According to an SEC filing, the QTIP Marital Trust under E. Bronson Ingram Trust disposed of 244,814 shares of Ingram Micro Inc. at about $18, producing $4.8MM for the QTIP beneficiary, presumably Martha Ingram, chairman of both Ingram Industries and the Vanderbilt University Board of Trust. One online dictionary describes common reasons for creating a qualified terminable interest property trust (QTIP). Thanks to another Ingram legacy, Vanderbilt University recently announced the latest recipients of the Bronson Ingram Scholarship, which has produced dozens of young leaders. Bronson Ingram died in 1995 and was chairman of the Board of Trust. He has left millions to Vanderbilt through a charitable trust. Martha Ingram and Ingram children remain broadly active in civic life and charitable giving. Martha Ingram was the chief benefactor advocating creation of the now-renowned Schermerhorn Symphony Center, and earlier did much the same for the Tennessee Performing Arts Center.
Showing posts with label Martha Ingram. Show all posts
Showing posts with label Martha Ingram. Show all posts
Tuesday, February 23, 2010
Bronson Ingram legacies
According to an SEC filing, the QTIP Marital Trust under E. Bronson Ingram Trust disposed of 244,814 shares of Ingram Micro Inc. at about $18, producing $4.8MM for the QTIP beneficiary, presumably Martha Ingram, chairman of both Ingram Industries and the Vanderbilt University Board of Trust. One online dictionary describes common reasons for creating a qualified terminable interest property trust (QTIP). Thanks to another Ingram legacy, Vanderbilt University recently announced the latest recipients of the Bronson Ingram Scholarship, which has produced dozens of young leaders. Bronson Ingram died in 1995 and was chairman of the Board of Trust. He has left millions to Vanderbilt through a charitable trust. Martha Ingram and Ingram children remain broadly active in civic life and charitable giving. Martha Ingram was the chief benefactor advocating creation of the now-renowned Schermerhorn Symphony Center, and earlier did much the same for the Tennessee Performing Arts Center.
Wednesday, September 23, 2009
Partnership honors Ingram
The Nashville Downtown Partnership is honoring Ingram Industries Chairman Emerita Martha Rivers Ingram today for her visionary leadership, focused on downtown Nashville. She is also chairman of the Board of Trust of Vanderbilt University. She is regularly listed among the world's wealthiest human beings. A native of Charleston, S.C., Ingram has been the mother of the Schermerhorn Symphony Center, the savior of the Tennessee Performing Arts Center, the main private sponsor of the Tennessee Bicentennial celebration, and more. The Tennessean reports.
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