You are here: Home > News & Events

News & Events

LU receives $253,000 from N.C. donor

November 10, 2009 : Mitzi Bible

Many faithful supporters have contributed to the growth of Liberty University since 1971. The success of its spiritual, academic and athletics programs is due in large part to people who gave generously out of what they had so that students could be trained, as founder Dr. Jerry Falwell said, to become “young Champions for Christ.”

A recent bequest from a Reidsville, N.C., man is one example. Working with Harold Knowles from Liberty’s Planned Giving Department, the man first purchased a charitable gift annuity from Liberty in 2003, but as a relationship developed between them, the man later decided to include Liberty in his estate plans, leaving the school $253,681.

Knowles said the money will be used for general needs within the university. He said the donor, who died in January 2008 at age 86, was a loyal supporter of Falwell and admired his fight in the political arena. He was also a longtime member of The Jerry Falwell Legacy Society, which recognizes people who make commitments to the future of Liberty University through their estate plans.

Knowles said although the man only lived a little over an hour away from the university, he never stepped foot on campus. But keeping in touch with Liberty through watching Falwell’s TV services and through regular visits from Knowles, he knew he wanted to leave a legacy here.

 


In addition to annuities and bequests through a will or trust, Liberty’s Planned Giving Department also offers estate planning in the form of gifts of property subject to a life estate and naming Liberty University as the beneficiary of a life insurance policy or retirement plan. To learn more about Planned Giving through Liberty University, go to www.lugiving.com or call (800) 543-5309.