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Orville Webb Endowment Fund

Year Founded
2003

Founder
Orville and Francis Webb

Purpose of Fund
To provide annual support to the following charitable organizations: 

  • 10% to Asbury Towers
  • 10% to Putnam County Public Library
  • 20% to St. Paul the Apostle Catholic Church
  • 20% to St. Meinrad Arch Abbey
  • 15% to Belle Union Sports Park/Play Ground/Youth League
  • 15% to South Putnam High School Scholarship Fund
  • 10% to Belle Union High School Alumni Scholarship Fund

History of Fund
Orville G. Webb was born on September 3, 1910.  He was a 1928 graduate of Greencastle High School and attended Purdue University.  He farmed in Putnam County, Belle Union area. He married Alice “Frances” Kerr on September 18, 1935.  The couple lived in Greencastle and had no children.  Mr. Webb preceded his wife in death on December 26, 2001 at age 91.  He is buried at Forest Hill Cemetery

Alice “Frances” Kerr, was born January 14, 1912 in Covington, Indiana, and was a 1930 graduate of Greencastle High School.  She worked at DePauw University, and was very involved in St. Paul the Apostle Catholic Church in Greencastle, where she played the organ.  She died on September 21, 2002, at age 90 and is buried next to her husband in Forest Hill Cemetery. 

The endowment was established in 2003 by a charitable remainder unitrust created by Orville Glenn Webb on December 21, 1994.  The Endowment was started with $311,699. 

Grants/ Payout History 
2005  $12,349.37
2006  $13,059.57
2007  $18,965.09
2008  $20,376.11
2009  $12,000.00
2010  $18,730.00
2011  $18,000.00
2012  $18,000.00
2013  $19,000.00

2014  $19,000.00

2015  $20,548.07

2016  $21,210.41
________________
Total   $211,238.62

 

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