MONTREAL--(BUSINESS WIRE)--The vision and generosity of a donor is marking Concordia’s history with a remarkable bequest of $30-million, the largest gift ever to the university in support of students. The donor, who wishes to remain anonymous, has made a planned gift to the Campaign for Concordia: Next-Gen. Now.
“We are deeply grateful that our donor has chosen Concordia as the steward of this historic and transformative gift,” says Concordia President Alan Shepard. “This bequest is an extraordinary act of generosity that will benefit generations of future students and will give our university added momentum.”
- View a video that summarizes the impact of this gift: https://youtu.be/K6Vd8Rzuygg.
Concordia is beneficiary of an increasing number of planned gifts, which provide donors with creative and flexible strategies to achieve their financial, philanthropic and estate-planning goals. Bequests allow Concordia alumni, faculty, staff and friends to create long-lasting legacies that benefit society, advance research and support the next generation of students. Planned gifts also permit tax advantages for donors and their heirs.
“Since its founding, Concordia has benefited from the trust of visionary donors whose planned gifts have helped shape the university and its people,” says Paul Chesser, vice-president, University Advancement. “We are incredibly honoured to be custodians of this remarkable gift.”
The Campaign for Concordia: Next-Gen. Now
As the largest appeal in the institution’s history, the Campaign for Concordia: Next-Gen. Now will raise $250 million to support the university’s ambition to rethink higher-education teaching and research. Launched November 1, 2017, the Campaign for Concordia will support the university’s nine strategic directions. According to rankings by the Times Higher Education, Concordia is among the top two per cent in the world and is number two in North America for universities under 50 years old. The Campaign for Concordia will support research and teaching that benefit the university’s 50,000 students, 7,000 faculty and staff and more than 215,000 alumni. Learn more at concordia.ca/campaign. #CUpride