All Episodes

March 11, 2025 15 mins

Greater Manhattan Community Foundation founder Mark Knackendoffel shares how recognizing philanthropy drives more charitable giving and strengthens the community. The GMCF has exceeded all expectations in its 25-year journey, providing structure, discipline, and support to local organizations while avoiding direct competition in fundraising.

• Community Foundation Awards bring visibility to worthy causes and inspire others to contribute
• GMCF was created to provide structure and discipline to philanthropic efforts, not to be a direct fundraiser
• The foundation reached its "10 in 10" goal ($10 million in 10 years) in just 7-8 years
• Trust Company actively encourages staff to take leadership roles in community organizations
• Community involvement provides leadership development opportunities that benefit both organizations and businesses
• Foundation affiliation gives nonprofits credibility with donors and ensures good stewardship

We love this town.


GMCF

CFAs

Mark as Played
Transcript

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Philanthropy Today is brought to you by the Greater
Manhattan Community Foundation.
In this episode we feature arecently broadcast segment of
the GMCF Community Hour as heardon NewsRadio KMAN.
It's now 1037.
This is the GMCF Community Houron NewsRadio KMAN.
Our next guest is here to talkprimarily about some of the

(00:25):
impacts of the CFAs and the GMCF.
He is one of the three that wecredit with getting the Greater
Manhattan Community Foundationstarted.
He is the CEO and founder ofthis trust company.
He is a well-known communityicon and just a great overall
dude.
His name is Mark Knockendoffeland I think this is the first
time we've had you in on theradio program.

(00:46):
I believe so.

Speaker 2 (00:47):
Yeah, you've been on a few podcasts.

Speaker 1 (00:49):
Yes, Philanthropy Today is the podcast.
Wherever you get your podcasts,we take these segments that we
do on the radio and now wecreate podcasts out of them.

Speaker 2 (00:57):
Oh great, yeah, yeah, that's really good, yeah.
So the CF, I would imagine.
Is there a list of them at somepoint?
You?

Speaker 1 (01:05):
just they're all listed there, whatever you go to
, to the ones you can pick andchoose who you want to listen to
.
You know, and the ones youdon't want to listen to
Wonderful, but they're alwayseducational, very informative.

(01:26):
So you know, you got this thingstarted here 25, 26 years ago,
you know, and this has been astory that we have shared and
it's also on our podcast seriesand YouTube channel.
But with the CommunityFoundation Awards and the annual
meeting tied in together, howdo you see this making a
difference in our community?

Speaker 2 (01:41):
Well, I think part of it is that it brings some
visibility to it on a largerscale, which can't do anything
but help in terms of promotingphilanthropy, and I think that's
kind of the.
You know, there are worthyfolks within the community and
organizations that are part ofthat celebration and that

(02:06):
celebration, I think, triggersmore philanthropy.
That's how we've determinedthat we want to promote it and
support it.

Speaker 1 (02:16):
Why do you think it's important that we recognize
philanthropy here on a locallevel?

Speaker 2 (02:21):
Well, again, I'll go back.
I think when you recognizesomething, you get more of it.
And in terms of support fororganizations, because a lot of
people, if they don't hear aboutit, they're not necessarily
going to go look for it on theirown.
And when they see, oh, oh, that, yeah, that makes sense, yeah,

(02:44):
I like that and I'll helpsupport it, you know, from a
donation standpoint or maybeit's volunteer efforts, things
like that.
And it also recognizes what Iwould call sort of best
practices.
When organizations are are, youknow, receiving awards, they're
doing something right andhopefully other organizations

(03:06):
can try to, you know, emulatethat.

Speaker 1 (03:09):
It does provide an initiative.
You know, and I you know, and Ithink it's probably safe to say
100% of those that work or notwork, let's just say, provide
funds through theirphilanthropic efforts.
They don't do it for therecognition, they do it because
it's the right thing to do fortheir community and the people

(03:30):
that they love and want to help.

Speaker 2 (03:31):
There are a lot of silent donors out there.
Aren't there, though?
Yeah?

Speaker 1 (03:34):
Yeah, you know, we and the ones that don't want
that you know, and I.
The name Phil Howell alwayskeeps coming to mind because he
wasn't one that did it.
He didn't.
I don't think he really enjoyedthe recognition.

Speaker 2 (03:47):
He was uncomfortable, but it was.

Speaker 1 (03:49):
But you know we do that not necessarily for the
donor, but we also do that forthose in the community to say
it's another way for them to saythank you.
We certainly appreciate whatyou do for our community and the
people that we work with.

