Please Donate To The Kenny McKinley Trust Fund
by John Bena on Sep 22, 2010 11:28 AM MDT
in Denver Broncos in the News
Email
PrintThe NFLPA has set up a trust fund to help the son of Kenny McKinley with future expenses. The true victim in all of this is Keon McKinley who didn't deserve so early in life the events of the past couple of days.
Several people have asked for a way to help so I decided to provide one. 100% of all donations using the button below will go to the Kenny McKinley Trust Fund, minus any transfer fees charged by PayPal. I will keep the donation button active until October 1st.
You can also send a donation to this address:
Kenny McKinley’s Trust Fund
c/o NFL Players Assoc.
1133 20th Street, NW
Washington, DC 20036
I often get asked what people can do to thank me, and the other contributors, for having a place like MHR to go hang out and talk about the Broncos. This is the perfect way to thank me - and help a member of Broncos Country.
If you have any questions, please email me at MILEHIGHREPORT@GMAIL.COM
Thank you!
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Just wondering... don't hate.
1) Do NFL players get life insurance that pays out to their children? I get paid less than 1/10 of the average yearly salary for an NFLer, and I have life insurance.
2) Choosing to donate to a pro athelete’s child when there are MILLIONS of starving children in the world that could greatly benefit from your $5 seems a bit strange. Kenny made more money in 2 years than I did in a decade. I think his kid will be okay. He won’t starve to death. According to Wiki: On the average, 1 child dies every 5 seconds as a result, either directly or indirectly, of hunger – 700 every hour – 16 000 each day – 6 million each year – 60% of all child deaths (2002-2008 estimates).
3) If you want your $5 to go something more related to Kenny’s suicide, then I’d rather these donations go towards depression research and suicide prevention programs. If Kenny’s issue was better understood, he’d still be with us and his child would still have a father.
This donation thing is full of heart, just maybe pointed in the wrong direction.
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WWTTD?
by SinDonor on Sep 22, 2010 11:51 AM MDT reply actions 1 recs
I won't disagree with any of that...
I really won’t. I am just trying to do something, using the vehicle that is given, without making a political or social statement that makes it appear I am on a soapbox.
The NFLPA set up a trust fund – of which the Broncos will also make a donation – to help. I figured I would create an organized effort. This whole situation sucks and no matter where our $5 goes, it won’t bring Kenny back or bring a father back to this 1-year old child.
I definitely appreciate your opinion.
-TSG
SBNation's Denver Broncos Blogger
MileHighReport
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I understand.
We’re all sad we lost another Bronco again. It is really tough considering he was well-liked, had a good future if he could recover from his injuries, and had a child.
I was just pointing out a few things for all of us to consider before we opened our wallets. Donating money to anyone who needs it is a good thing, there are just some in this world who need it much more than others.
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WWTTD?
Thx
I was just trying to offer an alternative opinion to people who felt like being generous.
I’m researching charities right now for suicide prevention and depression research and will make the donation in memory of Kenny McKinley.
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WWTTD?
Here are a few of the larger organizations.
I’ve done a bit of research and I think we’d be safe donating to one of these three organizations:
American Foundation for Suicide Prevention:
They are one of the leading Suicide Prevention organizations in the country.
Suicide Prevention Hotline
http://www.suicidepreventionlifeline.org/GetInvolved/Default.aspx
Another major organization devoted to helping people in depression.
National Institute of Mental Health
http://www.nimh.nih.gov/about/connect-with-nimh/contribute-to-the-gift-fund.shtml
Although they are funded by our gov’t already, they still need more funds to help in certain areas of their organization.
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WWTTD?
I think hijacking this post to benefit other charities is entirely inappropriate.
This is for a 1 year old little boy man…
How do you think people would respond to someone going to a Breast Cancer awareness gathering and donation to promote Feed the Children as a more worthy cause to donate their money too?
I have flagged this comment as such.
Verbose in style, dispersion of thought, procrastination in life.
The guy formerly known as ZAPPA
Really??
Hijacking? I don’t understand why you are so upset. You can disagree with me, but I’ve listed some good alternative charities, for people LIKE ME, who don’t think sending money to a pro-athelete’s kid is the best way to donate. The charities I’ve listed will help more than just 1 boy out in this type of tragedy.
I wouldn’t be surprised if 90% of the people that read this won’t donate anything to any charity or trust-fund, that’s their perogative and I won’t judge. Anyone can do what they choose with their money.
On that note: I will donate to a cause that works to prevent tragedies like Kenny’s. So, if there are Broncos fans out there who agree with my thoughts about this issue, then I’ve offered an alternative option instead of just doing nothing at all.
