A couple from Green Bay has donated $16.5 million through their estate to the Greater Green Bay Community Foundation, and another person who wants to remain anonymous donated $5 million to the GGBCF.
Ron and Pauline Heim used their estate to donate $16.5 million. The money is in a fund called the Ron C. and Pauline P. Heim Charitable Fund.
“We lost Ron back in 1992, but Pauline just passed away in 2018,” Dennis Buehler, president and CEO of the Greater Green Bay Community Foundation, said. “Very humble, quiet people who lived in this area, built a business in this area, and really very quietly supported a number of organizations across the community.”
The millions from the Heims will be set aside for specific causes and nonprofits around Green Bay that were close to their hearts.
The donations from the Heims will add up to about $800,000 per year spread around to all the designated causes.
“Their lasting legacy involves everything from animal welfare organizations to higher education institutions that will have new scholarship opportunities for students, and human services agencies that are helping with hunger, homelessness, youth development, allange of causes in the community,” Amber Paluch, vice president of community engagement at the Greater Green Bay Community Foundation, said.
The mystery donor who gave the GGBCF $5 million left it unrestricted, meaning nonprofits can apply for a grant, with the approval process spearheaded by community members on a committee.
Both large donations will continue to give back because both are installed in endowments that will build interest.
With such large sums of money in the endowments, it will put a million dollars of new money into the community every year, according to GGBCF.
“To have visionary donors who are thinking about the future of this community, it’s such a wonderful opportunity for them and they work so hard that it’s wonderful for us to be able to see this happen and now to work with them,” Paluch said.
The two donations are also breaking records.
The $5 million is the largest unrestricted donation the GGBCF has ever received.
The $16.5 million from the Heims is the largest donation designated to different causes GGBCF has ever received.