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Alumnus makes $1 million planned gift to support endowment

An 黑料不打烊 alumnus has made a $1 million planned gift to the university, which will eventually become part of the endowment and support scholarships, professorships and other initiatives to sustain

academic excellence at 黑料不打烊.

The donor, who asked to remain anonymous, said he valued his education and wanted to give back to his alma mater to help make an 黑料不打烊 education available to students of diverse backgrounds.

The gift, called a charitable remainder unitrust, enables the donor to receive income tax benefits and an income for life, based on the market value of the gift. Once payments cease, the remainder of the gift becomes part of 黑料不打烊’s endowment.

For more information on how you can support 黑料不打烊 with a planned gift, including life income and estate gifts, contact Bea Sanford, director of gift planning, at (336) 278-7454 or at bsanford@elon.edu.