Frugal Indianapolis Man Bequeaths $13M to Unspecified Charities
Several nonprofits benefit from unexpected windfall, while others miss out thinking the offer was a scam.
- Terry Kahn, a frugal Indianapolis resident and 30-year employee of the Veterans Administration, left $13 million to unspecified charities in his will when he died in 2021.
- Kahn's attorney, Dwayne Isaacs, was tasked with distributing the funds to local nonprofits, some of which initially thought the offer was a scam and missed out on the donation.
- Among the recipients were Teachers' Treasures, which received roughly double its annual budget, and Helping Veterans and Families of Indiana.
- Kahn lived modestly, driving an old Honda and refusing to own a cellphone due to the cost, and requested no money be spent on a death announcement.
- Isaacs believes Kahn would be amused by the surprise and disbelief his generous bequest has caused among the recipient organizations.