Final Words
Ending on a personal note, recent events in our family and in the lives of some very dear friends of ours, have once again brought to the fore for me, the very real importance of this due diligence. When you come right down to it, our passing, for us as believers, in a God who loves us and has made a way through His Son to assure that we can be with him when our “eyes close here”, and then “open there”, is not to be feared. It is in just such assurance then, that we can confidently and resolutely set upon just what we want to see happen “to and for whom and when”—and that is what a well-designed plan affords.
Our ultimate achievement (what we define as success before Him) centers upon our ability to establish a relationship with you that is built on trust and confidence, to the end that we might be able to assist you in this important area—for the peace of mind it will afford you, and the context it will create to allow for key decisions around wealth preservation and its ultimate distribution, both during and after our time here.
Please explore our website for additional resources and information. There you will find a best practice worksheet for you to deploy with a qualified attorney, as well as tips and instruments that can help you minimize if not eliminate certain taxes when setting upon these various forms of planning. Of course, do not hesitate to reach out to us for any assistance we can provide—by email at leavealegacy@letufoundation.org or by direct call to 800-259-5388, and ask for the Foundation.
Blessings upon you as you consider these important “stewardship of life” areas!
By His appointment,
Tom Bevan, Founding President and CEO
The LeTourneau University Foundation is that distinct entity through which all forms of Estate and Planned Giving designs are arrived at. We also serve as the Administrator of the University’s many Endowed Scholarships. In it all, we operate in an “estate advisory” capacity, in accordance with prevailing Statutes, and our President’s (Texas) DOI License Number 2273313 (NPN 3898722).
“Estate and Legacy Planning” – Does it Really Matter?
Think about this: early in the life of Israel we see the Lord repeatedly reminding them about the importance of passing on to “their children and their children’s children” God’s testimony of faithfulness (Deuteronomy 4:9 and following). God went on to tell the children of Israel that He wasn't’t talking directly with their children, but rather with them – because “their eyes had seen” all that the Lord had done (Deuteronomy 11:2-7).
Estate planning, when done with intentionality and by including a narrative of one’s life, can be an incredible means of motivating future generations. Further empowering such planning with
Watch for our next installment where we will purpose to unpack …
- what estate and legacy planning is
- why it’s important
- what it looks like
and most importantly,
- how it can be a compelling motivation for succeeding generations when it is empowered with an integrated level of charitable gift planning
As always, if we can be of service to you in this area, or for any questions you may have, please do not hesitate to email us at leavealegacy@letufoundation.org or call us toll-free at 903-500-2972 and ask for Tom Bevan.
And always a proper disclaimer: When considering what we might point to by way of a benefit to you in any given situation, always assure to consult your legal and tax advisor for what qualifies as the actual tax treatment of that scenario in your unique situation.
Scholarships play a major role in the lives of LETU students. More than 90% of the student body receives financial assistance from scholarships, grants, and loans. But with graduating seniors incurring significant financial debt, it is our goal to lessen the burden and increase our scholarship aid. Endowed scholarships play a vital role in decreasing the debt burden on students.
Why do LETU alumni and friends choose to establish Endowed Scholarship Funds?
- To perpetuate the memory or legacy of a loved one;
- To honor positive role models who have significantly influenced others;
- To invest in today's students who will influence every workplace and every nation for Christ tomorrow.
Endowed Scholarships provide significant impact:
- Equip leaders for tomorrow today;
- Recruit and retain outstanding students seeking the hands-on, Christ-centered education that has for decades been the strength of LETU;
- Recognize and reward outstanding performance by students with demonstrated financial need.
Endowed professorships, chairs, programs and schools are also available. Call 903.233.3833 to establish your endowment today.
Many companies will match their employees' charitable gifts. Some will even match the donations of retirees or employees' spouses! You can make your money double or even triple and at the same time invest in students' lives.
If your company is eligible, request a matching gift form from your employer's Human Resources department. Complete, sign and send in the completed form with your gift- every time you give a gift! Inform your employer of your donation and give them LeTourneau University's mailing address (2100 S. Mobberly Ave. Longview, TX 75607) so they can make the match. We will do the rest.
Giving a cash gift isn't the only way you can support LeTourneau University students. All you have to do is sign up for all the programs below and then let your shopping do the donating. It's that easy! Your normal, everyday shopping will help the LETU Annual Fund provide scholarship aid to deserving students. Thank you!
Give by Shopping
You're going to buy things anyway, right? Here are some ways your purchase can benefit LeTourneau University.
Amazon Smile
Start your shopping at smile.amazon.com, choose LeTourneau University as your selected organization, and the AmazonSmile Foundation will donate 0.5% of the price of your eligible purchases.
Kroger
If you are a KrogerPlus member, Kroger's Community Rewards program donates a portion of your eligible purchases to the organization of your choice. Choose LETU! Visit https://www.kroger.com/topic/kroger-community-rewards-3 to enroll with your membership card and choose LeTourneau University (NPO# 84780). Don't forget to re-enroll each year to continue in the Community Rewards program.
Tom Thumb
Tom Thumb's Good Neighbor Program allows customers to direct donation dollars to a favorite church, school or other non-profit organization. Visit the courtesy booth at your local store to link your reward card to our account (use our Charity# 9090).
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