Fred Smith: Inheritance

Fred Smith

When my father died I was named the executor of the estate. While I had read through some articles on the subject, I was not prepared for the actual work required of me for the next full year. I could not have imagined the complexity involved and the maddening experiences of dealing with investments, insurance companies, real estate investments, tax forms and inventories. At times, I felt surround ...[Read More]

Fred Smith: The Land of Opportunity

Fred Smith

Kyle Penney at the East Texas Communities Foundation has created an interesting and insightful study of the transfer of wealth that is going on in East Texas and will last for at least the next 50 years. While the total transfer in the United States is in the trillions of dollars, the numbers for East Texas are also remarkable. Kyle estimates that over the next 10 years, almost $21 billion will tr ...[Read More]

The Overhead Question

The Overhead Question

Once when I worked at the East Texas Crisis Center, I received a call from a potential donor named Ray who had been referred to us by friends while playing golf. Ray was new in the area and wanted to visit with me and learn more about the Crisis Center. At that point in my career, I had told our story many times. However, I was unprepared for Ray’s questions, which were mostly financial and focuse ...[Read More]

No Secret Recipe

No Secret Recipe

Wouldn’t it be great if you could go online and find a recipe for effective philanthropy that resulted in the perfect gift every time? It would be wonderful to do away with the anxiety of not knowing if your gift accomplished what you hoped for – or even worse – the disappointment of learning it did not. Every cook knows that finding the perfect recipe takes a good bit of trial and err ...[Read More]

Fred Smith: The Next 10 Years in East Texas

Fred Smith

In 1952 a minister, Sam Shoemaker, told Pittsburgh, Pennsylvania city leaders that “one day Pittsburgh will be more famous for God than steel.”  That was quite a statement to make at the time.  Pittsburgh was the steel capital of the world.  It wasn’t a boast or a point of unhealthy pride for Sam.  It was recognition on his part that something was happening in Pittsburgh that was good and growing. ...[Read More]

We’re Going All the Way

We’re Going All the Way

“If you’re going to try, go all the way. Otherwise don’t even start.” Writer and poet Charles Bukowski said it very succinctly. Start and go all the way. We’re doing exactly that, we’re starting something new – Your Philanthropy – and we’re going all the way. There is much to be said about Your Philanthropy, but for the sake of brevity, I’m going to encourage you to check out the new website ...[Read More]

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