FOR IMMEDIATE RELEASE
Pam Hunzeker Lincoln Community Foundation
October 29, 2014
Permanent Endowment will Support Food, Shelter and Health Care Efforts for Young People and Families
Lincoln, NE — A generous $10 million gift from the Reginald and Marie Troncone estate to Lincoln Community Foundation is ensuring that the family’s long-time support of charitable efforts will continue forever. Per Reginald and Marie’s wishes, their gift is establishing four endowment funds to support local and national organizations that focus on helping young people and families.
The Troncone Fund for Basic Needs will support nonprofit organizations serving youth and families and basic needs like food, shelter and healthcare in Lincoln and Lancaster County. The three remaining funds will individually support the efforts of Center for People in Need in Lincoln, Children’s Hospital & Medical Center in Omaha, and St. Jude Children’s Research Hospital in Memphis, Tenn.
Barbara Bartle, President of Lincoln Community Foundation, said “We are honored to be stewards of the Troncones’ legacy. Their significant gift will make an everlasting difference for young people and families.”
The Troncones raised four children in Lincoln after moving from New York more than 40 years ago. Reginald was chairman and CEO of MetroMail, a direct mail services company that was acquired by R.R. Donnelley & Sons in 1987. He continued to run the business many years after the sale and passed away in 2010. Marie died in 2014.
During their lives, Reginald and Marie made many generous gifts to the local community, establishing a charitable fund with Lincoln Community Foundation in 1997 that supported several nonprofit organizations. Their latest gift will ensure that their charitable wishes are carried out in perpetuity.
About Lincoln Community Foundation
The Lincoln Community Foundation, established in 1955, strives to continually enrich the Lincoln community by promoting and achieving perpetual philanthropic support. The Foundation has distributed more than $75 million in grants to nonprofit agencies and organizations that have improved the lives of thousands of residents.