Inheritance Fund for Penelope Monroe Chiavaroli
Donation protected
Frankie touched so many of our lives in countless, positive ways. Anyone who met him - loved him. As a friend, Frankie was always there for us when we needed him, and now in this extremely difficult time, we can continue to be there for him.
Frankie was thrilled to be a dad and he was determined to do what it took to set up a happy and successful life for his daughter. Today we can help support his dreams for her in the form of a small inheritance for Frankie’s daughter - Penelope Monroe Chiavaroli. It takes a village to raise a child and the money raised in this campaign will become the property of Penelope and can only be used for her benefit when she becomes an adult.
Growing up without a father can be difficult, and we know that money alone will not ease the grief, but having additional resources to help navigate adulthood will perhaps be a blessing and a reminder to Penelope that her father was loved by so many! We are asking that the many friends of Frankie consider donating any amount of money to be invested for Penelope in a custodial account. No amount is too small.
Custodial accounts help adults save and invest money on behalf of a minor. Money put into a custodial account is an irrevocable gift to the named beneficiary on the account. While the funds invested today may not be a large sum, small acorns can grow into mighty oaks with 18 years of interest. If we reach our target of $5,000 and assuming 7% growth, the account would reach $20,000 in 20 years. Custodial accounts can be accessed by the beneficiary only between the ages of 18-25.
Thank you.
Frankie was thrilled to be a dad and he was determined to do what it took to set up a happy and successful life for his daughter. Today we can help support his dreams for her in the form of a small inheritance for Frankie’s daughter - Penelope Monroe Chiavaroli. It takes a village to raise a child and the money raised in this campaign will become the property of Penelope and can only be used for her benefit when she becomes an adult.
Growing up without a father can be difficult, and we know that money alone will not ease the grief, but having additional resources to help navigate adulthood will perhaps be a blessing and a reminder to Penelope that her father was loved by so many! We are asking that the many friends of Frankie consider donating any amount of money to be invested for Penelope in a custodial account. No amount is too small.
Custodial accounts help adults save and invest money on behalf of a minor. Money put into a custodial account is an irrevocable gift to the named beneficiary on the account. While the funds invested today may not be a large sum, small acorns can grow into mighty oaks with 18 years of interest. If we reach our target of $5,000 and assuming 7% growth, the account would reach $20,000 in 20 years. Custodial accounts can be accessed by the beneficiary only between the ages of 18-25.
Thank you.
Organizer
David Spector
Organizer
Philadelphia, PA