Pat Ferry's Family Hands Down a Belief in Giving
The desire to help fulfill a need is something ingrained in Carolyn Patricia "Pat" Ferry '53. She has vivid memories from childhood of her father helping those less fortunate.
"He always made sure that if someone was in trouble and he could help, he would do it," says Pat from her apartment in Cleveland's University Circle. "My father was a straight arrow, and he was very generous. He was just that kind of person."
Many years later, Pat and her parents created the Ferry Family Endowment with the hope of contributing some of their wealth to education. When the time came to begin distributing funds, Ohio Wesleyan was at the top of Pat's list. She has been a member of Tower Society for a few years after committing to include OWU in her estate plans.
"I am pleased to have graduated from Ohio Wesleyan and to have been a part of doing something that might help the school in some way," Pat says.
After starting college at the University of Michigan, Pat realized it wasn't the place for her. Just weeks before her sophomore year, at the suggestion of a friend, she transferred to Ohio Wesleyan. It was a decision she never regretted.
"It turned out to be a wonderful experience," says Pat, who double majored in sociology and psychology. "I felt the education I got at OWU was a solid education. I made a lot of friends at OWU, and the professors were approachable and you could talk to them."
Pat had a successful career, much of which was spent at Case Western Reserve University, where she oversaw budgets, hired and supervised nonfaculty employees and provided educational support services. She says her education enabled her to get just about any job she wanted. Her career, and her inheritance, have put her in a position to help.
"I really have enjoyed being able to do things when there is a need," Pat says. "It's just part of the giving back. I believe in this."
Planned gifts are an especially good way to support the future of Ohio Wesleyan because they provide a win-win situation for you and the University. To learn more, click here.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.