A Lincoln man's final gift to the Lincoln Community Foundation will benefit local organizations throughout the community for the next decade.
Mark H. Tallman, who died on Jan. 23, recently left his $7 million estate to the foundation to be gifted to seven local organizations over the next 10 years.
The Center for People, Food Bank of Lincoln, Friendship Home of Lincoln, Lighthouse, Matt Talbot Kitchen & Outreach, People’s City Mission and the Lincoln Community Foundation will each receive approximately $90,000 annually for the next decade.
The fund will be held by the foundation and distributed annually beginning in February, according to a news release.Â
Tallman was born on Sept. 3, 1949, in Madison, Wisconsin, but he spent a majority of his life in Lincoln. A graduate of Lincoln Southeast High School and Princeton University, Tallman went on to serve in the Nebraska National Guard for around six years and founded his own computer and printer supply distribution company, Data Source Media, according to his obituary.
Throughout Tallman's life, he was always "pro-Lincoln," his brother Tom said in the release, which is why he wanted his final gift to benefit local organizations within the community.
“He wanted to leave his estate to charity to make it easier for these organizations to live out their mission and continue to do great work for the community,†Tom Tallman said.
His donation will now greatly benefit not only the various organizations he selected, but the Lincoln community at large, Lincoln Community Foundation President Tracy Edgerton said in the news release.
“This extraordinary gift is a representation of Mark’s quiet, yet visionary philanthropy,†she said “Through his estate plan, he found a unique way to make a difference and support these essential organizations throughout the next decade.â€
Back row, left to right: Tracy Edgerton, Lincoln Community Foundation; Alynn Sampson, Matt Talbot Kitchen & Outreach; Leah Droge, Friendship Home of Lincoln; Michaella Kumke, Food Bank of Lincoln; Pete Allman, Lighthouse; Macala Carter, Center for People; Pastor Tom Barber, People’s City Mission. Front row, left to right: Tom and Sue Tallman. Tom's brother Mark left his $7 million estate to the foundation to benefit it and the other six organizations over the next decade.