Ed Smith, Holt's best friend and executor of his estate, recently discovered that Holt had amassed a fortune of $2.5 million. Smith has set up a trust through the New Hampshire Charitable Foundation, from which organizations will be able to apply for grants, drawing from the interest, roughly about $150,000 annually. Town administrator Kathryn Lynch has promised to use the money left by Holt "very frugally" as he did.
Geoffrey Holt Leaves Behind a Fortune of $2.5 Million to Benefit the Town of Hinsdale, New Hampshire
Geoffrey Holt Leaves Behind a Fortune of $2.5 Million to Benefit the Town of Hinsdale, New Hampshire