Hancock County Library Director Courtney Thomas announced to the Waveland Board of Alderman at their June 22nd meeting that the estate of Richard M. Tracey left a half-million dollar bequest to the Library Foundation of Hancock County for the exclusive use of the Waveland Library.
The bequest is being managed by People's Bank and will provide $20,000 a year until the bequest runs out (if ever). While the funds cannot be used for general operating expenses, it can be used to purchase materials, equipment or furnishings.
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“Apparently, Mr. Tracey grew up in Waveland,” says Thomas. “It shows how much libraries mean to people throughout their lives.”