Frugal Man's Surprise $3.8 Million Gift Transforms Small New Hampshire Town
A man who lived frugally in a small New Hampshire town left an unexpected gift of $3.8 million to the community after his death. Geoffrey Holt, who lived simply and on social security checks, left his fortune to the town of Hinsdale through a trust fund he established in 2001. The funds will be managed by the New Hampshire Charitable Foundation and used to support projects, programs, and organizations that benefit the residents of Hinsdale. The town is considering using the funds for various purposes, including purchasing an electronic voting machine and fixing the town hall clock. Holt's generosity has the potential to be transformational for the small community.