Estate and Planned Giving Services
Concordia University Portland has a 100-year legacy, and you have the opportunity to make a difference during Concordia’s future. Planned gifts can be of many intents and designs, and we are pleased to share and discuss possibilities for how you can leave a lasting legacy. As partners in our shared mission to prepare students to transform society, your legacy generates the means to make a dream a reality for many years to come.
Luminary Society
Jody and I named Concordia as beneficiaries of our IRAs. It’s a simple and straightforward way to support a special place that transforms society with love and care.
Jody and George Thurston
The Luminary Society has been established at Concordia University to appreciate those who have remembered us in their future giving and estate plans. Your participation in the Luminary Society helps assure the values of justice, compassion, and moral integrity will thrive in the lives of Concordia students and in the future your generosity will help them create. As a member, you will be invited to our annual Luminary Luncheon as well, to share in the celebration of Concordia.
Gift Annuities
Creating a gift annuity allows you to obtain a higher level of retirement income while helping young people have the chance to earn a university degree. A gift annuity is an agreement between a person (or couple) and Concordia where the person gives Concordia money, and in exchange Concordia makes high, fixed-for-life payments back the donor for life (annuity). When the donor passes away, the balance becomes an outright gift to the University.
Charitable Trusts
Charitable Remainder Trusts (CRTs) can be one of the most powerful planning tools available as people do retirement and estate planning.
CRTs afford the donor potentially five favorable tax outcomes by virtue of one financial transaction. They are:
- Capital gain tax avoidance
- Income tax deduction
- Tax free compounding
- Income payments taxed favorably
- Estate tax elimination (for those people with larger estates)
If you have an asset (or assets) that has appreciated significantly in value, and you are considering selling it, call Concordia for more information about how a CRT might be right for you.
Estate Planning
Make an enduring commitment while protecting your loved ones’ inheritance at the same time. If estate planning is something you are thinking about for the first time or if you need to update an old plan, we have resources to help you. Ask about our Will and Trust Planning Guide and Estate Inventory Form. Our staff is well-versed in the technical aspects of business transition, retirement, and estate planning. If you would like to learn more about these services please call 503-280-8505 or email. There is no cost or obligation to inquire.
