Your Legacy and Concordia: Partnering for Tomorrow
Establishing a planned gift with Concordia is a decision to share of yourself, to demonstrate your values, and to believe in the power of generosity.
Today, as you plan to leave your legacy, we invite you to explore the impact you can make at Concordia University Chicago. With your planned gift, the University will be pleased to welcome you into the Addison Society.
Join the Addison Society
The Addison Society was founded in 1990 to recognize individuals and families who have thoughtfully and generously included a gift to Concordia University Chicago in their will, or through another planned gift arrangement. Today, more than 250 families representing University alumni and friends are members of the Addison Society. These loyal individuals uphold the high standards and traditions of the past, while serving as partners in Concordia's plans for the future. Addison Society members will forever benefit generations of students.
Membership in the Addison Society is bestowed when a donor creates one or more of the following gift plans:
- Bequest under a Will or Living Trust
- Gift Annuity
- Charitable Remainder Trust
- Life Insurance policy or beneficiary designation
- Beneficiary Designations from retirement and other accounts
- Wealth Replacement Trust
- Donor Advised Fund
- Life Estate
- Charitable Lead Trust
For the various advantages that exist with each gift option, please review our planned giving fact sheet. An initial inquiry may be made with Debbie Hoover, Director of Planned Giving and Endowment Stewardship at (708) 209-3155 or Debbie.Hoover@cuchicago,edu.
A warm welcome awaits you as a member of our Addison Society family.
IRA Charitable Rollover provision :
Both the Senate and House have now approved H.R. 8, the American Taxpayer Relief Act of 2012, which includes a two-year extension of the IRA Charitable Rollover provision that lapsed on December 31, 2011. On 1-2-2013, President Obama signed the bill into law.
Specifically, the new law retroactively reinstates the Rollover for 2012 and allows any otherwise eligible gifts made after December 31, 2012 and before February 1, 2013 to be treated as a 2012 donation. The new law also specifies that any portion of a distribution from an IRA to a taxpayer made after November 30, 2012 and before January 1, 2013 may be treated as a qualified charitable distribution for purposes of the IRA Charitable Rollover. Finally, the IRA Charitable Rollover has been reinstated for all of 2013 and will now expire on December 31, 2013.