The Mason and Lula Cole Charitable Trust recently made awards to 34 community organizations. Contributions totaled $240,000, reported Matthew Suttmiller, Chesapeake Bank director of marketing and assistant vice president.
Lula and Mason Cole, who enjoyed successful careers and were dedicated to the community, established this foundation by setting up trusts during their lifetime that would pass to a Charitable Foundation at their death. Their desire and intent was to continue with their philanthropic mission for this community for many years to come.
Chesapeake Wealth Management, working with the Coles’ attorney, Ray Britt, Esquire, helped Lula and Mason Cole through this planning process to ensure their goals would….
