FIRM FOUNDATION A LOCAL PHILANTHROPIST CARRIES FORWARD HER FATHER’S INSPIRING VISION.
Healthy Together
| 4 |
I
t’s circa 1965, and a young Edele Hovnanian waits at the school bus stop with her mother and sister. Her mother, Anna, gives a nickel to each child. “You can buy a treat at school—or give me back the nickel; I’ll give it to Daddy, and he will put it toward the next piece of property he’s buying,” Edele recalls her mother, Anna, often saying. Both children, Edele says, would hand back the nickel. The choice taught important lessons, Edele says. It told the children that money is not just for your own enjoyment. It suggested the importance of investment. “And it was Mom’s way of making us feel part of Dad’s success,” Edele says.
Winter 2022
CMC_Foundation_Winter22_final_10.5.indd 4
12/8/21 9:41 AM
