THE FUN & FORMULA OF PI DAY
It’s a geometry theory known to scientists, students and bakers, among others. We’re talking about the mathematical constant know as Pi. Pi Day is always celebrated on March 14 because 3/14 are the first three significant figures of pi, which is an infinite number. Pi can calculate the circumference of a circle by measuring the diameter—the distance straight across the circle’s middle—and multiplying that by the 3.14-plus number.
The number was given its name in 1706, when Welsh mathematician William Jones began using the Greek symbol for Pi, the first Greek letter in the words “periphery” and “perimeter.” Pi Day itself was founded by Larry Shaw, an employee of the Exploratorium science museum in San Francisco in 1988.
Scientists use Pi to understand anything that involves a circle, sphere or curve, but there are also many practical applications of Pi in our everyday life. In construction, it’s used to calculate the size of pipes, wheels, tanks and other circular components in buildings. In medicine, it helps to calculate the volume of organs or tissues in certain scans. Pi even aids us in understanding natural phenomena like the spiral patterns in seashells.
Nowadays, people around the world take part in a fun tradition of having a slice of pie or pizza. How will you celebrate Pi Day?
AXIOM NEWS
Blessings in a Backpack
Members of the Axiom team recently volunteered to pack bags of groceries at Slate Elementary School. The event was organized by “Blessings in a Backpack Floyd County,” which serves 12 elementary schools. It’s estimated just under one in six of these children face food insecurity. Many of them leave Friday with the possibility of not having enough food to carry them through the weekend. The Blessings in a Backpack Floyd County program provides food for 1,829 children who might otherwise go hungry before returning to school on Monday. If you would like to donate to this important cause, you can click here for a link.
Our New Financial Advisor
Many of you already know Leah Driver, who has been the Chief Financial Officer for Axiom since 2021. We are pleased to announce that Leah has transitioned to become a Financial Advisor on our team. With a reputation as a trusted CPA for more than a decade, Leah is in an ideal position to advise clients on a wide range of investment management advice, including retirement planning, college savings and the most up-to-date strategies to build your portfolio. Please join us in congratulating Leah on this new move.
Welcoming a New Team Member
Axiom Financial is excited to welcome Justin Kepley as our Chief Investment Officer. “As we continue to devote more resources to investment management, Justin will play a key role in providing tailored services to our clients,” explains Vaughan Scott, CEO. Justin’s primary responsibilities will include firmwide investment management, alternative investment due diligence and client investment consultations.
He joins Axiom with an extensive career in mergers and acquisitions. In addition to investment management experience, Justin holds the Chartered Financial Analyst designation.
News You Can Use
Qualified Charitable Deductions
If you are over 70 1/2 and are looking for ways to reduce your tax burden while also helping out some of your favorite causes or organizations, you may be interested in a Qualified Charitable Distribution. This allows you to directly transfer funds from an IRA account to a qualified charity and count the donation toward your required minimum distribution (RMD), while excluding the amount from your taxable income. Click here to learn more about the requirements and advantages of a QCD.
Estate Challenges for Blended Families
Figures from the U.S. Census Bureau show 16% of American children live in blended families. In fact, 1,300 new step-families are formed every day, and 40% of American families are blended in some form. If you are part of a blended family, it could affect your estate planning. You’ll likely want to seek professional advice regarding your particular situation. Here are three examples of some challenges you may want to address.
We will be celebrating Leah’s new position of Financial Advisor during an Open House on March 13 from 4:30 to 6:30 p.m. The party will be held at The Exchange Pub at 118 W. Main St. in New Albany. Please RSVP to [email protected] if you can make it. We hope to see you there!
MARCH HAPPENINGS
Jim Henson’s Fraggle Rock
When Gobo, Red, Mokey, Wembley and Boober Fraggle discover a legend about a long-lost Fraggle treasure called the Celebration Stone, they embark on an adventure to find it and end up celebrating the greatest treasure of all. It’s something much more special than they could have ever imagined! Louisville Palace on March 5 at 7 p.m. Go here for tickets.
St. Paddy’s Day Bar Crawl
Get lucky this St. Patrick’s Day. Bring your crew, wear your green and be ready for a day full of green drinks, shamrocks and epic bar-hopping. Included are a bar crawl map, 2-3 drinks or shots, no cover at all bars, green/gold beads and food specials at select venues. Check-in at Flanagan’s Ale House on Baxter Avenue. March 15 from 4 p.m. to midnight. Tickets available here.
LouCity vs. Loudoun United FC
Cheer on Louisville City FC as they push for a championship! Since starting play in 2015, the team has quickly established a reputation for winning on the pitch and solid fan support. LouCity, as the club is often referred to, is a fully professional USL Championship member, now sanctioned Division 2 by U.S. Soccer. Louisville City takes on Loudoun United FC at Lynn Family Stadium March 22 at 4 p.m. Buy tickets here.
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