Current:Home > InvestJohnathan Walker:How the cats of Dixfield, Maine came into a fortune — and almost lost it -Mastery Money Tools
Johnathan Walker:How the cats of Dixfield, Maine came into a fortune — and almost lost it
Algosensey View
Date:2025-04-09 14:28:29
More than 20 years ago,Johnathan Walker something unusual happened in the small town of Dixfield, Maine. A lady named Barbara Thorpe had left almost all of her money—$200,000—to benefit the cats of her hometown. When Barbara died in 2002, those cats suddenly got very, very rich. And that is when all the trouble began.
Barbara's gift set off a sprawling legal battle that drew in a crew of crusading cat ladies, and eventually, the town of Dixfield itself. It made national news. But after all these years, no one seemed to know where that money had ended up. Did the Dixfield cat fortune just...vanish?
In this episode, host Jeff Guo travels to Maine to track down the money. To figure out how Barbara's plans went awry. And to understand something about this strange form of economic immortality called a charitable trust.
This episode was produced by Willa Rubin with help from Dave Blanchard. It was engineered by Josh Newell. Sally Helm edited the show and Sierra Juarez checked the facts. Jess Jiang is Planet Money's acting Executive Producer.
Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.
Always free at these links: Apple Podcasts, Spotify, Google Podcasts, NPR One or anywhere you get podcasts.
Find more Planet Money: Twitter / Facebook / Instagram / TikTok / Our weekly Newsletter.
Music: "A Peculiar Investigation" "Benin Bop" and "Tropical Heat."
veryGood! (774)
Related
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Transcript: Sen. Chris Coons on Face the Nation, July 9, 2023
- You'll Whoop It up Over This Real Housewives of Orange County Gift Guide
- Michael Cohen plans to call Donald Trump Jr. as a witness in trial over legal fees
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Besieged by Protesters Demanding Racial Justice, Trump Signs Order Waiving Environmental Safeguards
- In bad news for true loves, inflation is hitting the 12 Days of Christmas
- Target recalls weighted blankets after reports of 2 girls suffocating under one
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- How an 11-year-old Iowa superfan got to meet her pop idol, Michael McDonald
Ranking
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Kate Spade 24-Hour Flash Deal: Get This $300 Crossbody Bag for Just $59
- How 2% became the target for inflation
- Charlie Sheen and Denise Richards' Daughter Sami Clarifies Her Job as Sex Worker
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Tori Bowie’s Olympic Teammates Share Their Scary Childbirth Stories After Her Death
- Neil Patrick Harris Shares Amazon Father’s Day Gift Ideas Starting at $15
- Shop the Must-Have Pride Jewelry You'll Want to Wear All Year Long
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Shannen Doherty Recalls “Overwhelming” Fear Before Surgery to Remove Tumor in Her Head
Britain is seeing a wave of strikes as nurses, postal workers and others walk out
Republicans plan more attacks on ESG. Investors still plan to focus on climate risk
Sam Taylor
Warming Trends: Mercury in Narwhal Tusks, Major League Baseball Heats Up and Earth Day Goes Online: Avatars Welcome
Pennsylvania Grand Jury Faults State Officials for Lax Fracking Oversight
Besieged by Protesters Demanding Racial Justice, Trump Signs Order Waiving Environmental Safeguards