Unique Giving Opportunity for Stritch Supporters Age 70+
Congress recently enacted legislation that makes tax-wise giving for student scholarships, faculty support or other purposes at Cardinal Stritch University.
- If you are age 70 ½ or older, you are now eligible to transfer up to $100,000 from your IRA accounts directly to Cardinal Stritch University without having to pay income taxes on that money!
- You must act by December 31, 2014.
- If you wish to make a cash gift to Stritch, click here.
As a retired teacher, Patti (Ebben) DeBruin, ’77, occasionally gets the type of validation every educator treasures.
“I still get notes from parents, ‘It isn't just that you taught our kids to read but you really opened the dinner discussions at our table. Thank you so much,’” said DeBruin, who taught elementary school for 31 years in the Appleton Public School District.
DeBruin credits her Stritch education for giving her a broad range of experiences and encouraging her to challenge concepts and push the limits of her comfort zone while embracing the diversity within the world. She passed these experiences, perspectives, and insights on to many students throughout her years as a teacher.
To emphasize and express her affection for her alma mater, DeBruin and her husband, Bill, recently made Stritch a beneficiary in their will.
“When considering our wills, Bill and I are so very proud to include my alma mater in hopes that others may prepare professionally and have some of these great life experiences,” DeBruin said. “It was my honor to take this important step, remembering all the privileges Stritch gave me and all those who helped me.”
As the recipient of a scholarship herself, she said she feels fortunate to be in a position that allows her to open these same doors for a new generation of Stritch students.
Securities, real estate, business or property interest, and insurance bequests are just a few of the other assets to consider. These gifts can be given to the University directly or in the form of a deferred giving arrangement. If you are considering a gift in your will or estate plan, we will be glad to help you and your attorney design the best plan for your wishes, financial circumstances, and tax concerns.
View sample bequest language.
If you are interested in making a gift to Stritch, contact Chris Lange at (414) 410-4207 or firstname.lastname@example.org.