Current:Home > FinanceHow the cats of Dixfield, Maine came into a fortune — and almost lost it -TrueNorth Capital Hub
How the cats of Dixfield, Maine came into a fortune — and almost lost it
View
Date:2025-04-12 08:30:04
More than 20 years ago, 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! (3694)
Related
- Meta donates $1 million to Trump’s inauguration fund
- A Call for Massive Reinvestment Aims to Reverse Coal Country’s Rapid Decline
- NFL Star Ray Lewis' Son Ray Lewis III Dead at 28
- Pete Davidson Charged With Reckless Driving for Crashing Into Beverly Hills House
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- What Has Trump Done to Alaska? Not as Much as He Wanted To
- Why Nick Cannon Thought There Was No Way He’d Have 12 Kids
- Energy Regulator’s Order Could Boost Coal Over Renewables, Raising Costs for Consumers
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- This Frizz-Reducing, Humidity-Proofing Spray Is a Game-Changer for Hair and It Has 39,600+ 5-Star Reviews
Ranking
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- It's a mystery: Women in India drop out of the workforce even as the economy grows
- Tesla's stock lost over $700 billion in value. Elon Musk's Twitter deal didn't help
- Kate Spade 24-Hour Flash Deal: Get This $400 Satchel Bag for Just $89
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- John Mellencamp Admits He Was a S--tty Boyfriend to Meg Ryan Nearly 4 Years After Breakup
- Eminem's Role in Daughter Alaina Scott's Wedding With Matt Moeller Revealed
- These Drugstore Blushes Work Just as Well as Pricier Brands
Recommendation
Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
Two Louisiana Activists Charged with Terrorizing a Lobbyist for the Oil and Gas Industry
Buying a home became a key way to build wealth. What happens if you can't afford to?
In-N-Out brings 'animal style' to Tennessee with plans to expand further in the U.S.
Arkansas State Police probe death of woman found after officer
New Arctic Council Reports Underline the Growing Concerns About the Health and Climate Impacts of Polar Air Pollution
Police link man to killings of 2 women after finding second body in Minnesota storage unit
Text: Joe Biden on Climate Change, ‘a Global Crisis That Requires American Leadership’