

Or you can take the time to be intentional about what that legacy looks like by being prepared, by considering what your family needs and what will make your community an even better place to call home - for generations to come.

By Ronda Graff December 17, 2025
Linda Graff named McCook Volunteer of the Month for December 2025
By Ronda Graff December 15, 2025
By focusing on what is important, we can make an even better impact in our communities.
By Ronda Graff December 11, 2025
After a 10-year hiatus, the McCook Holiday Home Tours return focusing on downtown upstairs apartments.
By Ronda Graff November 25, 2025
While many people think volunteering is for older residents, serving your community has no age restrictions. And young people can regularly be found lending a hand or offering their services in their hometown. The November 2025 McCook Volunteer of the Month recognizes one of many young people are working to make their community an even better place to call home: Grady Riemenschneider. Currently a senior at McCook High School, Grady volunteers with a wide variety of organizations and groups. As a four-year member of the McCook Community Foundation Fund’s Youth Change Reaction, Grady serves as the ambassador for the youth group’s “Cars Under Stars,” the outdoor movie theater at the Red Willow County Fairgrounds. At nearly every showing, he can be found operating the projector and setting up the parking lot, as well as passing along his knowledge to the next ambassador. In McCook’s FFA program, Grady has held officer roles the past four years and is currently the chapter vice president, organized the chapter banquet in 2025 and coached for the conduct of chapter meetings. Along with serving as the president of the Driftwood Feeders 4-H Club, he assists with setup, tear down and fundraising for the dog show and helps fellow members train their dogs. Grady steps in to help and lead at local events, including Prairie Plains CASA’s Kick in’ It Up for CASA and the Cajun Broil; the Edward Jones Alzheimer’s Walk; operating sound boards for various groups; and Feed the Farmer. And he has served as a youth leader at McCook Christian Church for elementary youth since approximately 2018 as well as stepping up to ensure the ag program ran smoothly during a teacher’s maternity leave Upon request from his mother about some of Grady’s activities, Sharleen noted that he is the “Chief Household Operations Officer: first responder for Mom’s to-do list, go-to chauffeur and caretaker for his favorite sidekick (a.k.a. his nephew), and the family’s unofficial event planner who somehow keeps everyone together without a clipboard.” The McCook Philanthropy Council recognizes a volunteer every month who is doing good work in McCook and Red Willow County. If there is a volunteer in the community who should be recognized, please contact the McCook Chamber of Commerce at 308-345-3200 or visit McCook Volunteers on the McCook Community Foundation Fund’s website, mccookfoundation.org to complete a nomination form. The only requirement is that the nominee must be a resident of McCook or Red Willow County but please have information about the nominee along with where and how they volunteer in the community. The volunteer honoree is selected monthly by the McCook Philanthropy Council.
By Linda Taylor November 25, 2025
With the holiday's nearing, MCFF member and Mayor Linda Taylor reflects on the many things to be thankful in McCook.
By Ronda Graff November 22, 2025
The names of those people who have made a generational impact on McCook and Southwest Nebraska is a long list. Many of them are working day-in, day-out right now to make their mark on the community. And then there are those people who no longer call McCook home but still make an impact long after they are gone. Allen Strunk is one of those people. Allen passed away on Nov. 1 at his home in Las Vegas, Nevada but he never lost the love of his hometown. Born and raised in McCook, Allen was a member of an already well-known family, Harry and Arlene Strunk. The Strunks started and published the McCook Daily Gazette, with the motto, “Service is the rent we pay for the space we occupy in this world.” A saying that was so important that Harry had it etched at the top of his downtown newspaper office on Norris Avenue. That sense of service was passed along to Allen, who continued to serve his community as he took over leadership of the Gazette. I didn’t know Allen personally until he came back for visits years later. Even though my first job upon arriving in McCook was at the McCook Daily Gazette and Allen had turned over the publishing reins to Gene Morris many years prior, the Strunk legacy loomed large. He was instrumental in the building of the then-new YMCA, moving the facility from downtown to its current location next to the McCook High School. He was a key player in the new hospital, again moving from one location to a new expanded space. And McCook Community College benefitted his involvement in an expansion. Those projects continue to impact McCook today. And the support didn’t stop just because Allen retired from the Gazette and left McCook. There are programs the Strunks are involved in that benefit McCook and Southwest Nebraska. The Strunks continue to support Santa Claus Lane, which is overseen by the McCook Chamber of Commerce. And which after a few years of decline is seeing a resurgence of enthusiasm and nostalgia for the decorative holiday pieces lining Norris Avenue. Allen funds the annual McCook Area Outstanding Teacher award, which provides a financial prize to several teachers every year. And Allen recognized the work of the McCook Community Foundation Fund, providing a donation several years ago so that he could see its impact while he was still alive. This has led MCFF to consider how they will recognize and remember Allen for years to come. Because of his belief in service to his community, this could mean more recognition for the countless volunteers who keep our community thriving. It could be a day of community service, to see how many people can come together to make something happen. It could be a celebration for all the great things happening in our community. During Allen’s memorial service this past week in McCook, his step-daughter-in-law read the poem, “The Dash" by Linda Ellis, who published it in 1996. It reflects on the meaning of the dash between the birth and death dates on a tombstone. The dash is a reminder of everything that happens between the moment a person is born and the moment a person dies. The dash emphasizes the importance of how one lives their life during that time. The dash prompts a person to think about living, rather than worrying about dying. Ultimately, the dash is where all the good - and the bad - happens. And Allen Strunk made the most of his “dash,” both in his community and within his family. We can’t all run a newspaper. We likely aren’t going to etch our favorite saying into a building. But we all need to consider how we are paying the “rent for the space we occupy in this world.” And we can all make a difference in our hometowns, whether we currently live in them or even if we haven’t stepped foot on the main street in years. 
By Ronda Graff November 18, 2025
SWNE Big Give Passes $400,000 for First Time in 10 Year History
By Ronda Graff November 14, 2025
Everyone feels a need to be needed and it is shown through the Big Give and Meal Kit Giveaways
By Ronda Graff November 7, 2025
SWNE Big Give reaches new heights thanks to enthusiasm of organizations, individuals and businesses
By Ronda Graff November 7, 2025
Food pantries are seeing an increased need, which means the community must step up with donations of food and time to help those who struggle to put food on the table.