The Reids sitting together in their living room

The Reids

Four generations of Reids have called Syracuse home, forging a strong bond with the local community.

Roger and Maggie Reid learned at a young age that giving back to the community should be an integral part of their lives. The couple planned to carry on this notion by leaving behind a legacy that will ensure their giving will have a lasting impact on the Central New York community.

Four generations of Reids called Syracuse home, forging a strong bond with the local community. When Roger was growing up, his insurance agent father engrained in him the value of a dollar, the power of compounding savings and the fun of investing all of which served him well over the course of his life.

Maggie, originally from Cleveland, Ohio, made Syracuse her home upon graduating from Syracuse University in 1966. When the pair crossed paths at their church years later, they noticed a shared love and passion for making a difference and the belief that “giving and receiving are the same.”

“We long felt that there is a joy that comes from giving,” said Maggie. “Whether you donate your time or money, your giving comes full circle and brings back as much happiness as it puts out.”

Roger and Maggie had many common interests in a variety of causes and initiatives that serve the local community. Maggie taught physical education in the Syracuse City School District for 25 years, building a strong bond with organizations that support children. She has continued educating and working with children by teaching parent-child play classes at the Discovery Zone, swimming lessons at the YMCA, first-aid classes for the Red Cross and volunteering at Camp Good Days.

Roger held degrees from Syracuse University in business and in marriage and family therapy. He utilized his unique blend of knowledge from the financial and human service sectors to assist many organizations while sitting on various boards or serving as a volunteer. The pair also enjoyed volunteering together for the Rosamond Gifford Zoo, their church and many other organizations.

The couple’s positive experience with a giving circle housed at the Community Foundation gave them a first-hand experience with our helpful staff and wealth of community knowledge. The Reids had deposited a portion of Maggie’s inheritance from her father into a national donor-advised fund to simplify their current giving.

To support the local community in perpetuity, Maggie and Roger decided we would be best place to leave the remainder of the fund after their deaths. Their fund will provide a permanent source of funding for local nonprofit organizations in the Central New York community.

“We were always multi-interest type people,” said Maggie. “We like music, theater, art, the environment and so much more. We decided to name the Community Foundation as the beneficiary of our national donor-advised fund so our causes of interest will be supported for generations to come.”

When the fund is transferred to us after Maggie passes away, it will carry on the couple’s name and extend their legacy by supporting their passions and beloved organizations in perpetuity.

“We are a part of this community,” said Maggie. “It’s where we’ve been educated, matured and earned our money. We know our fund is going to be used well and wisely. It feels wonderful to know we can make a difference even after we are gone.

Related Stories

Family sits on porch of new home on Shuart Ave
Stories August 19, 2023

Impact Investing Profile: Home HeadQuarters

A $500,000 Program Related Investment (PRI) to Home HeadQuarters (HHQ) acted as a loan loss ...

Stories August 17, 2023

Impact Investing Profile: Cooperative Federal

A $250,000 secondary capital loan is helping Cooperative Federal expand lending in the Syracuse community.

Stories August 14, 2023

Impact Investing Profile: Pathfinder Bank

Pathfinder Bank tells us how a $500,000 deposit at their new Southwest Branch helped serve ...

Erie Canal
Stories June 23, 2023

Building Bridges of Opportunity

John Winter's legacy as a devoted father, philanthropist, and advocate for marginalized communities lives on. ...

Woman standing in front of statue
Publications May 2, 2023

Gwen Webber-Mcleod

Gwen's parents grew up in the Jim Crow South and met while studying at North ...

Bedroom at Elmcrest's new facility
Stories April 20, 2023

Safeguarding a Sanctuary: Elmcrest Offers Mental Health Services to Youth

Originally established as an orphanage in 1845, Elmcrest offered children protection and safety. As time ...

baby sleeping in a crib
Stories April 5, 2023

REACH CNY Assists Families as "Cribs for Kids" Partner

Throughout our lives, we are never as vulnerable as we are in our infancy. It’s ...

hand holding growing money
Stories March 7, 2023

SECURE 2.0 Introduces Legacy IRA and a Boost for QCDs

Hear from Jan Lane, CAP®, Senior Philanthropic Advisor, about the three key provisions affecting philanthropists ...

Family sits on porch of new home on Shuart Ave
Stories August 19, 2023

Impact Investing Profile: Home HeadQuarters

A $500,000 Program Related Investment (PRI) to Home HeadQuarters (HHQ) acted as a loan loss ...

Stories August 17, 2023

Impact Investing Profile: Cooperative Federal

A $250,000 secondary capital loan is helping Cooperative Federal expand lending in the Syracuse community.

Stories August 14, 2023

Impact Investing Profile: Pathfinder Bank

Pathfinder Bank tells us how a $500,000 deposit at their new Southwest Branch helped serve ...

Erie Canal
Stories June 23, 2023

Building Bridges of Opportunity

John Winter's legacy as a devoted father, philanthropist, and advocate for marginalized communities lives on. ...

Woman standing in front of statue
Publications May 2, 2023

Gwen Webber-Mcleod

Gwen's parents grew up in the Jim Crow South and met while studying at North ...

Bedroom at Elmcrest's new facility
Stories April 20, 2023

Safeguarding a Sanctuary: Elmcrest Offers Mental Health Services to Youth

Originally established as an orphanage in 1845, Elmcrest offered children protection and safety. As time ...

baby sleeping in a crib
Stories April 5, 2023

REACH CNY Assists Families as "Cribs for Kids" Partner

Throughout our lives, we are never as vulnerable as we are in our infancy. It’s ...

hand holding growing money
Stories March 7, 2023

SECURE 2.0 Introduces Legacy IRA and a Boost for QCDs

Hear from Jan Lane, CAP®, Senior Philanthropic Advisor, about the three key provisions affecting philanthropists ...

View More