POSTED: Wednesday, May 9, 2012 - 2:45pm
UPDATED: Wednesday, May 9, 2012 - 4:34pm
TYLER – As Tyler’s PATH organization begins a search for a new executive director, following board policy, the Finance Director of the organization, Rick Hyatt, has been named as Acting Executive Director. The announcement was made at a news conference Tuesday. The Board has also determined that it is in PATH’s best interest to hire an Interim Executive Director to guide PATH during the months ahead while the agency searches for a new Executive Director. A search committee should be named by the end of the month.
And it was announced Tuesday that PATH has received two bequests that they say will help secure its future for many, many years to come. Trudy Richardson, who died last year and was the granddaughter of PATH founder Gertrude Windsor, left trust funds for PATH’s benefit in the amount of $500,000. Half of this money, $250,000, is to be used as a permanent endowment to provide income for PATH into perpetuity, and the other half is to be used for buildings.
They also announced another bequest of $600,000, this one from an anonymous donor. The bequest is named in honor of C.C. and Brenda Baker, longtime friends and supporters of PATH. C.C. Baker was also one of the founders of PATH.