Category Archives: 5forCNY News

Long-Time Educator & Generous Spirit Leaves a Special Legacy

Over her 97 years, Ursula Hubby’s generosity and kindness benefited countless Central New Yorkers. Now, her caring spirit will be carried on through a charitable legacy that will continue to help others for generations. Ursula loved to teach. That is why she dedicated her 31-year career to shaping the minds of 5th and 6th grade children at Edward Smith and

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Bud Haylor: A Legacy of Service

Burnett (Bud) Haylor’s 92 years in Syracuse contributed to a life well lived. The successful businessman, caring husband and father and consistent advocate and supporter of local causes never hesitated to lend a helping hand, along with his knowledge and wit, while forever remaining humble. Now, thanks to a gift left through his will, Bud’s generosity will be living on

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27 Year Love Story Cut Short; Legacy Lives on in $2.5 Million Estate Gift

February 28, 2019 – When Bruce Lane passed away last year, his combined estate with long-time partner Steven Gillette named the Central New York Community Foundation the recipient of over $2.5 million to support nine organizations important to them during their 27 year-long love story. Both Lane and Gillette died young, cutting short their retirement years – Gillette in 2010

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What Your Estate Planning Clients Wish You Were Asking

Nearly 75% of high net worth individuals consider charity to be an important consideration in their financial and estate planning, according to a survey conducted in 2013 by U.S. Trust. This sounds like good news for charities, but the data also highlights a breakdown in action by professional advisors that can derail these good intentions. Only about half of poll

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Artist Leaves Estate to Fund Benefiting Local Art Park

February 27, 2018 – When one of Central New York’s most prominent artists passed away last year, her estate named the Central New York Community Foundation the recipient of more than $1.6 million to preserve the local public art space that she considered her brightest accomplishment. Dorothy Riester was 100 years old when she passed away in July. Over the

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Florida Residency: It Doesn’t Have to Change NYS Charitable Giving

By Marion Hancock Fish, Esq. Fall is here and Central New York snowbirds are making travel plans to flee the Empire State. While weather is certainly one reason to fly off to Florida, many snowbirds are heading south for another reason – to establish or maintain their non-New York residency for tax purposes. Recent changes in the law have reduced

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