The Lake Area Foundation is a tax-exempt, nonprofit, autonomous, publicly supported, philanthropic institution. The Foundation's long term goal is building permanent, named, component funds established by many separate donors to carry out and support charitable interests for the benefit of residents of a defined geographic area. The Lake Area Foundation's identified service area consists of Adair, Casey, Clinton, Cumberland, Green, McCreary, Pulaski, Russell, Taylor and Wayne Counties in Kentucky, but with the flexibility to expand its service area to other parts of south-central Kentucky as nearby communities express interest in utilizing the Foundation's administrative capabilities; and create funds to serve additional counties. Income from the permanently endowed funds will provide grants in the fields of community and economic development, education, health and human services, the arts, public recreation and beautification in perpetuity.
The Lake Area Foundation Board of Directors recognizes that people were created with the inherent desire to make a difference and to leave a legacy. Lake Area Foundation was created as a vehicle to administer endowed funds which will continue charitable support on behalf of the donor for generations to come.
The Lake Area Foundation exists because "What we do for ourselves dies with us; what we do for others and the world remains and is immortal".
"For Good, Forever."