Tag

Frugal

All articles tagged with #frugal

philanthropy2 years ago

Indiana Man's $13M Charity Bequest Leaves No Names

An Indiana man, Terry Kahn, who lived a frugal life and had no immediate family, left behind a $13 million fortune in his will to be donated to charity. However, he did not specify any particular organizations, leaving his attorney, Dwayne Isaacs, to cold-call local nonprofits and offer them millions. Some organizations initially thought it was a scam and missed out on the unorthodox bequest. Despite the challenges, several nonprofits received substantial donations, including a free store for educators and an organization supporting domestic violence survivors. Kahn's attorney believes his client would be pleased with the outcome.

heartwarming2 years ago

"Generous Indianapolis Man Donates $13 Million to Charities"

An "unbelievably frugal" man named Terry Kahn from Indianapolis left behind a $13 million estate to charities after his death. Kahn, who had no immediate family, lived a modest life and was known for his frugality. In his will, he didn't specify which charities should receive the money, so attorney Dwayne Isaacs reached out to various nonprofits in the area. About a dozen organizations, including Teachers' Treasures, received a share of the estate, with some receiving over a million dollars. Kahn's generosity has left a lasting impact on these nonprofits and their beneficiaries.