"We
want to leave a lasting gift. It's the right thing to do. We know that we are blessed."
Darnell
and Angelyn Clay are typical
hard-working Louisville residents. Their
priorities are raising their children, providing for
their family, working hard and enjoying life.
Darnell
and Angelyn Clay arnell was a manager at a local
shipping company where he worked for more than 20
years. He was preparing for retirement about the
time the company's stock went public.
Like many other long-time employees,
the Clays were heavily invested in the company's
stock. And after selling a percentage of their
stock back, the Clays were about to receive a large
sum of cash. Their tax attorneys encouraged them to
create a charitable trust.
As a part of the trust, the Clay's
designated six local non-profit organizations that
will receive a portion of their estate after they
die. "We selected six agencies that are important
to us," said Clay. "We want to leave a lasting
gift," he added. "It's the right thing to do," he
said. "We know that we are blessed."
"I've
always wanted to help my hometown
thrive and grow. Creating a permanent
endowment fund lets me know that the
causes I worked for throughout my life will continue to receive support long after I'm gone."
Joan Riehm
has been an active participant in community
affairs for over three decades. Her work in
communications, government and as a volunteer to
numerous civic organizations has made a positive
impact all over Louisville.
Because of her love of this community, Joan
has included a charitable bequest in her will to
create the Joan Riehm Fund for Greater
Louisville. The fund will provide annual
grants for her favorite charities, creating a
long-lasting legacy of support.
"I've always wanted to help my hometown
thrive and grow. Creating a permanent
endowment fund let me know that the causes I
worked for throughout my life would continue to
receive support long after I am gone." |
|
You
may not recognize Ray Fry at first, but he
has one of Louisville's most familiar faces. Ray
portrayed "Scrooge" in productions of a A
Christmas Carol for many years, but unlike his
selfish, penny-pinching character, Ray has a very
generous heart.He has included a charitable
bequest in his will that will establish two
permanent endowment funds: one will support programs
that provide AIDS patients with treatment,
counseling and education; the other fund will
provide financial assistance for students
participating in acting apprentice programs.
Ruth
Braeutigam is a retired school
teacher, having taught for over 40 years in the New
Albany - Floyd County School Corporation.
Through the years she has volunteered in her
community and supported her favorite charities. Her
desire was to continue her financial support of
those charities after her death. She established a
life income gift arrangement call a Gift Annuity.
That annuity after her death will create an
endowment fund, which in turn will provide a
perpetual gift to her favorite charities. |