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Evans family uses planned giving to support HudsonAlpha

When members of the Evans family decided to give HudsonAlpha a large gift, they chose a unique way to contribute. They decided to donate land.

The Evans family has deep roots in Huntsville. John Evans III, Steuart Evans, Adie Evans Fann and Ellen Evans Chorba are the children of one of Huntsville’s early prominent physicians, Dr. John Evans, Jr. They grew up in Huntsville and continue to be involved in the community.

“What HudsonAlpha is doing is unique worldwide,” said Adie Fann. “That’s why we wanted to make a significant gift to HudsonAlpha.”

Dr. Evans left his four children a piece of real estate in his will and the Evans family started thinking about donating the land to HudsonAlpha to financially support the Institute. However, they weren’t sure how to proceed. When they heard that HudsonAlpha was hosting a planned giving seminar in November, several members of the Evans family attended  to learn more.

“Planned giving is a way to use estate and tax planning techniques to support nonprofit organizations. Examples of planned giving include donating real estate or investments, setting up an annuity or setting up a trust,” explained Karen Petersen, Director of Annual and Planned Giving at HudsonAlpha. During the seminar, attorney Scott Ludwig explained the benefits and mechanics of donating real estate to a nonprofit organization.