Flag all you want, I think your emotions on the issue are clouding your judgement.
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WWTTD?
It's the way you presented your opposition.
This isn’t about solving the worlds problems as much as it was about making sure the victim in this tragedy is taken care of.
A second year fifth round draft pick is not going to be leaving behind a fortune, more than likely, only debt will be left behind.
I would rather donate to a singular person who will get nearly every penny than to some monolithic organization who will have to pay for all their Administrative costs, etc. Though I support many non-profits, this post was about Keon and because you don’t think Keon is worthy of a donation, you peddled your own charitable organizations. So yes, this entire thread has sparked an emotional response from me.
Next time you go to a Breast Cancer fund raiser, be sure to peddle some other charities to donate too. See how that goes over.
Verbose in style, dispersion of thought, procrastination in life.
The guy formerly known as ZAPPA
you know, if you had presented your idea differently, perhaps it wouldn't have pissed me off so much.
“This donation thing is full of heart, just maybe pointed in the wrong direction.”
Perhaps saying,
“Our hearts are with Keon and if you are feeling even more charitable, look into these organizations: etc etc etc”
You didn’t do that. You marginalized Keon’s situation to peddle those large “non-profits” who have lots of overhead to pay for, instead of a trust fund that will benefit Keon nearly 100%. That’s where my issue came from.
My judgement isn’t clouded either…it’s perfectly clear. 100% of my money goes to a victim…rather than, what?, 15% that would go to any of the orgs you listed?
Verbose in style, dispersion of thought, procrastination in life.
The guy formerly known as ZAPPA
Tim
I am sorry you got so upset about this. There is no way for me to express my personal feelings without creating an uproar.
I do believe the larger issue needs more attention. I don’t believe that young boy will be left without love and care.
Take a breath and back away from the keybord ( KK gets credit for that).
Opinions are like......, Well anyway, this is mine.
Don’t worry about it. As an ignorant redneck, I’m qualified to say that.
I couldn't disagree more.
Without getting too political, a donation to Keon will make far more of a difference in his life than any donation amount to a starving child in the Third World. You have to look at cause and effect. What is the chief cause of that starvation in the Third World? I won’t answer that because its a political answer, but suffice to say…the $5 spent on Keon will go much further towards KEON than $5 donated to some Third World child who is hungry. The reason for that is that the cause of the hunger will not likely be dealt with any time soon and donating $5, of which maybe a few dimes actually makes it to the child, really does little to change the situation they are in. I am sure there are successful “causes”, but there is also much fraud in those organizations…
So for a person like me who distrusts “causes” of all sorts because they are mostly short-sighted and largely leech upon people’s goodwill, opening my wallet for Keon is much easier and far more palatable – as was the buying of a McDonalds value meal and the giving off all my change in my car to a young teenager holding a cardboard sign on the corner last week.
Just my two cents. I doubt I’ll sway anyones opinion any more than your comment will. Each person is free to view this issue differently. I’m not saying your view is wrong or bad…I’m just saying I disagree and why. Too each his own. :) However, there is no denying that Keon is the victim here and the tug at my heart is too great to bear, especially when I look at my own 10 yr old and 9 month old…
Oh, and I am pretty sure that no Life Insurance Policy on Earth covers deliberate suicide.
Verbose in style, dispersion of thought, procrastination in life.
The guy formerly known as ZAPPA
I pitched in but out of curiosity how do trust funds work?
Will this money sit in an account gaining interest until he reaches a certain age when he can use it? Just wondering.
Some people got nothing to be angry about so they're angry about nothing. - Doug Stanhope
I never submitted the whole system of my opinions to the creed of any party of men whatever in religion, in philosophy, in politics, or in anything else where I was capable of thinking for myself. - Thomas Jefferson
I guess more specifically, how is this one going to work?
Some people got nothing to be angry about so they're angry about nothing. - Doug Stanhope
I never submitted the whole system of my opinions to the creed of any party of men whatever in religion, in philosophy, in politics, or in anything else where I was capable of thinking for myself. - Thomas Jefferson
by MrFNSunshine on Sep 22, 2010 12:08 PM MDT up reply actions
It will go to specifically help with...
health and educational needs – in essence, the idea is to make sure this kid gets all the help he needs…
-TSG
SBNation's Denver Broncos Blogger
MileHighReport
Questions, Comments...E-Mail Me!
milehighreport@gmail.com
or
Call Me! (303)731-5605
Follow MHR on Twitter!