Speaker 2 (04:03):
One of the other aspects of that is that, um,
I've always considered thecommunity foundation itself to
not it is a legal charitableorganization but it's not really
a fundraising entity.
It's there to support otherorganizations that are doing

(04:24):
fundraising and it provides,again, leverage and discipline.
Discipline and that was kind ofthe motivation that when Jim
Gordon and Jim Morris and I gottogether on this, that we said
we need something in thiscommunity that will provide some
structure to philanthropicefforts and help organizations,

(04:44):
and that's what the CommunityFoundation is there to do.
And so they don't.
And we consciously, when we gotstarted, we're not looking for
or to promote particular, youknow philanthropic efforts.

Speaker 1 (04:59):
You know just philanthropy in general that you
know, we've got a lot ofexperts around here, a lot of
people that do this and andenjoy doing this type of work
and guiding some of thesenonprofits to help with those
fundraising efforts and and notjust the fundraising efforts,

(05:21):
but the the financial side andand giving them advice as to
what's best practice for for useof that money that they've
raised Exactly and and seen thatwith respect to organizations
in the community, some good,some not so good.

Speaker 2 (05:42):
I remember early on the Manhattan Emergency Shelter
and I was on that board.
Oh gosh that had to be 35 yearsago and we received a bequest
um happened to be from a clientof ours and uh, um, and so
somebody on the board said, well, we ought to start a foundation

(06:04):
, and this was long before thecommunity foundation got started
.
But, um, we said, well, thatseems like a worthy effort, okay
, and so we got it set up andthe funds got deposited.
And then I remember Jan Markswas instrumental in that, and I
think Therese Miller maybe andmyself and I forget who else was

(06:25):
on it.
Anyway, we all cycled off theboard and then, the first time
they had some kind of financialemergency, they spent the whole,
the whole amount, and it wasn'tspent unwisely, it's just that
it didn't have the discipline to.
You know, they weren't in aposition to really have a
community foundation.
Now they they are, you know,one of the participants in the

(06:48):
community foundation, but youknow, it just provides some
discipline, I think, and somestructure and a good forum for
those agency directors and alsomaybe their board members and
maybe some of their donors tocollaborate on sort of best
practices for, you know,charitable initiatives.

(07:10):
We learn a lot of lessons alongthe way.

Speaker 1 (07:12):
Oh, absolutely.

Speaker 2 (07:13):
Yeah, I mean we screwed up on a few things.
That's part of the growthprocess, Absolutely.
You know, we're kind of one ofthese things where you kind of
go what were we thinking?
You?

Speaker 1 (07:24):
know, last year we celebrated our 25th anniversary
of the Community Foundation andyou know and one of the
questions I know that you'vebeen asked this and and probably
everybody else could youenvision 25, 26 years ago, when
you and the two gyms gottogether and talked about this,
that, uh, that the communityfoundation could be as strong

(07:45):
and vibrant and probably asfinancially stout as it is now?

Speaker 2 (07:52):
Not a chance.
I remember early on we'd beenin existence maybe two, three
years and we sort of did achallenge or had it.
We won the goal and I don'trecall who it was.
I know I supported the goal andbut I said, how about 10 in 10,
?
I know I supported the goal butI said how about 10 in 10, you

(08:13):
know to hit, you know, 10million in 10 years?
And I remember Jim Morrisonsaid, oh, never happened, never
happened.
And we made it into like sevenor eight.
You know.

Speaker 1 (08:23):
And so.

Speaker 2 (08:27):
It's always fun to prove Jim Morrison wrong, isn't
it?
It doesn't happen very often, Iknow it, I know it.
So again, one of my bestfriends.

Speaker 1 (08:33):
Yes, absolutely One of the great people in our
community, Gosh, we got a lot ofgreat people here don't we and?
That's part of why we have theCFAs, so that we can recognize
them and thank them for doing so.
So you're with the TrustCompany and I know how engaged
you and your employees and staffhere in your semi-retirement

(08:53):
have been involved in thecommunity.

Speaker 2 (08:56):
I'm not hardly even semi-retired yet, but looking
ahead, perhaps Okay, so you'vedownsized A little bit.

Speaker 1 (09:04):
You've got a 10% per year plan, don't you?

Speaker 2 (09:06):
Yeah, something like that.

Speaker 1 (09:09):
How does what is done here at the Community
Foundation align with yourpractices at the trust company?

Speaker 2 (09:20):
Well, one of the things that we strongly support
is engagement by our staffmembers, and we promote that, we
help pay for that.
Sometimes we'll add matches toyou know things that they want
to do.
The other thing is, not only dowe want people to join things,

(09:42):
we want them to be leaders,because that leadership, those
leadership opportunities, notonly help organizations but
makes them perfect theirleadership skills, as it might
relate to what we doprofessionally, right, and I
think there's sort of asymbiotic relationship there
that it benefits us as a company.

(10:03):
It also provides visibility topeople, but it also lets them
practice their leadership skills.

Speaker 1 (10:14):
I know that we look at our list of young trustees.
There's a bunch that haveconnections with the trust
company.
Yeah, we have had quite a few,that's that's what's that make
you feel?

