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Testamentary Funds

Testamentary Funds

Bonnie Pfennighaus and Louise Baraw, both career nurses, love the Outer Banks, and were looking for a way to make their mark on a community that has given them so much joy in their retirement years. They ultimately decided that giving back through bequests in their wills, and using those gifts to create lasting endowments, would be the perfect expression of their love and caring.

Louise had been a pediatric nurse, and Bonnie a critical care nurse when they lived in Boston. They came to their profession from different places, but for both, it was the opportunity to help others that seemed to motivate them.

"I knew I wanted to help take care of people," Louise said. "There was no question what I was going to do. I wanted to take care of kids. It was a heartbreakingly wonderful job. You had to remember that you could cry with the parents. You were still human."

Since retiring to the Outer Banks they have volunteered for a number of community causes, including the Southern Shores Volunteer Fire Department, their church, Kitty Hawk United Methodist, and Food for Thought, a volunteer organization that packs lunches for Dare County school children.

The act of giving back—and assuring that their legacy of caring will continue—had become important to the two of them. They decided to establish a scholarship fund at the Outer Banks Community Foundation that will be endowed by their wills. "It will be a renewable scholarship," Bonnie explained, "for a BS in nursing."

The friends went beyond setting up an endowment for a nursing scholarship; they also have created legacy endowments through the Community Foundation in their wills for Food for Thought and the Outer Banks SPCA.

Through their testamentary gifts, Bonnie and Louise are happy in knowing their legacy of caring for others will continue far into the future.

Is a charitable bequest right for you?

We have resources that will help you learn more about bequests. Click here to review sample bequest language. You will see how easy it is to include a bequest in your will or trust.

You might find it helpful to print this page and the bequest language. Please feel free to give this information to your attorney. If he or she has any questions, please contact us.

Click here to learn more about the types of funds we offer.

*Since your benefits may be different, you may want to click here to view an example of your benefits.

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