Creating a Community Legacy
John and Gloria Golden's love for the Town of Hyde Park is evident in everything they do. They've served on numerous committees, organized too many projects to count and often made gifts to ensure that key initiatives and activities came to fruition.
Gloria credits John's wonderful childhood growing up in Hyde Park, with its rich history, and their shared experiences for their love of Hyde Park. He met Gloria when her father became the rector at St. James' Episcopal Church and the family moved into town after World War II. They were married in 1950 and have had their fingers on the pulse of the community ever since.
When the Goldens began their estate planning, John says they had always planned to include a gift for the town in the future. But when they found out about the IRA Charitable Rollover provision that would allow them to make a gift of up to $100,000 directly from an IRA to a charity without any tax payments, they decided to start their giving sooner, rather than later. Continuing their dedication to the community, they established the John and Gloria Golden Fund for Hyde Park. The fund supports non-profit organizations and programs that benefit and improve the quality of life in Hyde Park.
"We've been blessed with living in this community, we've done well here. This is an opportunity to give something back. We want to leave a legacy for the town so that good things can continue to happen, forever." By creating a fund that grows through the Foundations' investment strategies, John and Gloria have ensured just that.