Phyllis Irene Wright was born in 1923, grew up in the Mohawk area, and graduated from Mt. Comfort High School in 1941. She was well-known in the community, particularly in the agriculture community. She lived on her family’s farm and possessed great expertise in grain marketing and merchandising. Phyllis worked at the Board of Trade in Indianapolis for the major part of her career. She also worked at Maxwell Grain Elevator and Hancock County Tractor where she was a friendly, helpful presence to all whom she served. Phyllis was an active member of Mohawk United Methodist Church and enjoyed volunteering at Hancock Regional Hospital.
Little did Phyllis know, when she signed a fund agreement in 1998, that the assets she committed as a future gift would grow as they did. On May 2nd, Ron Wyatt, who served as the estate executor, hand delivered the remainder of a $1.7 million gift and shared with the HCCF Finance Committee how very special Phyllis was to all who knew her and how pleased she would be to know the impact her gift will make in the lives of those pursuing higher education. The purpose of The Phyllis Wright Scholarship Endowment Fund, a component fund of HCCF, is to generate grants for scholarships. Those scholarships will be awarded to past graduates or graduating students from Greenfield-Central and Mt. Vernon High Schools who are on their journey to obtain a post-secondary credential whether it be a certification, associate or bachelor’s degree.
John Apple, her estate planning attorney shared, “Now Phyllis would not want you to make a fuss over her. That’s just the way she was.” Although HCCF knew that Miss Wright had made arrangements for a scholarship fund at HCCF as a beneficiary of her will, the amount of the gift was an unexpected surprise and one to make a BIG fuss about!
Miss Wright departed this earth on July 20, 2013, but her presence will forever be remembered. Not surprisingly, Phyllis was known by all her friends and family as a very caring person. Indeed, the trait for which she will be most remembered will live on in perpetuity….thanks to her incredible gift.
FOLLOWING MISS WRIGHT’S EXAMPLE
Have you thought about how you might leave the world a better place? Careful life planning can produce wonderful results for your family and for causes you care about. Like Miss Wright, part of that planning may include a philanthropic element. To create a perpetual impact, you can name a permanent fund at HCCF as a beneficiary or contingent beneficiary in your will or estate plan. Even simpler, you may designate a percentage of an asset like a retirement account, insurance benefit, or revocable trust [delete comma] to be gifted. Sample language:
“I give (a specific $ sum) or (percentage of my estate/retirement account/etc.) or (number of shares of stock) to the __________ Fund, a component fund of the Hancock County Community Foundation, ID #35-1837729, located at 312 E. Main Street, Greenfield, Indiana.”
These are many options that are simple and inexpensive. More complex gifting instruments like charitable gift annuities and trusts can provide you with lifetime income with the remainder benefitting your favorite charitable organization or cause. We’re here to work with you and your professional advisor to help you accomplish your philanthropic objectives while caring for your family when you’re gone. Visit HCCF’s website and click the “Give Tomorrow” tab or call Mary Gibble, President for more information on how to create a permanent fund today that will leave a legacy tomorrow.