A Diversified Portfolio

Since graduating from Peddie, Kevin Marrazzo ’74 & Bunky R. Runser ’74 have not only remained committed to each other but also to the school. This past year, in addition to their annual donation to The Peddie Fund, their support came in the form of a bequest for Peddie.

Marrazzo explained their decision:

Peddie has always had a special place in our hearts. We have consistently supported The Peddie Fund because of what Peddie gave us: a great education, excellent teachers, a fun and enriching campus atmosphere and the opportunity to form friendships that continue to this day. And, of course, we met each other there.

As we made estate planning decisions, we realized that the distribution should be similar to how it was acquired. To maximize your return, financial advisors will tell you that while you can pick individual stocks, you should also have a diversified portfolio, including index funds that invest in numerous stocks. We have included individual family members in our will, but the gift to Peddie is analogous to an index fund – we are investing in a ‘diversified portfolio’ of future Peddie students.