James C. Bates & Alison Bates Charitable Lead Annuity Trust

Established by Alison Bates in 2005, the James C. Bates & Alison Bates Charitable Lead Annuity Trust provides financial assistance to financially needy students for undergraduate education. When reflecting on her reasons for creating the trust, Mrs. Bates said, “I got to thinking about how important education could be to those who want to start a business, as my husband James did, or who long for the knowledge that college would give them.” Before her death in 2009, Mrs. Bates enjoyed meeting students and knowing the difference a higher education can make for individuals and families.