USALife.info / NEWS / 2023 / 12 / 10 / UNBELIEVABLY FRUGAL INDIANA MAN LEAVES $13M TO CHARITY, BUT OMITS NAMES
 NEWS   TOP   TAGS   ARCHIVE   TODAY   ES 

Unbelievably Frugal Indiana Man Leaves $13M to Charity, But Omits Names

05:33 10.12.2023

An Indianapolis resident named Terry Kahn, who worked for the Veterans Administration for 30 years, recently passed away and left a staggering $13 million to charity in his will. However, Kahn did not specify which organizations should receive his generous bequest, leaving his attorney, Dwayne Isaacs, with the challenging task of distributing the funds. Isaacs, who described Kahn as "unbelievably frugal," embarked on a cold-calling mission to find deserving nonprofits interested in accepting the substantial donations.

Unfortunately, Isaacs' unconventional approach left some organizations skeptical, with their hesitation resulting in missed opportunities. Several nonprofits dismissed his calls, mistakenly perceiving them as potential scams and unknowingly forfeiting a share of the unclaimed fortune. However, those that did take Isaacs' call were astounded by the unexpected offer. Emmy Hildebrand, CEO of Helping Veterans and Families of Indiana, recounted her surprise when Isaacs asked, "What would you do with $1 million?" She and others who accepted the attorney's proposition were left in awe of Kahn's selfless act, feeling both honored and overwhelmed by the unexpected windfall.

One such grateful recipient was Margaret Sheehan, the executive director of Teachers' Treasures, a free store providing classroom supplies to educators in need. Her nonprofit received an extraordinary sum of $1.5 million, which is approximately double their usual annual budget. The unexpected donation left Sheehan and her team in a state of disbelief. She recalled, "It was an act of amazing kindness to which I responded, "I need to sit down.' We hovered above our own bodies, thinking, like, is this real?"

Julie Henson, the vice president of development for Coburn Place, which supports survivors of domestic violence, also received a call from Isaacs. While the amount her organization received was not disclosed, the impact of Kahn's generosity was immense. Recognizing the tremendous impact Kahn's bequest will have on countless lives, Henson expressed her gratitude, stating, "Forever changed because of his choice and how he lived."

Isaacs shared insights into Kahn's modest lifestyle, explaining that he resided in a modest home, drove an old Honda, and even requested that no money be spent on a death announcement. This frugality was consistent with Kahn's approach to life, as he was determined to allocate his wealth to charitable causes. Isaacs believes that Kahn would find great satisfaction in knowing that his fortune will positively impact numerous individuals and communities.

In conclusion, Terry Kahn's unexpected fortune has left a lasting impact on numerous nonprofits in Indianapolis. Despite not specifying his intended recipients in his will, Kahn's attorney, Dwayne Isaacs, embarked on a mission to distribute the funds to deserving organizations. While some organizations initially dismissed Isaacs' calls, those that accepted were left astounded and grateful for the unexpected windfall. Kahn's selfless act of leaving $13 million to charity has forever changed the lives of countless individuals, and his legacy will continue to inspire acts of kindness and generosity throughout the community.

/ Sunday, December 10, 2023, 5:33 AM /

themes:  Indiana



20/05/2024    info@usalife.info
All rights to the materials belong to the sources indicated under the heading of each news and their authors.
RSS