Ruby Pendergrass Cornwell used a bequest from her will to fully endow her fund.
One week (or so) into the new year, we’re all full of high hopes for the year ahead – unless you’ve already broken your 2016 resolution.
Rather than conjecture what the year will bring, for now, let’s look back at a few Funds that keep the spirits of some dear friends alive among us.
- When Barbara Pearlstine passed away in 1997, her will left money to create “The Best Friend Endowment” at CCF for her best friend in life to recommend grants to the charities most important to her.
- Margaret McElveen created The Margaret L. and Charles L. McElveen, Jr. Endowment with IRA assets, saving estate taxes. After her death, their three sons began taking turns recommending grants from the endowment.
- The Ruby Pendergrass Cornwell Endowment, begun in her honor by The Links of Charleston, was fully endowed with a bequest from Ruby’s will. It has given grant support every year to bring the arts to youth, as Ruby wished.
- The Rev. Dr. Benjamin J. Whipper Fund was begun by his widow, Lucille, who recommends grants every year in his memory.
- Harriet and Herbert Keyserling created a Fund with us when they were both vibrant and healthy. With Harriet’s passing in 2010, their four children inherited the right to recommend grants from the Fund for the rest of their lives.
So what’s one new year’s resolution we know we can keep? We’ll be here in 2016, 2017 and beyond to help you give to the causes you care most about, in honor of those you love most.
To learn about starting a fund at Coastal Community Foundation, please contact Director of Development Steffanie Dohn at steffanie@coastalcommunityfoundation.org or (843) 793-6034.