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XBox Gamertag - MileHighReport
Playstation Gamertag - TheSportsGuru
Trust Funds
First, while there are many deserving potential recipients of well-intended donations, people tend to select who they give to based upon personal preference and any connection that they may have or are persuaded to have with a particular recipient. There are so many choices its hard to know where the best place is to give all things being equal. But all things are not equal and people are most motivated to give to causes close to home, by home I mean what touches them most. This cause touches Broncos fans because it is close to “home.”
Second, a trust is a method of establishing a system to provide for the accumulation of assets and distribution of those assets according to the terms of the trust and managed by a trustee. In other words, the NFLPA will set up a trust system and decide who will be the manager of the trust and what to do with the proceeds of the trust, specific directions on how to provide for the care and education of Keon McKinley. There are approved conservative investments that the trust can place the money in, usually called widows and orphans funds, not just interest bearing accounts. It probably also will provide for some distribution for Keon while he is growing up for medical expenses and educational expenses prior to college. It may also provide for a payout to Keon at a certain age, most likely after college age (21 to 25) so it can help pay for his college expenses if there is enough money in it. What Kenny earned and any other assets he had would be paid based upon a will, if he had one, or state death laws, if he did not. Life insurance would be paid based upon who was designated as the beneficiary. Kenny’s investments would be given to whoever was the beneficiary named in his investments (like life insurance).
by opinion8r on Sep 22, 2010 12:38 PM MDT up reply actions 1 recs
So there is actual life insurance that covers suicide?
Verbose in style, dispersion of thought, procrastination in life.
The guy formerly known as ZAPPA
Sometimes
http://wiki.answers.com/Q/Can_your_beneficiary_collect_life-insurance_benefits_after_your_suicide
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WWTTD?
Depends
on the policy and how the exclusions are written and how long the policy has been in effect. Maybe there is an insurance knowledgeable fan out there that can explain further. It seems he died of acute depression manifested by suicide. That’s a disease.
Many policies do, at least in CO
It varies from state to state, but there is typically a 1-3yr “cool down” period before it would be covered. I sell insurance in CO.
by rollinthunder on Sep 22, 2010 1:49 PM MDT up reply actions
Yep
I sell insurance in Germany and here it is no other. Normally the first 3 years suicide is not covered, but afterwards.
You gotta love this fanbase.
Experts at your fingertips.
Yeah, it's great :)
Whatever the theme or problem is, there is someone who is an expert in it :)
We definitely are the best family in the internet :)
Ha it's not very often insurance comes up on sports blogs
So I jumped at the chance to contribute lol
by rollinthunder on Sep 22, 2010 4:05 PM MDT up reply actions
Thanks for the in-depth explanation.
Some people got nothing to be angry about so they're angry about nothing. - Doug Stanhope
I never submitted the whole system of my opinions to the creed of any party of men whatever in religion, in philosophy, in politics, or in anything else where I was capable of thinking for myself. - Thomas Jefferson
by MrFNSunshine on Sep 22, 2010 2:57 PM MDT up reply actions
maybe
an unpopular opinion.
I just can’t get behind this. Where is the mother? Many children are raised by mothers with no father to help.
Suicide is no option. I am sorry if this upsets anyone but donating to support a child because his father killed himself is probably the worst choice that can be made.
There are many people that need help. There are better choices. Don’t give anyone the idea thtat suicide may be the way to give up and think their family will get help.
Opinions are like......, Well anyway, this is mine.
Don’t worry about it. As an ignorant redneck, I’m qualified to say that.
Than don't donate
or better yet, donate somewhere else. I for one did donate and here is why:
I have always thought of the Broncos and their fans as an extended family. Like family, I care about what is happening in their lives. I share in their struggles and triumphs and it’s what makes this team unique. When a family member is in trouble, I want to help. Suicide, homicide, or medical conditions, it doesn’t matter. It’s too late for me to help Kinney, but I can help his son. I want his son to know how much his father meant to Bronco country. It’s not about the dollar amount or what Keon will end up doing with it. It is an act of kindness to show him that his father was part of something special and we the fans appreciated it.
I was also encouraged to donate simply because John Bena said that this is a way to support MHR. I love this site and if donating helps show my support I will gladly oblige.
Please do not take this personally as this is not an attack on you. Just as you feel strongly against this and gave your valid reasons, I feel that this is important for me and I’m simply stating why.
by rollinthunder on Sep 28, 2010 12:28 PM MDT up reply actions
oorah
Brother, oorah!
Opinions are like......, Well anyway, this is mine.
Don’t worry about it. As an ignorant redneck, I’m qualified to say that.
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