Investment delivers for Hospice of the North Coast

Investment delivers for Hospice of the North Coast
One man’s modest holding of UPS shares resulted in a sizable bequest to Hospice of the North Coast, delivered by Colleen O’Harra, to HNC Board Chairwoman Bobbie Hoder and Executive Director Nerice Kaufman. Courtesy photo

CARLSBAD — A modest retirement gift to a United Parcel Service (UPS) employee six decades ago will enable Hospice of the North Coast (HNC) to pay the remaining amount due on the 2010 purchase of its Carlsbad headquarters and to direct its dollars to the compassionate care and multifaceted support of its clients and the community. The $700,275 bequest from the estate of Oceanside resident Loretta Ames, who died Jan. 21, will be combined with matching gifts from other donors and organizations.Ames’ HNC donation, among her bequests to several charities in the region, was coordinated by the successor trustee of the estate, Colleen O’Harra, of O’Harra Fiduciary Services in Oceanside. O’Harra is a past member of HNC’s Board of Directors and currently serves in an honorary capacity.

O’Harra said, “Although Loretta ultimately used HNC’s hospice services for several months before her death, she actually earmarked her donation before becoming ill. She knew of HNC’s good works and wanted to support an organization that does so much to support others.”

Loretta Ames’ father worked most of his adult life for UPS. When he retired in the early 1950s, he was given a few shares of private UPS stock. He held onto that stock as if it were gold, doggedly telling his family, “Never sell this stock.” Over the years, the stock became increasingly more valuable. By the time both of Loretta Ames’ parents died, UPS went public and the stock soared. With her father’s words echoing in her ear, she kept the stock.

For more information about charitable giving, contact HNC’s Director of Fund Development, Shelly Dew, at or (760) 431-4100.



Filed Under: News


RSSComments (0)

Trackback URL

Leave a Reply

If you want a picture to show with your comment, go get a Gravatar.