Smith Estate Gift Benefits Mentone Organizations

July 28, 2016 at 4:25 p.m.

By Staff Report-

Lifetime Mentone residents Frank and Geraldine “Jerry” Smith loved and supported their community during their lifetimes, and now thanks to a gift from their estate, that support will continue even though they are gone.
Michelle Bormet, niece of the Smiths, along with her husband, Jeff, serve as trustees of the estate of Frank and Jerry Smith. The Bormets honored the wishes of the Smiths by establishing two funds in the Smiths’ names. Both funds are named for Frank D. and Geraldine “Jerry” L. Smith. One benefits the Lawrence D. Bell Aircraft Museum and was established with $150,000, and the other benefits the Bell Memorial Public Library and was established with $100,000. Both organizations, in Mentone, will receive an annual distribution from the funds.
The Smiths owned and operated Frank & Jerry’s grocery store in Mentone from 1947 to 1979. Following retirement from the grocery business, Frank worked at Price’s Abattoir in Plymouth and Jerry was a realtor for Century 21.
Frank was a member of the Mentone Masonic Lodge for more than 60 years.  Jerry was a member of the Mentone Anthony Nigo chapter of the Daughters of the American Revolution for 64 years.
Since 1968, Kosciusko County Community Foundation Inc. has brought caring people and charitable endeavors together for the good of the community. The Community Foundation is a public charity, and gifts made to the Foundation are tax-deductible.
For more information about the Community Foundation, visit www.kcfoundation.org, call 574-267-1901, or visit the office at 102 E. Market St., Warsaw.[[In-content Ad]]

Lifetime Mentone residents Frank and Geraldine “Jerry” Smith loved and supported their community during their lifetimes, and now thanks to a gift from their estate, that support will continue even though they are gone.
Michelle Bormet, niece of the Smiths, along with her husband, Jeff, serve as trustees of the estate of Frank and Jerry Smith. The Bormets honored the wishes of the Smiths by establishing two funds in the Smiths’ names. Both funds are named for Frank D. and Geraldine “Jerry” L. Smith. One benefits the Lawrence D. Bell Aircraft Museum and was established with $150,000, and the other benefits the Bell Memorial Public Library and was established with $100,000. Both organizations, in Mentone, will receive an annual distribution from the funds.
The Smiths owned and operated Frank & Jerry’s grocery store in Mentone from 1947 to 1979. Following retirement from the grocery business, Frank worked at Price’s Abattoir in Plymouth and Jerry was a realtor for Century 21.
Frank was a member of the Mentone Masonic Lodge for more than 60 years.  Jerry was a member of the Mentone Anthony Nigo chapter of the Daughters of the American Revolution for 64 years.
Since 1968, Kosciusko County Community Foundation Inc. has brought caring people and charitable endeavors together for the good of the community. The Community Foundation is a public charity, and gifts made to the Foundation are tax-deductible.
For more information about the Community Foundation, visit www.kcfoundation.org, call 574-267-1901, or visit the office at 102 E. Market St., Warsaw.[[In-content Ad]]
Have a news tip? Email [email protected] or Call/Text 360-922-3092

e-Edition


e-edition

Sign up


for our email newsletters

Weekly Top Stories

Sign up to get our top stories delivered to your inbox every Sunday

Daily Updates & Breaking News Alerts

Sign up to get our daily updates and breaking news alerts delivered to your inbox daily

Latest Stories


Kosciusko County Area Plan Commission
Syracuse Variances

Kosciusko County Area Plan Commission
Syracuse Exceptions

Court news 05.03.25
The following people have filed for marriage licenses with Kosciusko County Clerk Melissa Boggs:

Public Occurrences 05.03.25
County Jail Bookings The following people were arrested and booked into the Kosciusko County Jail:

Understanding Qualified Charitable Distributions (QCDs) And Using Them
Individual Retirement Accounts (IRAs) are for people over the age of 70.5 years old. Unlike other distributions, which are taxed at ordinary income tax rates, Qualified Charitable Distributions (QCDs) allow for a tax-free distribution from an IRA, provided that the distribution goes directly to a qualified charity.