[Congressional Record Volume 153, Number 23 (Wednesday, February 7, 2007)]
[Extensions of Remarks]
[Pages E289-E290]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




           IN HONOR OF D. WAYNE HOLDEN & SHERMAN L. TOWNSEND

                                 ______
                                 



                         HON. MICHAEL N. CASTLE

                              of delaware

                    in the house of representatives

                      Wednesday, February 7, 2007

  Mr. CASTLE. Madam Speaker, it is with great pleasure that I rise 
today to recognize Mr. D. Wayne Holden and Mr. Sherman L. Townsend for 
their distinguished contributions to my home state of Delaware. In 
2001, the Delaware Community Foundation established an award, now known 
as the Allen Cup Award, in order to honor the achievements of 
philanthropic leaders that posses the vision and drive to affect 
meaningful change throughout Delaware, and more specifically in the 
central and southern regions of my home state. I cannot think of two 
more deserving recipients.
  Wayne Holden, a Dover, Delaware native, has always been deeply 
passionate about improving his community. Many of his philanthropic 
projects are carried out through The Thank You Fund, a donor-advised 
fund that he and his wife, Betsy, started through the Delaware 
Community Foundation (DCF). The Holdens are responsible for supporting 
numerous charitable organizations ranging from the Nature Conservancy 
to the DCF Youth Philanthropy Board.
  Wayne has also played a pivotal role in preserving the quality of 
Delaware's communities. At a time when the Schwartz Center for the Arts 
and the Dover Art League experienced serious financial instability, 
Wayne donated his own leadership skills and financial resources in 
order to save these organizations. Through his work as First Vice 
President at Merrill Lynch in Dover, Wayne has been able to inspire 
others to create charitable legacies and thus furthered his own 
philanthropic mission of improving Delaware.
  Sherman Townsend, has worked alongside Wayne on the Board of the 
Delaware Community Foundation and also in business as the First Vice 
President for Investment at Merrill Lynch. Throughout his many 
endeavors, Sherman has been successful at building a legacy of 
leadership and charity within his community. As an active board member 
of the DCF since 1986, he has helped the foundation grow and flourish. 
His noble efforts have secured $2 million grants, established a $3.3 
million endowment and lead to partnerships with organizations such as 
the United Way.
  Sherman's philanthropic spirit shines brightly in all aspects of his 
life. In addition to advising and helping his clients build charitable 
legacies, he and his family have established a fund which supports many 
important organizations such as, the Children's Beach House, Meals on 
Wheels, and the Bayhealth Foundation. Sherman has further demonstrated 
his dedication to the community through his involvement on the 
University of Delaware Board of Trustees, paying particular attention 
to the development of scholarships for students and the School of 
Nursing.
  I could speak for hours and still not do these two men justice. Their 
contributions will

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have a lasting impact upon our state and I am truly grateful for all 
they have done. I cannot think of two men more fit to receive the Allen 
Cup Award. I wish the Delaware Community Foundation warm wishes as they 
bestow this honor upon such deserving recipients.

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