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  Home >> MRMC >> McLeod Foundation >> Gift and Legacy Planning  
  McLeod Foundation Gift and Legacy Planning

 
  Endowed Gifts  
 

Endowed gifts may be established to benefit a specific program or to provide an on-going scholarship and are named funds that can be used to honor or memorialize a loved one. Endowed funds are gifts for eternity and grow at a surprising rate, both in terms of their total value and the annual support they provide. See an illustration of the impact of an endowed gift here.

These gifts may support an existing program or be designated for a specific purpose that falls within the mission and guidelines of McLeod Health. If the purpose of the gift is not consistent with the long-range plans of McLeod Health, the contributor will be given the choice of re-designating the gift.

Endowed Funds will be established with a minimum gift of $5,000 and will not be fully endowed until it reaches $25,000, which can be paid over a five-year pledge period.  Funds will not be awarded until fully endowed.

Pavys’ Gift Weaves a Legacy of Memories and Opportunities

Dr. and Mrs. Michael Pavy have provided a gift that weaves yesterday into tomorrow and gives opportunities to promising students. By endowing a scholarship to the McLeod Health Foundation, their gift continues to give. Yet, poignantly, when they made their gift, Dr. Pavy and Joan (Harrison-Pavy) didn’t know how lives would inter-connect in the years to come.

"Giving back is important for us."
Dr. Pavy and Joan Harrison-Pavy
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Dr. and Mrs. Pavy

The first thread of their story began in 2001, when the couple, realizing they had been blessed in their lives, established an endowed scholarship. Dr. Pavy says, “Giving back is important for us.”

An oncologist, Dr. Pavy relies on the medical technology department at McLeod Regional Medical Center. “A medical technologist is a vital component of patient care. Patients seldom see these professionals, but they are essential to cancer diagnosis and treatment. We wanted to provide opportunities for laboratory professionals.”

Joan, Administrator for McLeod Hospice, liked the idea of establishing a gift in perpetuity. She was also happy the scholarship could help McLeod recruit talented students. “I’ve met many of the scholarship recipients. These are students who are committed to quality work and to the profession.”

Then, as often happens in life, an unexpected thread wove itself into the story of the Pavys and their scholarship. Kyra Nettles was a respected medical technologist who worked closely with Dr. Pavy. She died in an automobile accident and to honor her memory, the Pavys changed the name of their scholarship to the “Kyra Nettles Scholarship.”

Weaving another thread into this story was Wendy Fox, a talented artist and a patient whom Dr. Pavy was treating for breast cancer. Before Kyra died and during Wendy’s treatment, the two women had met. After Kyra’s death, Dr. Pavy and Joan commissioned Wendy to paint Kyra’s portrait (from a favorite photograph the Nettles’ family shared). Wendy painted three portraits: one was given to Kyra’s husband and young twin daughters, one hangs in the Carolina Health Care lab and one hangs in Dr. Pavy’s office.

Today, these paintings memorialize two women, Kyra and Wendy, who also passed away. And, the Kyra Nettles Scholarship generously endowed by Dr. Michael and Joan Pavy, seamlessly weaves yesterday into tomorrow and gives promising opportunities to future Medical Technology students.

For additional information on endowed gifts, please contact the McLeod Foundation at 843-777-2694 or link to e-mail.

 

 

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Please note, individual financial circumstances will vary. The information on this site does not constitute legal or tax advice. Donor stories and photographs are for purposes of illustration only. As with all tax and estate planning, please consult your attorney or estate specialist. You may also contact a member of the Professional Advisory Council. All material is copyrighted and is for viewing purposes only. Use of this site signifies your agreement with the terms of use. The content in this Planned Giving section has been developed for McLeod Health Foundation and is owned by Future Focus. Please report any problems to webmaster.

The information on this site is intended to increase your awareness and understanding of specific health issues and services at McLeod Health.
It should not be used for diagnosis or as a substitute for health care by your physician. To report technical issues, please contact us.
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