Kate Kane Wins 2018 Distinguished Advisor in Philanthropy Award
SPRINGFIELD — The Community Foundation of Western Massachusetts, in partnership with the Estate Planning Council of Hampden County and the Pioneer Valley Estate Planning Council, has awarded Kate Kane the 2018 Distinguished Advisor in Philanthropy Award. The award was presented by Katie Allan Zobel, president and CEO of the Community Foundation, and Amy Jamrog, wealth management advisor at the Jamrog Group, at a luncheon on Jan. 9.
The purpose of the Distinguished Advisor in Philanthropy Award is to recognize the important work that professional advisors (estate-planning attorneys, financial advisors, and accountants) do in encouraging their clients to engage in local philanthropy for the region.
As Zobel noted, “professional advisors play a quiet and often unsung role in advancing philanthropy. The Community Foundation has been working alongside local advisors for over 25 years, and we see first-hand the meaningful work they do by connecting their clients’ generous intentions to needs in our community. Their efforts have helped create a significant base of funding for scholarships and grants to nonprofits in our region.”
Zobel also said she is pleased to be giving this award to its first female recipient. Past awardees include George Keady III, Dick Gaberman, Dennis Bidwell, Jack Ferriter, and Steven Schwartz. Kane received a plaque and $1,000 to recommend as a grant to the charity of her choice.
Kane is managing director of Northwestern Mutual in Springfield, where she matches clients’ needs with innovative solutions utilizing insurance services and internationally recognized investment products.
“Financial advising is a business of words and stories,” she said. “The numbers are simply tools to further the pursuit of hopes and dreams for ourselves, our families, and our communities. We give our clients the gift of listening to their stories and helping them connect with the right decisions to fulfill their aspirations and leave a legacy.”
Well-known for her volunteerism and philanthropic spirit, Kane is a former board member (2008-15) and past board president of the Women’s Fund of Western Massachusetts. She currently serves on the boards of directors for Elms College and Girls Inc. of Holyoke and is vice chair of the board of trustees for Springfield Museums. She co-wrote the original business plan for the local chapter of the Dress for Success, which supports the career and economic advancement of women, and she serves as a business mentor for many young entrepreneurs in the region.
Kane has been recognized with many awards in the past for her commitment to strengthening her community, including Affiliated Chambers of Commerce of Greater Springfield’s Richard J. Moriarty Citizen of the Year in 2015, Western Mass Women magazine’s Professional Woman of the Year in 2012, Professional Women’s Chamber Woman of the Year in 2011, and a BusinessWest Difference Maker in 2009.