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Ernie and Willa Royal Memorial Scholarship for Minority Students
Pioneering restaurateurs Ernie and Willa Royal met as teenagers while working as a dishwasher and waitress in a Beacon Hill restaurant in 1935. They married three years later, and joined forces in their life-long fight for better educational and equal employment opportunities for minorities in the foodservice industry. After Mr. Royal served in the Marines during World War II, the couple opened a takeout barbecue and chicken joint in Dorchester, Massachusetts in 1955. Years later, on vacation in Vermont, Ernie and Willa discovered and bought an abandoned restaurant. Royal's Heartside Restaurant opened in Rutland in 1963. The seafood restaurant quickly attained national fame.
Elected as the first black board member of the National Restaurant Association in 1975, Mr. Royal immediately immersed himself in programs to get more minorities involved in foodservice. During his life, Mr. Royal also served as director of the Rutland Region Restaurant Association and international director of the Canadian Restaurant and Food Services Association. In 1987 Mr. and Mrs. Royal sponsored a $150-a-plate fund-raiser at their restaurant to endow this memorial scholarship in order to recruit minorities and fund their culinary education. The Royals pledged to match contributions by the 60 people who attended the dinner, but their generosity did not end with the event. The Royals further ensured their legacy and the scholarship would be lasting by naming The Culinary Institute of America as the beneficiary of their estate. The many minorities who have achieved worthwhile foodservice careers are forever grateful for their tireless campaign.
A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.
You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to CIA as a lump sum.
You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to CIA as a lump sum.