The Star Tribune ran an article last week about a woman from Windom, Myrtle Stroud, who made an incredibly generous gift to the University of Minnesota. In addition, she made gifts to the Windom hospital, a nursing home and her church—what a gift to this community in our region!
Her $14 million gift is part of the $4.5 billion of wealth that is transferring from one generation to the next in our 18-county region between now and 2030. By keeping even a portion of these dollars local, as Mrs. Stroud did by making her gift, our communities will continue to thrive. Needed services, places of worship, beautification efforts and fun activities will continue because the funding is there to support them. Read more about why the transfer of wealth is important in my Aug. 8 blog post.
Let’s applaud this awesome woman from southwest Minnesota and what she has done for the U of M and her community! This is southwest Minnesota philanthropy at its best.