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| Nancy and Pat Ralston |
Ivy Tech Foundation board member Patrick R. "Pat" Ralston and his wife, Nancy, value two things above all else: education and giving back. It's no surprise, then, that they have chosen to support Ivy Tech Community College Wabash Valley through a scholarship gift and a future bequest, which will ensure students have access to college for decades to come.
For Nancy, education is a family affair. She has been an elementary school teacher in Terre Haute for thirty years, following in the footsteps of her father, who also spent thirty years as a teacher in Vigo County. Pat, in his role as vice president of business and economic development/government relations at First Financial Bank in Terre Haute, understands the vital role education plays in shaping the destinies of individuals and communities. And in serving as treasurer of the Ivy Tech Foundation, he is well aware of how scholarship support truly changes the lives of Ivy Tech students. "Because of our own blessings, my wife and I are proud to contribute to Ivy Tech's mission," added Pat. "There is no other gift than education that can make such a lifelong, positive impact on people's lives."
Committed to making a difference, the Ralstons established an unrestricted scholarship fund for Ivy Tech students named in honor of Nancy's parents, Harry and Frances Price. The couple followed that generous gift with a bequest that will allow them to provide scholarship support for generations to come. Nancy explains that the couple chose Ivy Tech as the recipient of these gifts because of its unique position as Indiana's community college.
"By lifting people up over the obstacles in their lives to achieve certificates or degrees, Ivy Tech is the economic engine most critical to our region and the state," Nancy says. "The College provides a clear path to better jobs and a brighter future for single parents, underpaid and displaced workers and those just struggling with difficult circumstances."
When asked why they chose a planned gift over other options, the Ralstons say it's simply a matter of making a difference in the lives of the greatest number of students.
"Nancy and I wanted to do more than make annual gifts to Ivy Tech," Pat explains. "We wanted to do something that would benefit Ivy Tech beyond our lifetimes. A bequest made the most sense to us because it's simple—we just updated our wills to include the bequest. The bottom line is that we still control our assets while we're alive and Ivy Tech will receive a nice gift after we're gone. That's the beauty of planned giving."
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