Beneficiary Designation Giving

Last year the University of Maine lost one of its oldest and most beloved alumni, Eleanor M. Webb. Miss Webb was a staple at many alumni events, delighting all who met her with her charm, humor, and wonderful memories of her time at the University. The University of Maine Foundation had the pleasure of assisting Miss Webb with her beneficiary designation gifts. The Eleanor M. Webb Fund at the University of Maine Foundation was a named beneficiary of her IRA, Certificate of Deposit (CD), and Charitable Remainder Trust.
Miss Webb, who grew up in South Portland and graduated from South Portland High School in 1943, earned her undergraduate degree in zoology from the University of Maine in 1947. Nearly 25 years later, she went back to the University and earned her Master of Education. She had a distinguished career in the health field, retiring from Kennebec Valley Medical Center in 1992, where she was Chief Technologist and Educational Coordinator. She was also instrumental in establishing the Med Lab Science Associate degree program at the University of Maine at Augusta and served as its program director, as well as a professor, from 1973 to 1992.
The funds from Miss Webb’s estate went to the Eleanor M. Webb Fund, which Miss Webb established in 2007 to support non-traditional students at the University of Maine. As someone who was considered a non-traditional student for her graduate studies, Miss Webb understood the unique challenges facing such students and wished to help them achieve their dreams, no matter their age.
If you would like assistance with your beneficiary designation gifts or have other questions about how you can make the University of Maine part of your own legacy, please contact the University of Maine Foundation.