ذكذكتسئµ Magazine Women Who Made a Difference Remembering Eulah, Louise, Mable, Madeleine, and Nora
by Iva Hillegas Schatz
Director of Planned Giving
Who Were They?
These women were a part of the ذكذكتسئµ family although they never enrolled as students and probably never met one another. Each individual became acquainted with the college through our development staff. They had an important relationship with ذكذكتسئµ and received life-income checks from the college until they departed this life last year. Each of these women made a difference by leaving a gift to Westmont.
What Did They Have in Common?
These women valued higher education and believed that ذكذكتسئµ is a place that prepares young people in a special way. They saw that Christian higher education makes a difference. Each one wanted to leave a legacy gift to Westmont, but they also needed to supplement their income during their lifetimes. Over the years they talked with staff members from ذكذكتسئµâ€™s development office to find a way to accomplish their goals.
What Plan Did They Choose?
A ذكذكتسئµ gift annuity turned out to be a logical choice for them. It provides a lifetime income (as well as a charitable deduction for income-tax purposes) and ultimately leaves a gift to Westmont. Some of our annuitants are widows (or widowers), and some are single persons. Some gift annuity agreements are set up by a husband and wife with the promise that ذكذكتسئµ will continue to pay the annuity to whichever one survives. Other agreements are established through a will or living trust that provides supplemental income for a surviving loved one with an ultimate gift to the college. A ذكذكتسئµ gift annuity is a plan that fits many different family situations.
ذكذكتسئµ Gift Annuities in 1997
With modern technology it is now a very simple matter to provide our ذكذكتسئµ family with facts and figures to help in the gift-planning process. If you think you want to “make a difference†and need more information about a ذكذكتسئµ gift annuity, we would like to hear from you. Annuity rates are based on age, so we need to know birth dates and whether you would be using cash or appreciated assets to fund the gift annuity. Then we let the computer produce a proposal to show what your annuity payment and your income tax deduction would be.
You can contact me by letter, phone (805) 565-6034, e-mail ischatz@westmont.edu or by fax (805) 565-7250, if you are interested in a ذكذكتسئµ gift annuity.