Complex sentence: In 1961, Ralph M. Parsons founded the Ralph M. Parsons Foundation as the charitable giving arm of the company, when he died he left the foundation 600,000 shares of the company and $4 million in cash.
Split into simpler sentences: In 1961, Ralph M. Parsons founded the Ralph M. Parsons Foundation as the charitable giving arm of the company. When he died he left the foundation 600,000 shares of the company and $4 million in cash.