Larry Thornton’s father was a man with an investment mentality, and he proved it with a pecan tree.
When Larry was 8 or 9 years old, his father planted a pecan tree in their Montgomery yard. He set it apart from the other trees, out in the open where there was plenty of room for the branches to spread, and he used a stick to guide the trunk so it would grow straight and tall.
It was seven years before the first pecans appeared, a long time for an impatient youth. But you should see the tree today, Thornton said recently, describing how it now fills the yard of his former home.
Thornton has an investment mentality too, and he is putting it to work with a planned gift to the Community Foundation. With that decision, he becomes part of the Community Builders Legacy Society and of the Community Foundation forever.
“Everything we have comes from the community one way or the other, bottom line,” said Thornton. “It only makes sense to give back to that community. How can you out-give the community, because it just keeps coming back?”
His gift will be part of the unrestricted endowment, meeting the greatest needs of our community and taking advantage of the greatest opportunities, no matter how they change over the coming years. He is using an insurance policy to make the gift, which is just one part of his overall giving plan. He also is providing for his family and for other charities, including his alma mater, Alabama State University.
“You never know who you will reach out and touch with your giving,” said Thornton, reflecting on people who have touched his own life over the years.
“I believe many people want to do good things, but they just don’t know that they can,” Thornton said. “If people realize that they really are in a position to give, they can step up and say, ‘I am ready to plant my pecan tree.’”
To find out more about how you can make a future gift to the Community Foundation, contact Erin Stephenson.