Our Blog - Live Generously

Read the thoughts and impressions on a variety of topics written by Christopher F. Kerrigan, President and CEO of the Community Foundation as well as occasional guest bloggers.

Audi Hilton Head Spotlights Community Foundation of the Lowcountry

Everyday Matters: Every Day Matters


If Only I Had Known
By Christopher Kerrigan / June 28, 2019


If you ask people what they’d do differently in life “if they’d only known,” you’ll hear a lot of people (especially those of us a little closer to retirement age) say they wish they’d made better financial choices and plans for their future.

Wade Webster and his wife Joan, who established Community Foundation of the Lowcountry’s first scholarship 24 years ago, are doing something to get people on the right track while they’re young. Their own astute financial planning, coupled with career success — Wade as a financial planner and business owner and Joan as a nurse — allowed them to retire early and move to Hilton Head in 1987.

The Joan and Wade Webster Scholarship, administered by the Community Foundation, is part financial support for college and part financial planning for life. Scholarship recipients are required to “learn and demonstrate sound personal financial principles.” They must read and write reports for selected books covering an array of financial topics during the four years they receive the scholarship. Additionally, they’re required to invest a small amount of money into an investment account and they must attend an annual financial awareness class, taught by Wade.

During these classes, lively discussions expose the students’ perspectives on saving, spending and investing. Wade says he must sometimes be painfully blunt with the students when discussing things like instant gratification or unrealistic expectations. But he’s learned to distinguish the difference between “educating the kids and stomping on their dreams.”

In the scholarship’s early days the Websters were able to getto know the students and revel in their successes. Like the recipient who earned a Ph.D. and now works at the National Institutes of Health, or the student who graduated early and was accepted to dental school. They were even invited to one student’s wedding. But as more students have received the scholarship
(68 in all!) it’s been more difficult to keep track of where all the students have landed.

Joan and Wade feel it’s their duty to give back. And they know Community Foundation of the Lowcountry can help them accomplish that. By working with us to establish their scholarship,
they have been able to focus not only on providing money for college, but on helping
students develop knowledge and skill sets that will offer them more and better financial choices later in life. It’s about the long term results. And nothing says that more than the power of education and knowing how to plan for financial success.

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Community Foundation of the Lowcountry

Mailing Address
P.O. Box 23019
Hilton Head Island,
South Carolina 29925

Office Location
4 Northridge Drive, Suite A
Hilton Head Island,
South Carolina 29926

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