Local philanthropists establish endowment to honor legacy of Gloria and Ray Max

Larry and Andrea Frank and the Community Foundation have developed a model that will provide for continuity of services to help people with emergency needs.


  • By
  • | 2:10 p.m. September 23, 2021
Larry and Andrea Frank have committed to matching the first $250,000 pledged to the endowment. Courtesy photo
Larry and Andrea Frank have committed to matching the first $250,000 pledged to the endowment. Courtesy photo
  • Ormond Beach Observer
  • Neighbors
  • Share

from: The Community Foundation

Ever since moving to Volusia County, Gloria Max has worked tirelessly — selflessly — on behalf of others and the entire community. As executive director of the Jewish Federation (since 1994) which includes the Jerry Doliner Food Bank and the School Backpack Project, she stood ready to help people who were struggling, regardless of faith or demographics. Now, an endowment has been established to honor her work and that of her husband Ray, who engaged volunteers to help carry out their services.

Someone Cares - An Endowment in Honor of Gloria and Ray Max, has been established as an endowment through Community Foundation, a division of the United Way, by local philanthropists Larry and Andrea Frank. They have long admired the work of Gloria and Ray Max and sponsored their service of helping families in need of monetary assistance for emergency needs that put at risk the family’s housing, food security, medical, transportation and other critical needs.

The Franks and the Community Foundation have developed a model that will provide for continuity of services to help people with emergency needs that Gloria previously facilitated. The endowment fund will provide funding to continue their great work through local qualified charitable organizations in perpetuity.

"The goal is to build the endowment to $500,000 within its first year,” Larry Frank said. “At that level, the principal is projected to generate enough money to help 40 families or more annually forever.”

Following Gloria’s recent passing, there have been many expressions of interest in providing financial assistance to perpetuate Gloria and Ray’s work. This endowment provides a safe — efficient — impactful vehicle for other like-minded residents, community leaders, philanthropists, and corporate partners to join in growing the endowment to help families with their emergency needs in our community.

The Franks have committed to matching the first $250,000 pledged to the endowment.

Accordingly, the Community Foundation is able to accept gifts to build the endowment and help perpetuate the great work of Gloria and Ray Max. Gifts may include cash, stocks, IRA Qualified Charitable Distributions, life insurance and real estate. For more information, or to offer a gift honoring the inspiring work of the Maxes, contact David Jones at the Community Foundation at 386-275-1940 or [email protected].

 

Latest News

×

Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning local news.