Indiana: Brown County Public Library Gets $2.3 Million Gift From Teacher’s Estate
From AP (via US News):
The money was left to the Brown County Public Library by Tesh Wickard, who lived in Nashville and died in 2014 at age 90.
The public library in rural southern Indiana is receiving $2.3 million from the estate of a high school business teacher.
Wickard specified the money could only go toward building maintenance or expansion so the library wouldn’t deteriorate.
The endowment is set up so that only interest earned can be used, the principal is never touched and the funds will be ongoing, library trustees said in a news release. Spending will be the responsibility of the public library board of trustees, with oversight from the Wickard endowment board.
One of the first projects planned is to modernize and revamp the checkout area at the front of the library, said library board of trustees member Bob Gustin.
“Tesh valued the importance a library plays in the community. This kind gesture is a gift to all of Brown County, not just the library,” said Stori Snyder, director of the library, in a news release.
About Gary Price
Gary Price (firstname.lastname@example.org) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com. Gary is also the co-founder of infoDJ an innovation research consultancy supporting corporate product and business model teams with just-in-time fact and insight finding.