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A Will to Lead inspires new estate gifts to help secure Ƶ’s future

Ƶ LEADS Campaign chair Chris Martin ’78 P’13 announced a special campaign initiative to allow alumni, parents and friends to establish a lasting legacy at Ƶ by placing the university in their estate plans to fund scholarships and other key institutional priorities.

 

 

 

 

Ƶ LEADS Campaign Chair Chris Martin ’78 P’13 announced a special initiative to inspire alumni, parents and friends to make a lasting impact at Ƶ by including the university in their estate plans. The initiative, called A Will to Lead, allows donors to help secure Ƶ’s future while providing life-changing opportunities for students for generations to come.

Chris Martin ’78 P’13

“Placing Ƶ in your will is the most powerful way that each of us can make a long-term impact at our university,” said Martin, who also serves as an Ƶ trustee. “Estate gifts allow you to provide for your loved ones now, create an enduring legacy at Ƶ and build an essential pipeline of support for the university’s future.”

President Connie Ledoux Book called A Will to Lead a vital part of reaching the $250 million goal of the Ƶ LEADS Campaign. As of March 5, donors had contributed $206 million toward the goal, including $34 million in estate gifts alone.

“I am grateful to all the donors who have stepped forward during the Ƶ LEADS Campaign to place Ƶ in their wills,” Book said. “We are all stewards of Ƶ’s past, present and future, and the impact that our donors make lives on with every generation of Ƶ students. I can think of no better legacy.”

Martin made a $3 million estate gift in 2018 as part of his Ƶ LEADS commitment. The gift will provide future resources for scholarships and other key institutional priorities.

“I wanted to ensure that my estate provides for both Ƶ and my son Nicholas ’13, which I’ve done,” Martin said. “I made my gift an unrestricted endowment gift because I want it to go where it’s needed the most, including to support scholarships. I trust Ƶ to do the right thing with this gift.”

Estate gifts of all sizes are important to Ƶ’s future, Martin said. They also allow donors to make their biggest impact at Ƶ because they do not have to part with any financial assets during their lifetime.

“I believe we all have a will to lead, and I am asking each member of our community to join me in creating this transformative legacy and prepare the graduates our world needs,” he said.

“A Will to Lead provides our community the opportunity to begin the estate planning process or update their current estate plan,” said Elizabeth Read, assistant director of planned giving at Ƶ. “Estate gifts are among the easiest gifts you can make, and we are available to help walk you through the process.”

Benefits of Estate Gifts

Placing Ƶ in your estate offers the following benefits:

  • A Lasting Legacy: Your impact will be felt for generations to come.
  • Support Your Priorities: Choose the program or opportunity meaningful to you.
  • Maximum Flexibility: Provide for yourself and loved ones with no financial impact today.
  • Peace of Mind: Be confident Ƶ will honor your philanthropic wishes.
  • Ease of Giving: Ƶ staff can walk you through the process, including providing language to share with your attorney or financial advisor when making your estate plans.
  • Order of the Oak: Your estate gift qualifies you for membership in Ƶ’s planned giving recognition society.

Ways to Give

  • Estate Beneficiary: Designate Ƶ as a beneficiary in your will, either as a percentage of your estate or a specific amount.
  • IRA Beneficiary: Designate Ƶ as a beneficiary of your retirement account(s).
  • Residual Bequest: Designate a specific amount or percentage of your estate to Ƶ after your assets have been distributed to other priorities.

Several members of the Ƶ community have already stepped forward to support A Will to Lead by making an estate gift or adding to their existing estate commitments.

John ’76 and Lesley Hill

John ’76 and Lesley Hill

Ƶ alumnus and Trustee John R. Hill ’76, of Bonita Springs, Florida, has increased his estate gift as a way of giving back to an institution that prepared him for success. Hill and his wife, Lesley, made their first estate gift in 2016 and planned to add to it over time. The Ƶ LEADS Campaign and A Will to Lead initiative inspired the couple to act now.

“Estate gifts provide someone with an opportunity to demonstrate how much they care about Ƶ without requiring them to make a gift now,” Hill said. “Ƶ was an important turning point for me and laid the foundation for the blessings I’ve been able to enjoy. I’m very thankful for that and feel it’s important to give back. Money is well-managed at Ƶ and as a trustee, I’m able to see that, and that’s important.”

Hill, who earned his Ƶ degree in economics and business, plans to continue growing his estate gift, which will support scholarships. He encouraged all alumni to consider supporting what they cherished most about Ƶ with an estate gift.

“We want to let people know how simple this kind of gift is to make,’’ he said. “If you already have an estate, it’s easy to add Ƶ into those plans. Many of us have been blessed and had good careers and have the opportunity to give back.”

Hill has served as an Ƶ trustee since 2013 and is the former president of the Ƶ Alumni Board. The couple established the John R. Hill ’76 and Lesley W. Hill Endowed Fund for Engaged Learning in Business to support research or other on-campus study, international study or business-related internships. They have also generously contributed to scholarships, Richard W. Sankey Hall, The Inn at Ƶ, Phoenix Club and the Inman Ƶ Welcome Center, where the first-floor conference room is named in their honor.

Hill serves as chief executive officer of Pinnacle Advisory Group, a leading privately held wealth management firm. He received Ƶ’s Distinguished Alumnus of the Year award in 2016 in recognition of his dedication to the university and his professional achievements.

“John has been one of the chief architects in the building of a strong alumni network at Ƶ,” said Jim Piatt, vice president for university advancement. “He and Lesley have been devoted stewards of Ƶ, and we are grateful.”

Kevin Tedeschi P’18

Kevin Tedeschi P’18

Ƶ parent Kevin Tedeschi P’18, of Duxbury, Massachusetts, has seen firsthand the benefits of an Ƶ education, having watched his son, Ralph ’18, form close friendships on campus and excel in the Martha and Spencer Love School of Business. He credits his pride in Ƶ with inspiring his estate gift to fund scholarships.

“My father taught me early on if you have wealth, you should share it. I am fortunate to have wealth, and I need to share it,” Tedeschi said. “I believe in Ƶ and in what I’m doing with this gift. Ƶ was a great fit for Ralph. It was the right size, and he enjoyed it from day one.”

Tedeschi also praised Ƶ’s national leadership in engaged learning and outstanding combination of professional programs with the arts and sciences. He believes those hallmarks of quality are worth supporting.

“Ƶ is a national institution, and it makes me proud to be associated with it,” Tedeschi said. “I like to give to education where they do a good job, and Ƶ is one of those places.”

“Ƶ is grateful to Kevin for his loyal and generous support of the Ƶ LEADS Campaign and scholarships in particular,” said John Gardner ’01, senior director of development. “Ƶ is a stronger university because of dedicated parents like Kevin.”

Learn More

For more information on how you can make Ƶ part of your estate planning by including the university in your will, please visit or contact Elizabeth Read, assistant director of planned giving, at 336.278.7474 or eread@elon.edu.

About the Ƶ LEADS Campaign

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With a $250 million goal, Ƶ LEADS is the largest fundraising campaign in the university’s history and will support four main funding priorities: scholarships for graduates the world needs, increase access to engaged learning opportunities such as study abroad, research and service learning, support for faculty and staff mentors who matter and Ƶ’s iconic campus. As of March 5, donors had contributed $206 million toward the goal.

Every gift to the university—including annual, endowment, capital, estate and other planned gifts—for any designation counts as a gift to the campaign, which will support students and strengthen Ƶ for generations to come. To learn more about how you can make an impact, visit .