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Orville Webb Endowment Fund
Year Founded
2003
Purpose of Fund
The primary purpose of the Fund shall be to provide support to the following organizations with a percentage of the annual payout:
- Asbury Towers 10%
- Putnam County Public Library 10%
- St. Paul the Apostle Catholic Church 20%
- St. Meinrad Arch Abbey 20%
- Belle Union Sports Park 15%
- South Putnam High School Scholarship Fund 15%
- Belle Union High School Scholarship Fund 10%
History of Fund
The endowment was established in 2003 after Webb and his wife passed away, by a charitable remainder unitrust created by Orville Glenn Webb on December 21, 1994. The Endowment was started with $311,699.
Orville G. Webb was born: 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, dying 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 also played the organ. She died on September 21, 2002, at age 90 and is buried next to her husband in Forest Hill Cemetery.
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