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McElrathbey Trust Fund Info
Ray Ray McElrathbey
By
Staff Report
Posted Sep 19, 2006
|
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Information concerning public contributions to the Fahmarr McElrathbey Trust Fund was released Tuesday by the Clemson Athletic Department.
The fund will be established through the First Citizens Bank of Clemson, SC.
Fahmarr McElrathbey is the brother of Clemson football student-athlete Ray Ray McElrathbey, who has been granted custody of his 11-year-old brother Fahmarr. The story was originally told in an article by Charleston Post Courier sportswriter Larry Williams in August, and has featured in various national media outlets in the last few weeks. Ray Ray McElrathbey, a red-shirt freshman on the Clemson team, was named the Person of the Week by ABC World News tonight last Friday.
Last week, the NCAA granted Clemson a waiver, allowing the establishment of a trust to benefit Fahmarr in terms of providing basic needs in terms of food, clothing and other areas. The waiver also allows family members of Clemson coaches and administrators to provide transportation for Fahmarr.
The details of the trust agreement have not been finalized, but a special escrow account to be administered by Chris Olson of Olson Smith Jordan and Cox has been established. Once the trust agreement is complete, all funds in the account will be transferred to an account administered by the First Citizens Trust Department. All contribution are not tax deductible.
All checks should be made payable to First Citizen F/B/O Fahmarr McElrathbey and can be mailed to:
Fahmarr McElrathbey Trust
C/O First Citizens and Olson Smith Jordan and Cox Attorneys
PO Box 1627
Clemson, SC 29633
Anyone who wishes to make a contribution in person at the bank should come to First Citizens Bank at 1055 Tiger Boulevard in Clemson.
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