"Cool" legacy gift received

The Community Foundation for Cloud County (CFCC) has received the remainder interest of the Dale D. Cool estate in an amount of $1,735,000 which substantially completes the funding of the Dale D. and Mary Jane Cool Fund.
Dale had signed a Designated Fund Memorandum as of Sept. 13, 2010, which was the basis for the establishment of the Dale D. and Mary Jane Cool Fund when the Foundation received (payable upon death) certificates of deposit in an amount of $214,336.
These monies ($1,949,336) are being managed and invested under an "Investment Management Agency Agreement' with Citizens National Bank as provided in Dale's estate plan. The Designated Fund Memorandum requests that CFCC distribute up to five percent of the net fair market value of the Fund each year to support the selected six charities that serve Cloud County.
Dale D. Cool and Mary Jane Whitebread Cool were native Kansans. They were residents of Cloud County and members of the Concordia community for their entire lives.
The two of them met while they were attending Concordia High School. They met on an arranged "triple date" and never had eyes for anyone else from that time on. They were proud that they were both members of the CHS National Honor Society and thought they might be the only members who married.
Graduating in 1934 and 1935, respectively, in the midst of the Great Depression, neither could afford further formal education. Dale began farming with his parents, Harrison and Edna Green Cool. Mary Jane joined them in that challenging venture (made even more difficult by the Dust Bowl days), when she and Dale married after a courtship of several years.
They began their married life on a family farm they called "the Hill Place." They were without many things which would be considered necessities today, such as running water and an indoor bathroom in their home. Despite all of the seeming obstacles, they succeeded in their marriage which ended only after more than 50 years, at Mary Jane's death in 2003, in their farming operation (owning approximately 400 acres of very productive Republican River Valley farmland) and in accumulating a substantial estate, which is being shared by numerous charitable organizations and programs, much of it in perpetuity.
Dale and Mary Jane's values are reflected in their pattern of giving. Their faith and their membership in the United Methodist Church were an essential part of their lives, so they are giving to Trinity and First United Methodist churches. They believed in the importance of family farming, so they are giving scholarships to students to pursue production agriculture.
They were concerned about local infants getting a good start in life, so they are providing funds to make preschool education programs available for those who might not otherwise be able to afford them.
They also provided for elderly folks in Cloud County who could not afford to pay their utility bills to have heat and electricity, for funds to be available for the Salvation Army to assist Cloud County residents who were victims of disasters, and they also wanted to support general activities for the benefit of Cloud County senior citizens. Dale and Mary Jane will be giving back to their community in a myriad of ways forever.
Although limited, this generous gift is eligible for the GROW II matching grant from the Kansas Health Foundation.


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