Planned Giving report 2020-2021

Dear Alumni and Friends, The impact of the Tower Society is felt across campus. It opens doors to the most talented students, granting them the extraordinary Lehigh experience without financial strain. Endowed chairs and professorships allow colleges and departments to attract and retain exceptional scholars and researchers. Other Tower Society gifts provide support for innovative research, critical opportunities in the arts and sciences, and the experiential learning that makes a Lehigh education so distinctive. As chair of the Tower Society, I am proud of all we make possible, together, for Lehigh. The university — and all of us — may have lived through the historic challenges of 2020 and 2021, but because of our commitments and the incredible work of its faculty, staff, and students, Lehigh endures. I am grateful, too, for the many ways that supporting Lehigh through a planned gift can be a benefit to our own financial future. On the following pages, you’ll read about the various planned giving vehicles that can help protect your assets while also supporting the core of the institution. These opportunities are not only a tax-wise strategy for managing your estate, they are a practical source of income and a wonderful way to give back. By supporting the endowment through a planned giving vehicle, I know that I am making a tangible difference for students today and helping them look to the future. We are able to look forward because of you: Your generous support is what allows us to reach this moment with not only financial security but momentum. Thank you for your generosity over the years and for your steadfast commitment today. We have so many things to be grateful for: our students, our community, and for the tomorrow we all make possible. Thank you for everything you do for this great university. Go Lehigh! With warmest regards, Mike Caruso ’67 Chair, Tower Society Dear Alumni and Friends, Whether you first stepped on campus six or sixty years ago, Lehigh University has been part of the story of your life. As assistant vice president for planned giving and family philanthropy, it is a pleasure and a privilege to hear your incredible stories and to help you achieve great things for our students and faculty today. My team’s role is to facilitate the possibilities of giving back and to assist you in achieving your goals for Lehigh. Whether you’re interested in supporting financial aid or capital projects, one of the colleges or the University Choir, the generous forethought of establishing a planned gift means that you can ensure those elements are always a part of the Lehigh experience. Whatever your objectives for giving back may be, we can help align what was most meaningful about your Lehigh journey with the priorities of the university today. Together, we ensure that the same wonderful experience you had endures for generations to come. On the following pages, you will learn more about the array of planned giving vehicles and opportunities you can take advantage of and how you can not only establish your legacy, but also secure your income and have an impact today. You will read the Lehigh stories of other planned giving donors and the names of those whose bequests were realized in the past fiscal year. We thank them for their generosity and forethought and for all they make possible. The planned giving team and I are available to answer any questions you may have. We look forward to learning about your fascinating lives and your generous goals and discovering how we can build a bridge between your Lehigh days and the students of today and tomorrow. Thank you for all that you do for Lehigh. With kindest regards, Lorraine Weidorn ’84G ’13P ’17P Assistant Vice President, Planned Giving 3 Cover: COVID-19 presented unprecedented challenges, yet students remained resilient and adaptive upon their return to in-person learning — and focused on what’s next. Here, a student tends a prototype “living wall” that could be scaled for use in future capital building projects around campus.

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