Y gets $1.48 million

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Three families bequeath funds to endow the local facility

By Nick Johansen

Three families have beq-ueathed a total of nearly $1.5 million to the Montgomery County YMCA, it announced in a press release. 

The YMCA received $800,000 from the Charles and Norma Wilson Foundation, $573,000 from the Helen Murphy Estate, and $109,000 from the Rod and Jean Farmer Estate. The majority of the new funding will support the permanent endowment of which only the principal’s interest can be spent, according to endowment by-laws, for operational needs and/or long term maintenance needs.

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