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Legacy Stories

You, Too, Can Leave a Legacy

"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.

 

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