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Charitable Gift Annuities will fund future scholarships

Charitable Gift Annuities will fund future scholarships

"LaVon and I have the satisfaction of knowing we are helping young people attend college someday when our contributions become scholarship funds. I would rather give to Northwest than anywhere else because Northwest did so much for me, and I've used the knowledge I gained at Northwest every day of my life. We highly recommend the purchase of gift annuities to Northwest alumni and friends."

Charles started attending Northwest in 1941 on the National Youth Administration program, and in 1942 he entered the U.S. Navy. Following his military service, he returned to Northwest and completed a degree in business and industrial arts in 1949.

Charles has purchased and sold farm property since the early 1950s, and he farms and raises cattle in rural Cameron. LaVon earned an associate's degree at Maple Woods Community College in Kansas City. LaVon, now retired, had been employed by the Amoco Oil Company (now BP) for 28 years.

In 1996, Charles and LaVon started purchasing gift annuities from the Northwest Foundation. They have continued to buy annuities because "they are a very good investment and pay a good return. There also is a favorable tax advantage to a charitable donation to education," Charles said. In addition to a gift of highly appreciated stock, most of the couple's real property has been sold and proceeds have been gifted to the Northwest Foundation.

Contact the Office of University Advancement at (660) 562-1248 or advance@nwmissouri.edu
for more details about a charitable gift annuity or other ways you can leave a lasting legacy.


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