Giving something back to the Lockwood community has always been important to Fred and LaRue Lemons. Establishing the Fred and LaRue Lemons Family Charitable Fund with the Lockwood Community Foundation marks only their latest effort to give something back to the community that the couple has called home for more than fifty years.
The Lemons established the Fred and LaRue Lemons Family Charitable Fund as a donor advised fund in December 2006. However, the Lemons’ commitment to their community began long before this fund was established. In fact, service to the community has been an important family tradition for the Lemons. Mrs. Lemons was elected mayor of Lockwood on two separate occasions. Mr. Lemons served on the Lockwood board, and his daughter followed suit, becoming the fourth generation of her family elected to the home town school board.
In 1998, the Lemons and several other Lockwood residents established the Lockwood Community Foundation. One of the earliest Community Foundation of the Ozarks affiliate foundations, creating a fund for the community arts program became one of the first tasks for the Lockwood Community Foundation. The Lemons and the others then worked with the Lockwood schools to establish a fund to serve the needs of Lockwood’s students. The Lockwood Foundation broke ground in another area when they established the Schilling Scholarship Fund, one of the first life estates in the CFO network. Mr. Lemons is now the president of the Lockwood Community Foundation.
“Our community has been good to us and our family over the years, and we felt that we ought to pay the community back,” explained Mr. Lemons.
Establishing a donor advised fund offered the Lemons a great way to give even more back to their community. The Fred and LaRue Lemons Family Charitable Fund allows the Lemons to direct their charitable giving by making specific grant recommendations based on their interests or the needs of their community. Because donor advised funds are endowed funds, the Lemons’ Family Charitable Fund will be there in perpetuity and grow over time, maintaining the long standing family tradition of giving something back to the community.