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Welllllll
If you take the cash payout, they said it would only be $112 mil after taxes.
My plan, besides paying off the houses (or getting new ones) for my immediate family and building a house for myself with separate quarters for my mom, and hiring people to take care of her...
I would fund several endowed scholarships through the Alpha Gamma Delta Foundation as well as a significant contribution ($5 mil) to the Foundation for it's own purposes. I'd also donate some to Alpha Gamma Delta for operating costs, although that's not tax deductible.
I have a list of charities that would each receive at least $1 mil, including the Crohn's and Colitis Foundation of America, Girls Scouts, Boy Scouts, the March of Dimes (they bought my dad's braces when he had polio 50+ years ago), American Lung Association, the Red Cross and my current employer. I would fund a chair for my department (and no, that doesn't mean buying an office chair..lol).
Finally, I would develop my own charitable foundation and work as the CEO of it. It would provide grants for psychiatric treatment of adolescents. I would fund a grant specifically to the hospital where I used to work that closed it's adolescent psych unit. It would include several wilderness boot camp type facilities. There would be no limitations on length of stay due to insurance issues, because there would be no insurance issues.
My daughter would be able to go to Harvard if she still wants to when she's old enough.
That's my plan.. now I just have to win.
Dee
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