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In Memoriam: Richard Fay . We honor his memory and are grateful he shared his story.
On December 7, 2019, Richard Fay will reach an incredible milestone: his 100th birthday. But that isn’t the only significant thing about Richard—he is also a five-time cancer survivor. First diagnosed with prostate cancer in 1987, Richard has since overcome thyroid, bladder, and two types of skin cancers.
His wife, Carol, is also a cancer survivor. In 1971, she was diagnosed with breast cancer, which was successfully treated. She went on to volunteer at the American Cancer Society, working to create programs encouraging women to get screened for breast cancer. Thanks to such work, many lives were saved.
When Jon and Karen Huntsman made their first gift of $10 million to establish a cancer institute on the campus of the 㽶Ƶ of Utah, they issued a call to the community, asking others to dig deep and support the vision that would become Huntsman Cancer Institute (HCI). Richard and Carol answered that call, creating a planned gift with a bequest to support cancer research at HCI.
By taking the time to carefully plan what to do with our material possessions and financial assets, we pass along the values that have guided our lives—values passed to us from previous generations.
There are a variety of ways to leave a lasting legacy. Planned giving may be in the following forms:
- Bequests
- Life insurance
- Qualified insurance plans
- Real estate
- Family limited partnerships
- Donor-advised funds
Making a legacy gift in your will or trust is one of the easiest and most popular ways to accelerate new breakthroughs in cancer research at HCI, ensuring that innovative research and compassionate patient care will be available until the day cancer is eradicated.
If you are considering making a gift in your will, Huntsman Cancer Foundation has partnered with FreeWill to provide you with a legal will for no fee. If you choose to use FreeWill, you are in no way obligated to designate any portion of your estate to Huntsman Cancer. The process usually takes less than 20 minutes to complete. Getting started in writing a will can be the most difficult step and FreeWill helps simplify that process.
Richard’s later cancer diagnoses were treated at HCI and they are thankful for all of the help and care he received. In speaking of their planned gift, Richard and Carol say, “HCI is changing lives worldwide, not just here in Utah. Giving adds joy and purpose to our lives and leaves a legacy that lives on forever.”
So, we celebrate with Richard and Carol an amazing birthday this December, as well as a life well lived and a legacy secured.
To learn more about planned gifts, visit the Huntsman Cancer Foundation website. If you have included Huntsman Cancer Foundation in your estate planning already, please reach out to Loren Savage, Executive Director of Major Gifts, so we can properly thank you and honor your kindness. lsavage@huntsmanfoundation.org, 801-584-5736