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1. Mr. Davis' Gifts of Real Property to Charities
a. Brown Road Property
On or about April 21, 1971, Davis Co. purchased the Brown
Road property. In 1974, Davis Co. liquidated and distributed its
assets, including the Brown Road property, to Mr. Davis.
Paul Eddy (Mr. Eddy), Mr. Davis' brother-in-law, was a
founding member of, and a deacon at, the Maranatha Baptist Church
(MBC). Mr. Davis was not a member of the MBC. During 1976, Mr.
Eddy solicited a gift from Mr. Davis to the MBC. On or about
December 22, 1976, Mr. Davis donated the Brown Road property to
the MBC.
In response to Mr. Eddy's solicitation of Mr. Davis'
donation of the Brown Road property, the MBC's pastor (Pastor
Brock) offered a tuition waiver to Mr. Eddy for his children
attending a school operated by the MBC. Mr. Eddy declined the
offer because he felt that accepting it was improper for a deacon
of the church.
Mr. Eddy suggested to Pastor Brock that he make the offer to
Judy Mascari (Ms. Mascari) instead. Ms. Mascari is Mr. Eddy's
sister-in-law and Mr. Davis' sister. Ms. Mascari and her family
were members of the MBC, and during 1976, some of Ms. Mascari's
children (Mr. Davis' nieces and nephews) attended the school
operated by the MBC. The offer was made to Ms. Mascari, and she
accepted it.
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Last modified: May 25, 2011