Ada couple donates over $600,000 to six institutions


ADA, OK -- Friends who knew Jerry and Mamie Farnham say they both had a passion for giving back to the community.

So much so the couple made sure they could still give back even after they're gone.

Today, six Ada institutions received over $600,000 from the couple's estate, something they had planned on doing years before they died.

"About two years prior to her death, she set the provisions in motion to her estate, and estate planning so that these institutions would all get a certain amount of money and it just ended up totaling $104,000 per institution," said the couple's financial advisor, Roger Gaddis.

Gaddis says the couple chose six institutions that were very dear to them.

The American Cancer Society, Baptist Foundation of Oklahoma, Boy Scouts of America, ECU Foundation, Salvation Army, and Mercy Health Foundation of Ada were the six chosen, and representatives who knew the couple say their charitable legacy will live on.

"She just wanted to make sure that the senior adult community that she had grown to love was taken care of, whether it was here in Ada, or in other places," said David Polk of the Baptist Foundation of Oklahoma. "Specifically the funds that she left in her estate will assist folks in Ada."

"She was a smart woman, and Jerry was a smart man, and they realized what was happening on the state level and federal level with financial aid, and so I think that's what influenced their decision to help the scholarships here," said Phyllis Danley of the ECU Foundation.

Danley says the couple already has a scholarship in their name, and now three more students will benefit from their donation.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
Sherman 4201 Texoma Pkwy (903) 892 -8123 Ardmore 2624 S. Commerce (580) 223-0946
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 235746061