CFCC receives $13.6 million in unrestricted funds from the estate of Wilfred and Joan Larson

Posted 11/17/21

The Larson Fund will benefit education for local students.

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CFCC receives $13.6 million in unrestricted funds from the estate of Wilfred and Joan Larson

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NAPLES — The Community Foundation of Collier County (CFCC) has received a $13.6 million gift from the estate of Wilfred and Joan Larson through their WJL Charitable Remainder Unitrust. The Community Foundation established the Wilfred and Joan Larson Endowment Fund with these unrestricted funds to support the community needs the Larsons were passionate about in perpetuity.

CFCC has awarded over $500,000 in grants to local nonprofits so far from the fund. Grants include $10,000 to RCMA for their expansion to add 7th and 8th-grade classrooms to their Immokalee Community School, $15,000 to Youth Haven to fund security enhancements such as cameras, phones, and gates to improve safety for at-risk youth, and $10,000 to Grand Piano Series to bring world-class classical music performers to Southwest Florida for public concerts.

The Larson Fund will also benefit education for local students. Fifty thousand dollars was granted to both Champions For Learning and the Immokalee Foundation for Florida Prepaid scholarships. An additional $50,000 will fund CFCC scholarships for secondary education technical and vocational training certificate programs.

Wilfred was a 28-year executive with Bristol-Myers Squibb Company, served as president of Bristol-Myers Products, and retired as president and CEO of Westwood-Squibb Pharmaceuticals. He and his wife Joan, Naples residents of 20 years, turned their lasting love for three communities into a remarkable legacy. They also bequeathed $9.9 million to the Community Foundation of Greater Buffalo, where they lived in the 1990s, and another $15.4 million to the Grand Traverse Regional Community Foundation in Michigan.

“Here’s a couple who had homes in three communities over their lifespan, and they wanted to make sure each community would get part of their philanthropic dollars,” said Community Foundation Collier County President/CEO Eileen Connolly-Keesler. “We talk about “give where you live,” and this is a splendid example for other donors for giving here in Collier County and where they came from.”

CFCC, larson, grants, community

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