Speaker 2 (10:25):
Good, you know, and and we've been very blessed,
we've hired a lot of greattalent and and then we, we
promote their you know, thedeployment of their leadership
skills and talents, and and theneventually, at some point you
know, for example, katie See,who is now president and
director of wealth managementand one of the when people talk

(10:49):
about my career, and I'mstarting to slow down just a
little bit, but I now only havetwo people that report to me,
which is great.
I've become kind of a yes man,so and but Katie was, I named
her president, and and and LouisSmith is our chief operating
officer, and so the team of uskind of make up the executive
committee of the of the company.

(11:09):
But Katie was just recognizedas the I'm trying to remember
what the exact title by thechamber, I think it's under 40.
No, no, it wasn't that exacttitle by the chamber.
I think it's under 40.
No, no, it wasn't that it was.

Speaker 1 (11:29):
She was recognized as the um young leaders.
Oh, yes, yeah, I forget theexact name of the title.

Speaker 2 (11:31):
Yeah, exactly, and uh , yeah, it was kind of the young
leaders award of the year orsomething like that.
So but and well-deserved, youknow she's, she's a rock star.

Speaker 1 (11:41):
One of the things we want to be able to do is, you
know, when we have thisinterview.
We'd like to say thank you foryour sponsorship of the CFAs,
but we also want us to give yourperspective on why you would
want to support the CFAs.

Speaker 2 (11:57):
Well, I think it goes back to what I said earlier.
I it it.
It helps promote philanthropyand that is one of the missions
of the Community Foundation.
Like I said, they're not acharity in and of themselves and
they don't, and I'm proud ofhow that legacy has continued on
with under Burns leadership.

(12:18):
They have stayed true to theirword to not be in the you know
fundraising business.
Now what they're here to do isto help other organizations that
are raising funds and thenthey'll get a little lift or
assistance from the communityfoundation itself.

(12:39):
And but it also provides somestructure, also kind of instant
credibility with donors.
You know, if they're tight, ifan organization's tied in with
the community foundation, theycan trust that that they are
well-run and and will be goodstewards of of those donated
funds.

Speaker 1 (12:58):
Well, it seems like there's just a lot of things
that you know.
The trust companies'perspectives on business are
really very much in line withwhat is done with the Greater
Manhattan Community Foundation.
Because you're A, you'redealing with money, you're
dealing with people's futures,you're advising them on a lot of
different things.

(13:18):
You may be a little bitdifferent than a lot of other
people that participate in thecommunity foundation because you
do bring that financial aspect,but you also bring that
community perspective that a lotof people may not necessarily
grasp early in their careers.
But you and your cohorts now atthe trust company, that's part

(13:43):
of your plan.

Speaker 2 (13:44):
It is yeah and uh, we think that uh makes for a
better, a better community and,and hopefully, a better company.

Speaker 1 (13:51):
Yeah.

Speaker 2 (13:52):
So, um, yeah, I'll look forward to seeing what, uh,
you know, happens over the, the, the longterm, you know, and
I'm just getting ready to turn70.
And so we'll see what, you know, the next 10 to 20 years looks
like.
Hopefully I'll still be workingsome.
I don't think I'll ever fullyretire.

Speaker 1 (14:11):
No, that's not in your MO.

Speaker 2 (14:13):
But yeah, that's kind of the Phil Howell model, you
know, and I don't know that heever fully retired.
So anyway, it'll be fun, butit's part of what drives you.
Oh, yeah, exactly, it's apassion for you, yeah.
I got you know.
I've heard of several friendswho've gotten bored in
retirement and I go, god, Ican't run.

(14:33):
I have so many differentinterests and and uh.
But you have flexibility inyour life.
Yes, I'm starting to get someof that.
But you have flexibility inyour life.
Yes, I'm starting to get someof that.
And Anne's been retired aboutthree years now, but she's as
busy as all get out because ofall the various boards she's on.
And after she retired, not onlywas she on those boards, then

(14:54):
she took on leadership roles andI think she's the chair of
maybe like four organizationsright now, and she's constantly
dealing with that.

Speaker 1 (15:02):
That's why your partner's in crime.

Speaker 2 (15:04):
Yep, very much so, Mark.

Speaker 1 (15:06):
Kadof.
Well, thank you for joining us.

Speaker 2 (15:09):
Thank you for your support of the CFA.
My pleasure you bet.

Speaker 1 (15:11):
And all the work you've done on behalf of the
Greater Manhattan Community.
Foundation and the community ingeneral.
Yeah we love this town.
Thanks, pretty obvious.
We'll be back, love this townThanks.
Pretty obvious.
We'll be back.
Vern's going to return.
Bring us some updates on somethings that are happening in the
community here in the next fewdays.
No-transcript.
Advertise With Us

Popular Podcasts

24/7 News: The Latest
Stuff You Should Know

Stuff You Should Know

If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.

Dateline NBC

Dateline NBC

Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.