Catherine Long Glendening ’38: A Win-Win Situation
Catherine Long Glendening ’38 had always given to SU over the years, but in honor of her 80th birthday in 1997, she wanted to do something special. "I want to help deserving students who hope to do something exciting in the world," she said. So she established a $100,000 gift annuity to support the Catherine Long Glendening Endowed Scholarship Fund.
When Catherine passed away, her husband, John Glendening, decided to honor his wife's memory by establishing a $200,000 gift annuity to add to her scholarship fund. As a lawyer, he knows the benefits of giving through a gift annuity. "By donating stock, I save tax dollars, received an income that's partially tax free, and have the pleasure of knowing that many Syracuse University students will have a chance to fulfill their dreams because of Catherine's scholarship," he says. "It's a win-win situation for all concerned."
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