“I was fortunate to get a scholarship when I went to [college]…. Somebody was kind enough to spend their money to educate people that they would never get to know. That’s what I think philanthropy is about.”
This could have been said by any number of students at California State University, Long Beach. The speaker here was Lee Iacocca, former CEO of Chrysler. He began his career as an engineer at Ford Motor Company and participated in the design of some of the most popular cars on the road, including the Mustang.
Could your scholarship train the next engineer, business leader, nurse, teacher, artist or another CSULB student who will make similar contributions to our world?
To learn how you can create a scholarship with a gift that pays you back for the rest of your life (with tax-advantaged or tax-free income), give us a call. You can even create one now that starts to pay later when you are ready to retire.
SAMPLE GIFT ANNUITY RATES (as of July 1, 2011)*
Rates below are for a $10,000 single-life charitable gift. annuity
* All rates and estimated tax deductions are subject to change. This illustration is for educational purposes only and is not intended to be legal or tax advice.
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The Office of Gift Planning
Visit our Web site a www.csulb.edu/plannedgiving for even more giving ideas.