Gary and Mary Moden Fund
TYPE OF FUND: Designated
DATE ESTABLISHED: August 2021
PURPOSE: To provide Annual funding to the Blackwater Ministerial Association and the Mountaintop Public Library. The funding for the Blackwater Ministerial Association will be for food pantry needs. The funding for the Mountaintop Public Library will be for building maintenance expenses. The two organizations will each receive 50% of the annual distribution.
DISTRIBUTION: To Blackwater Ministerial Association and the Mountaintop Public Library on the recommendation of the Grants Committee and final approval by the Board of Directors of TCF.
VARIANCE POWER: If, in the judgment of the TCF Board of Directors, the restrictions and conditions of the fund become unnecessary, incapable of fulfillment or inconsistent with the charitable needs of the community, the TCF Board of Directors maintains the right to modify the terms of this fund.
FUNDING: Initial funding provided by Gary and Mary Moden from a RMD from one of Gary Moden’s IRA’s in this calendar year, to establish the fund. The Modens will make additional contributions in future years. The majority of future funding will come from the IRA’s of Gary and Mary Moden. After Gary and Mary Moden are both deceased, the Tucker Community Foundation and specifically, the Gary and Mary Moden Fund, will be the recipient of 20% of the balances of all their remaining IRA’s.
BACKGROUND: Gary and Mary Moden are both originally from Minnesota. Gary received his BA and MA from Minnesota State University. He received his PhD from the University of Missouri. Mary received her BA degree from Lea College and BS degree from the University of Missouri and her graduate studies at Ohio University. Gary spent his professional career working 47 years in higher education at 4 different institutions. Most of his time at the University of Missouri (6 years) and Ohio University (37 years). At Ohio University he held both administrative and faculty positions. As an administrator he was responsible for institutional research, planning and institutional budgeting. As a faculty member, he taught graduate students in the these fields. Mary taught in public schools for over 30 years in Missouri and Ohio. She had children from 1st grade to 8th grade and taught reading, English and social studies. She also supervised student teachers for the Ohio University College of Education.
Gary and Mary Moden have 2 sons and 6 grandchildren. They have owned property in Canaan Valley since 1987. They originally owned in Deerfield Village and in 1998 they purchased a home in Timberline. They moved to that house in 2007 as full time West Virginia residents. The Modens are involved in several activities locally. They are members of the Davis Memorial Presbyterian Church in Elkins, where Gary currently serves as an Elder. Both Gary and Mary are active with the Friends of the Mountaintop Public Library. Gary serves as the Treasurer of that organization. Mary has served as the president of the Canaan Valley Women’s Association and is a member of the Canaan Valley Fire Department Auxiliary.