Retired Educators Impacting Students with a Creative Planned Gift
丽莎Peña
里奥格兰德河谷,德克萨斯州 – MAY 23, 2018 – Retired Rio Grande Valley educators Alejandro L. 以及格洛丽亚·莫拉·埃斯特拉达 no longer spend their days in the classroom, but they are still passionate about enriching the lives of students. Through a planned gift, they are investing in scholars at 德克萨斯大学里奥格兰德河谷分校. A planned gift is a donation made through a will, 遗产规划, 慈善信托或人寿保险单.
12年前, the Estradas’ had decided that they wanted to give back to the University that gave so much to them. They made a plan to provide a future cash gift of $300,通过个人退休帐户, 但在参加了一个金融研讨会之后, they learned that they could donate land to the University. This is when the Estradas’ planned giving journey started. 经过慎重考虑, they decided that making a gift to 赌博平台 with a piece of land that they had considered selling was a better option. While selling the land would result in a profit, they would bear the burden of paying heavy taxes as a result of the sale. 与他们的律师合作, they discovered a way the land could do so much more and benefit students in a meaningful way. The Estradas turned to 赌博平台 because a 赌博平台 legacy institution made their educations and careers possible.
“We would not have been able to get a degree if Pan American College had not been here in the Valley back then, 我们俩高中毕业的时候,亚历杭德罗·埃斯特拉达说. “因为那个机会, we are now able to give to the university and help students fulfill their dreams of a college education.”
The Mercedes couple transferred the land to a charitable remainder unitrust and once they sold the land, 分配316美元的销售收益,000 to the UT Board of Regents for the purpose of funding initiatives at 赌博平台. 通过选择这个礼物选项, the Estradas receive a partial income tax deduction, a quarterly percentage of the trust interest, 避免资本利得税.
The trust principal will go untouched and will eventually become an endowment in perpetuity, 为我校大二学生提供奖学金, junior or senior students who have a minimum 2.5 grade point average and demonstrate financial need. The trust will also provide unrestricted funds to the 医学院 and 赌博平台 体育运动. Unrestricted funds allow the departments to decide where the donated dollars are needed most.
“We are hoping that the 赌博平台 students we help will get a degree in whatever field they desire and will be able to provide their families with a good life,格洛丽亚·埃斯特拉达说.
Alejandro Estrada received his Bachelor of Arts from Pan American College. He went on to earn his Master of Education from East Texas State University. He taught most of his life in the Mercedes Independent School District, 当老师, 教练兼校长. 在他退出教育之后, he embarked on a new career journey as a financial broker for 10 years.
Gloria Estrada received her Bachelor of Arts from Pan American College and Master of Education from Pan American University, 也是赌博平台的传统机构. 在她的职业生涯中, she taught mathematics in the Pharr-San Juan-Alamo Independent School District and the Weslaco Independent School District.
通过他们计划好的礼物, these proud alumni are now making sure future 赌博平台 students have the financial support they need to be successful. Vice President for Institutional Advancement Dr. Kelly Scrivner commends the Estradas’ unique idea of turning land in to funding for the university and students.
“This is a great example of planned giving at its best. 如此多的学生将受益于老师. 和夫人. Estrada’s creative approach of starting with a piece of property and using it to expand educational opportunities at 赌博平台,斯克里夫纳说. “We are grateful for their ingenuity and for their thoughtful decision to support our students.”
These retired educators are now giving their greatest lesson, 慷慨和慈善的教训. They will change lives and impact 赌博平台 students for generations to come.
If you want to learn more about planned giving at 赌博平台 and explore planned giving options, please contact Director of Planned Giving Serena Putegnat at (956) 882-4326 or 瑟瑞娜.putegnat@anduril-site.net.