WaterStone Stories

The Frugal Farmer

A frugal Pennsylvania farmer provided $5 million in college scholarships to rural students through WaterStone giving.

A Pennsylvania farmer, known for his humble lifestyle and deep faith, dedicated his life’s savings to create a scholarship fund that will impact generations. Living modestly and managing his resources with biblical stewardship, he believed his work could uplift others and serve God’s Kingdom. This $5 million scholarship fund, managed by WaterStone, was born from his desire to provide opportunities for rural students to pursue their dreams and faith-led lives.

Through the biblical principle of generosity seen in Proverbs 11:25, “A generous person will prosper; whoever refreshes others will be refreshed,” his gift continues to bear fruit. WaterStone ensured that his vision for community and Kingdom impact would flourish, facilitating a plan that allows his legacy to reach students each year, fostering future leaders and sowing seeds of faith-driven success. His story is a powerful testament to how one life, aligned with Kingdom values, can create an eternal impact.

Stephanie Hoff, CPA
Director of Client & Business Solutions

As WaterStone’s Director of Client & Business Solutions, Stephanie’s mission is to generate customized charitable plans that unlock the giving potential of non-cash assets. She is a licensed CPA in the state of Colorado and earned her Bachelor’s Degree in Accounting from Calvin College in Grand Rapids, Michigan. Stephanie grew up in Bloomington, Illinois, but now enjoys living in beautiful Colorado Springs with her storm-chasing husband, Robert, and their daughter, Juniper.