Estate attorney becomes newest addition to Legacy's board

FALLBROOK – Legacy Endowment Community Foundation continues its outreach and growth to serve the philanthropic and financial security needs of those living in the Bonsall/Fallbrook area by adding more representation to its board of directors. This week, board chair Mark Hvasta announced the addition of Laura Holck, a Bonsall/Fallbrook estate attorney, following approval of her nomination at Legacy's most recent board meeting.

"Laura joined our grants committee last year, filling out a group of community volunteers who annually review grant request submissions to ensure Legacy's impartiality, depth of reach and scope of distribution," Hvasta said. "This was an excellent starting place for her to learn more about how Legacy Endowment supports nonprofit organizations primarily in our area as well as those in North County in general and beyond.

"Participating on the grants committee is also a great opportunity for volunteers to obtain an understanding of how Legacy supports the local community. Service on the grants committee provides a glimpse into how serving in a larger role (as a board member) could align with their personal values and fit into their professional lives," Hvasta said.

In her practice, Holck developed a strong rapport and deep trust with her clients over the years. She is focused on estate planning, will and trust preparation and managing probate when wills were not created. Her education background includes a bachelor's degree from the University of California Davis and a doctorate from the Thomas Jefferson School of Law.

Holck possesses a broad range of experience in the areas of estate planning and demonstrated a passion for providing her clients with the best possible information and services, Hvasta said. She is an active member of Rotary Club of Fallbrook and various legal professional organizations located throughout San Diego County and the state.

"Having a variety of professional sectors and civic leadership represented on our board means we have a great breadth of understanding as to what is needed for children, adults and families to recover and thrive, especially following a year of so many unknowns," Jean Larsen, executive director for Legacy Endowment, said. "Charities are providing vitally needed services and resources to meet community needs. Legacy's $14.6 million in invested assets resulted in an infusion of grant support totaling more than $350,000 last year.

"However, the annual distribution figure has been in excess of $500,000 in some years past and since Legacy's founding, more than $9 million in total has been distributed from our endowed, donor advised and scholarship funds. Legacy has great options for both lifetime and testamentary giving. Charitable Remainder Trusts present another opportunity for donors to make gifts that help the community while retaining an income stream for the rest of their life. There is nothing quite like contacting a charity to notify them that someone has made such a meaningful, financial choice. The only thing better is letting a charity know they will become a beneficiary before someone passes so that that person or couple can be recognized and acknowledged for this important, profound choice," Larsen said.

Founded in 1994, Legacy Endowment Community Foundation is 100% dedicated to representing the interests of its donors. Its donor-centric stewardship responsibilities focus on donors having a safe and productive investment haven for making charitable contributions to their favorite charities, even in challenging times. Yearslong analysis of their endowment performance demonstrate solid and consistent returns, and a recent analysis of their investment strategy shows a solid market recovery and significant gains from 2020's historic and turbulent year.

For more information about Legacy Endowment Community Foundation, visit http://Legacyendowment.org or contact 760-941-8646.

Submitted by Legacy Endowment Community Foundation.