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Sunday, October 22, 2017

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COMMUNITIES FOUNDATION OF TEXAS ANNOUNCES RECIPIENT OF THE FIRST VESTER HUGHES AWARD
Communities Foundation of Texas

May, 2017

Communities Foundation of Texas (CFT) announces that Jack M. Kinnebrew, of Strasburger & Price, LLP has been selected as the 2017 recipient of the first Vester Hughes Award, which was established to honor individuals who most embody the spirit of the late, respected tax lawyer, Vester T. Hughes, Jr.

 

Donors often take a personal approach to charitable giving, but more often than not, they seek assistance from professional advisors to determine how and when to integrate their charitable gift planning. Professional advisors can  provide charitable solutions that not only help educate the client, but also meet their charitable giving needs. Beginning this year, the Vester Hughes Award will be bestowed annually on professional advisors who have made significant contributions to CFT’s mission of growing philanthropy in the region; for their devotion to assisting clients with charitable giving; their personal commitment to charitable causes; and their thoughtful mentoring of fellow advisors in the field of philanthropy.

CFT created the Vester Hughes Award in honor of Hughes’ legacy, his longstanding commitment to charitable causes, and his support of the organization’s philanthropic initiatives. Hughes first began working with CFT in 1958 and served as its general counsel or senior tax counsel for more than 50 years. During his tenure, CFT grew into one of the most prominent and trusted community foundations in the country. As legal counsel for W.W. Caruth, Jr., Hughes helped create the W.W. Caruth, Jr. Foundation at Communities Foundation of Texas, which continues to grant millions of dollars to the community. Hughes embodied the principle of honoring donor intent, as he guided the Foundation through the investing and grantmaking of the W.W. Caruth, Jr. Foundation at Communities Foundation of Texas. 

“Vester Hughes was the embodiment of integrity, generosity and compassion,” said Dave Scullin, CEO of Communities Foundation of Texas. “Vester was vital to how CFT could best serve our region, and CFT is committed to preserving his legacy, while honoring those who exemplify his spirit by being personally committed to the betterment of our community. Jack Kinnebrew’s depth of experience, strong leadership, and contributions to our organization across many decades have been invaluable to CFT as we continue to grow and make an impact.”

Kinnebrew’s contributions to CFT began in March 1987 when he attended his first board meeting as the outside general counsel for the organization. Over the years, his role within the foundation continued to grow as acting executive director from 2001-2005, and his election to the CFT board of trustees in 2005. Kinnebrew played a vital role in the development of CFT’s headquarters, the Mabel Peters Caruth Center, and is credited for positioning CFT to serve as an organizational model for public charities across the country. He was also instrumental in the successful launch of the Texas High School Project, a public-private initiative which would later become Educate Texas, that continues to work to improve the quality of public education for thousands of Texas students.

“I am humbled and honored to receive the Vester Hughes award. I don’t think anyone actually focuses on becoming a leader in charitable advising,” said award recipient Jack Kinnebrew. “I simply try to help guide clients and colleagues on a path that is focused on serving and strengthening our great community and building CFT to support a thriving community.”

Jack M. Kinnebrew received his B.B.A. in Accounting from the University of Oklahoma, and J.D. and L.L.M. in Taxation, from Southern Methodist University Dedman School of Law. He has been with the Dallas law firm of Strasburger & Price, LLP since 1968, and is Board Certified in Estate Planning and Probate Law by the Texas Board of Legal Specialization. Kinnebrew has been named one of “The Best Lawyers in America” each year since the inauguration of its publication and has been listed among D Magazine’s “Best Lawyers in Dallas” in the area of trusts and estates law. In 2002, Jack was honored by the Dedman School of Law with the Distinguished Alumni Award for Public Interest.

 

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About Communities Foundation of Texas

Communities Foundation of Texas works with families, companies and nonprofits to strengthen our community through a variety of charitable funds and strategic grant making initiatives. In 1974, W.W. Caruth, Jr. established his foundation as part of the Communities Foundation of Texas with philanthropic goals to meet community needs today and support frontier-advancing projects in education, scientific research, medical advancement and public safety. Communities Foundation of Texas is committed to serving and understanding donor needs, expertly handling complex gifts, wisely managing charitable funds, and leveraging its community knowledge to increase charitable impact. The Foundation professionally manages more than 900 charitable funds and has awarded more than $1.6 billion in grants since its founding in 1953.

 

 

 

 

 



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