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Unrestricted

Bill started a very successful business in Fort Myers in the 1950s. He and his wife Claudia raised their children in Southwest Florida, and watched it grow. They often discussed the changes taking place in the region. It seems like every few years the community's needs shifted. One year there was a need for a bigger children's hospital. The next year there was a crisis in care for abused spouses. Before long, the local soup kitchen fell upon hard times and needed emergency assistance. Three years later the local symphony orchestra lost a major funding source and needed urgent financial help to stay alive. Each time, it seemed as if the Southwest Florida Community Foundation was there to help, either with capital grants or with program grants. The family had been members of the Foundation's Founder's Society and had watched how their Foundation had stepped up to the plate and helped urgent community needs. When it came time to finalize their estate plans, it was clear that the family had more than enough assets to leave to their children. So they took $2 million and established an Unrestricted Fund at the Community Foundation. "I won't be around to see what the most important community needs will be in 40 years," Bill said. "The Community Foundation Trustees have always been community leaders who are on top of all the issues. I'll let them distribute the proceeds from our endowment fund, rather than tie their hands with limitations."