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Office of Trusts, Estates, and Gift Planning
Cornell University
130 E Seneca Street, Suite 400
Ithaca, NY 14850
Phone: 1-800-481-1865
Fax: 607-254-1204


Gift to CALS Allows Pollard Family to Benefit Chosen Professions

donor_19.png“We wanted to make a contribution to the agricultural community that means so much to us.”

For more than 33 years Ken Pollard ’58 advanced tree fruit marketing in New York State. With a degree in agricultural economics, Ken worked for the Western New York Apple and New York Cherry Growers’ associations, eventually becoming president of both. Today Ken is credited with developing innovative marketing strategies that, at a crucial time in their development, made it possible for these industries to thrive. Along the way, Ken had often turned for help to the faculty and staff at the College of Agriculture and Life Sciences (CALS).

“Specific problems would come up where we wanted to get the results of research quickly but the funds weren’t readily available to work on it,” recalls Pollard, who, with his wife Beulah, established a charitable remainder trust to support fruit tree research conducted in CALS’ Department of Horticulture. They created the Kenneth and Beulah Pollard Family Graduate Research Fund. “My wife and I made this gift so there would be money available to solve challenges the industry faces in the future.”

One of the advantages Ken and Beulah found in establishing a charitable remainder trust is that in addition to benefiting Cornell, a portion of the trust will go to Beulah’s alma mater, Keuka College, from which she was awarded a BS degree in nursing in 1953.  Ken explains, “This gift gives us the satisfaction in knowing that we’re helping both of our chosen professions.”

The trust was established from the proceeds of the sale of Ken Pollard’s family farm in Cayuga County, just west of Auburn, New York, where he grew up. What followed was surprisingly straightforward.

“I received excellent cooperation and outstanding advice from the Office of Gift Planning in how this would work,” Ken says. “There was no pressure to do it. They answered our questions, explained how the process worked, what we’d have to do. They made it extremely easy to carry out and conclude the gift.

“I hope that other people who are thinking about what they want to leave to the future will think of doing something similar to what we did. I can’t say enough about the good work we received from the Office of Trusts, Estates, and Gift Planning. We have the satisfaction of knowing that this trust will benefit future generations.”