Originally built between 1803-1806 to serve as an inn, the property became the home of politician and businessman, Robert S. Todd in 1832. Daughter Mary Todd, born in December1818, resided here until she moved to Springfield, Illinois in 1839 to live with her elder sister. There she met and married Abraham Lincoln, whom she brought to visit this home in the fall of 1847. Today, the 14 room house contains period furniture, family portraits and furnishings from the Todds as well as the Lincolns.
Well-financed, well-governed, and well-respected KMPF will serve well a wide variety of constituencies, as it honors its past and leads into the future. To achieve that vision, KMPF will strengthen its financial base, expand its educational services, increase its involvement in the community, and encourage a culture of innovation. It will be nationally known for its professionalism, programming, and preservation.
* Create a culture of innovation in all areas while honoring tradition
* Be actively involved and engaged in our community to increase our relevancy and better serve stakeholders
* Expand and energize educational programming, with an emphasis on entertainment, authenticity, and historical experience
* Ensure a sustainable future for KMPF through financial stability, security, and growth
* Maintain the highest levels of best practices and standards in preservation, education, and governance
* Honor professionalism and our role as stewards, becoming a model for others
Individuals on the Board of Directors of Kentucky Mansions Preservation Foundation serve the best interests of the organization, accept responsibility for decisions made, undertake an active role in projects and programs, and promote the mission of the organization. The responsibilities and expectations of board members are as follows:
1. The Board will govern KMPF for the purpose for which it was incorporated, as a non-profit educational institution.
2. The Board will ensure the fulfillment of legal requirements, including annual reports to the state, filing federal income tax returns, and fulfilling contracts of the organization.
3. Board members will ensure the financial well being of the organization, including fundraising and overseeing financial management. Individual Board Members, as well as the Board as an entity, are responsible for fundraising.
4. Each board member is expected to set an example by making financial contributions to the organization. At a minimum, board members should maintain a Voting Membership and pay the appropriate dues annually. (Bylaws, Article III, Item 12)
5. Each board member will attend the Board meetings (six regularly scheduled board meetings, the Annual meeting, and ad hoc meetings). Each board member will be available for phone and email consultations. Two consecutive meetings missed without prior notification will constitute a de facto resignation.
6. Each board member is expected to sit on committees, participate in committee work, and attend committee meetings. Committee chairs will present a committee report at each regularly scheduled board meeting.
7. Board members represent the organization in the community. Each Board Member shares the responsibility of identifying and recruiting future candidates for the Board and general membership.
8. Board members must understand their fiduciary responsibility to protect the best interest of the organization in good faith and on an informed basis. Board members will exercise reasonable care when making decisions as a steward of the organization and attempt to be fully informed so that this responsibility may be fulfilled.
9. Board members will have undivided loyalty when making a decision for the organization. She/he will never use information obtained for personal or professional gain, and will act in the best interest of the organization.
Indirect Public Support HelpIndirect public support represents revenue received through solicitation campaigns. This includes funding United Way and other federated fundraising organizations, but does not include donor designated contributions.
Earned Revenue HelpEarned revenue represents income generated in direct exchange for a product or service.Earned income includes income from government contracts.
Prior to 2012, the Mary Todd Lincoln House was the only property operated by Kentucky Mansions Preservation Foundation (KMPF). KMPF owns the tangible property and collections of the Mary Todd Lincoln House. The real property of MTL House is owned by the Commonwealth of Kentucky. KMPF has a long term lease agreement with the state whereby KMPF is entirely responsible for the maintenance and operation of MTL House. KMPF does not receive direct support from the state. However, as the owner of the real property, the state does carry the insurance coverage on the real property.
KMPF's 990s and financial compilations prior to 2012 reflect assets, income, and expenses soley for the Mary Todd Todd Lincoln House since that was the only property operated by KMPF at that time. In March 2012, KMPF was gifted the real property known as Helm Place as well as the tangible property housed therein. Therefore KMPF's 990s and financial compilations for FYE 2012 and FYE 2013 reflect the assets, revenues, and expenses of both the Mary Todd Lincoln House and Helm Place.
Copyright © 2014 Blue Grass Community Foundation
499 East High Street, Lexington, KY 40507