“Gifts of Securities” Archive
Creating a Family Legacy
Mitzi created a Charitable Remainder Trust. This tax-exempt trust received ownership of her shares of the bank stock. The shares were then sold, and the proceeds from the sale were reinvested to generate income for Mitzi’s lifetime and allowed her to honor her own and her husband’s wishes to give back to their community after their lifetimes.
Siberts’ Challenge Grant Creates Endowment in Red Cloud
Frank and Shirley Sibert
An attitude of gratitude prompted Frank and Shirley Sibert, former longtime residents of Valentine, in north-central Nebraska, to give a $100,000 gift of appreciated securities to the Red Cloud Community Foundation Fund, an affiliated fund of the Nebraska Community Foundation and their hometown, in South Central Nebraska.