Deferred Gift Annuity Provides Peace of Mind
Like so many people without family, John Schulte '57 of Burlington, Iowa worried about outliving his resources. He found a solution to his concern through the establishment of a deferred gift annuity with St. Ambrose University.
John, a retired teacher and landlord found peace of mind through this gift plan, which provides him with a generous charitable tax deduction, a life income stream, a portion of which is tax free. "This gift plan helps me support my alma mater generously while giving me the security of income for life, along with a charitable deduction," commented John.
"I recently toured campus and was amazed to see how much it has grown! I know that my gift helps to strengthen the university's endowment. I feel good about supporting future generations of Ambrosians."