Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Penny pincher, coupon user and refused to own a cell phone but left millions to charities:
Quote:
Although Kahn had already instructed Isaacs on where to find his documents once he died, he wouldn’t reveal his net worth until pressed to do so in the last month of his life. While Isaacs and McLarren knew that Kahn was a prodigious saver, they were floored when they saw the numbers. Kahn was worth more than $13 million. A small portion of Kahn’s fortune stemmed from his inheritance, but he had also been a savvy investor. “It blew my doors away,” McLarren says.
He worked at the VA so I'm assuming most of his money was in the thrift savings plan. Just a few index type funds and target date funds so nothing exotic. He left an amazing gift to smaller charities who I hope are as good stewards of the funds as the donor.
It sounds like there is a good chance that the donations will be used wisely, as they are going to local charities that have to say how the plan to use the money.
When I donate, it's typical smaller local charities. I feel the big ones have much larger operating expenses and I'm not sure if my dollars are going to the purpose and not the operating costs.
When I donate, it's typical smaller local charities...
I agree.
We do QCDs every year to mostly local organizations.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
