Volusia County Honors the Fallen of Central Florida
December, 2015
Representative Joyce Cusack, Representative Deborah Denys, Representative Dr. Fred Lowry Jr. Chairman Jason P. Davis, Vice Chair Pat Patterson, Jerry Pierce Chairman CFVMPF, Representative Joshua Wagner, Representative Doug Daniels.
Lake County Honors the Fallen of Central Florida
October, 2015
Jerry Pierce, Chairman of the Central Florida Veterans Memorial Foundation, left watches Tim Sullivan, BG( R), USA and Chairman of the Lake County Board of Commissioners, present a $25,000 check to the Memorial’s Honorary Campaign Chairman, LTG General Jay Garner , USA (Ret), for the upkeep of the Memorial to the Fallen at Lake Nona. Rick Gonzalez, right is the Memorial Foundation board member from Lake County.
On March 1, 2015, Central Florida was saddened to learn of the death of a friend and true American hero – LTC Earle L. Denton, USA Ret.
Earle was a highly decorated veteran of Korea and Vietnam. He was a recipient of the Purple Heart and Silver Star. Following his retirement, he continued to work for the benefit of all veterans and especially through his great work and influence in bringing the VA hospital to Orlando and making the Central Florida Veterans Memorial Park adjacent to the hospital become a reality.
He was also a leader and mentor in the modeling and simulation industry and in his community. He was an active member of multiple Orange County Government committees and special task forces. He was also named Orange County Citizen of the year three times. Earle served as a Director on the Board of the Central Florida Veterans Memorial Park Foundation.
His family has asked that in lieu of flowers, that donations in his honor and memory be made to the Central Florida Veterans Memorial Park Foundation, Inc. (cfvmpf.org).
Earle Denton will be missed by his family, and his many friends including all of the members of CFVMPF. Everyone who had the privilege and honor to have known Earle, remember and honor him with great appreciation for his leadership and inspiration.
Central Florida has the only Memorial to the Fallen in the United States that is adjacent to a Veterans Hospital. Located at the Lake Nona VA Medical Center, the Memorial was built to honor some 1200 fallen from six Central Florida counties the hospital will serve. It was designed as a place of healing on the lake next to the Chapel at the VA Hospital.
A group of local veterans volunteered their time from 2010 to 2014 to raise the necessary capital dollars to construct the Memorial. Today the Memorial is open to the public and is a fitting tribute to those who gave their all to protect our freedom and way of life, and an oasis of comfort and respite for any veteran or visitor.
As the new VA Medical Center opens and veterans and their families visit the Memorial, they will see the name or names of the Fallen they knew or served with. They will stroll by the lake, breathe in the fresh air, and sit and view the names of the fallen on the granite walls. Their names are listed on our website (www.cfvmpf.org).
Since the opening of the Memorial in November 2013, we have gained a better understanding on the expenses required to keep the Memorial and the grounds in good shape, as it is exposed to the elements. To cover such costs, the Foundation included in its fundraising campaign an endowment to be invested and earnings applied annually for the upkeep of the Memorial. Presently the endowment has approximately $300,000 invested. However an additional $650,000 – $700,000 is needed in gifts and grants to reach the endowment goal. Given the present and future economy, the endowment’s earnings will vary from year to year. The Foundation’s Board of Directors estimates that nearly $50,000 in earnings will be needed annually in the next two years.
Sample Earnings Table
Endowment Investment Rate of Interest* Annual Earnings
$ 500,000 5% $25,000
$ 750,000 5% $37,500
$1,000,000 5% $50,000
* This is the “ideal” rate. Current rates will range from 2% to 7%.
The Board of Directors of Central Florida Veterans Memorial Park Foundation has retained a firm to invest the funds and to use the earnings when needed for perpetual maintenance of the Memorial and the surrounding grounds.
The endowment campaign is currently seeking contributions to meet its goal. The following are suggested ways to leave a legacy, in your name or in honor or memory of a loved one, by making a tax-deductible contribution as follows:
Note: Please review these options with your financial advisor to minimize your taxes when making a gift. If you don’t have an advisor, we encourage you to contact: Mr. Joe Bert at the Certified Financial Group, www.FinancialGroup.com (407) 869-9800. His staff has conducted seminars for interested donors in the past and the firm is a major donor to the Memorial.
Thank you for your consideration. Your gift will serve as a lasting legacy for the future of the Memorial.
For more information contact: De.Voorhees@cfvmpf.org
DeLloyd Voorhees, Jr.
Colonel, US Army, retired
President, Central Florida Veterans Memorial Park Foundation
The Board of Directors of Central Florida Veterans Memorial Park Foundation, Inc., is pleased to announce the selection of Certified Financial Group, Inc., Altamonte Springs, Florida, for management of their Endowment Investment Assets.
Since 1976, Certified Financial Group has grown to become one of Central Florida’s largest independent financial services firms providing fee-only financial planning and investment management
The resolution adopted by the Board of Directors is now in full force and effect and is in accordance with the provisions of the charter and by-laws of the Corporation.
The Orlando Business Journal named Jerry Pierce as one of the 2014 Veterans of Influence. Twenty five Central Florida Veterans were recognized as Veterans who call Central Florida home and have made a difference not only for our nation, but also for their companies. Jerry Pierce is Chairman of Restaurant Equipment World.
Jerry Pierce, Senior Advisor, Past President and former Chairman of Central Florida Veterans Memorial Park Foundation, was very instrumental in the Memorial at Lake Nona becoming a reality.
Photo by VA Employee
Photographer – Jerry Pierce
