Creating a Legacy
Rick McDonald was reading the Lyon County, Kentucky, local paper one day from his home near Dallas, Texas, when a story about a new scholarship established at Murray State University inspired him to leave a legacy for his family.
Rick and his wife, Susie, recently shared that despite growing up inTexas, their son, Randy Lee, went back to his family roots in western Kentucky. And, like many family members before him, he attended Murray State University.
His father attended in 1957-58; his uncle, Roy, graduated in 1934 and went on to be a Kentucky state senator as well as superintendent of schools inTrigg County, Kentucky; and his paternal grandparents also attended Murray State University, with his grandmother being a member of the MSU basketball team, as a freshman, in 1928.
In 1994, Randy received his accounting degree from Murray State University; he passed all four parts of the CPA exam on the first try and made the highest score on the exam in Kentucky that year. Shortly after graduating, he opened the accounting firm McDonald and McDonald, PSC, in Eddyville, Kentucky. He was an avid hunter, he loved gardening and was a published writer and poet. Randy passed away at a young 42 years of age in 2001.
The Randy Lee McDonald Memorial Scholarship will be established as an endowment by current and planned gifts to theMurray State University Foundation, Inc. (MSU Foundation) that will provide full-ride scholarships for future Murray State students.
It is the intent of Rick and Susie to memorialize their son's loving spirit by establishing this scholarship, which will support undergraduate students, who like their son exhibit strong academic potential. Further, in an effort to support Lyon County, Kentucky, families who were misplaced from the Land Between the Rivers (their former home region), recipients must have had family who were residents of Lyon County, Kentucky, prior to 1960.
Information contained herein was accurate at the time of posting. 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. California residents: 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. Oklahoma residents: 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. South Dakota residents: Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.