Thanks, Mom and Dad
Tom Donohoe ’71 Honors a Family Legacy Established by His Parents
Over the summer, Tom Donohoe ’71 sat down to review his estate plan. Recently retired, he thought it was a good time to reflect on his goals for the future, including how best to provide for his family and those institutions that had made a difference in his life. Gonzaga immediately came to mind.
“As I navigated my way through life’s challenges, I used my time and lessons at Gonzaga, and the example of my parents, Ray, Class of 1939, and Mary Donohoe,” says Tom. “Mom had been Mothers Club president and Dad the Fathers Club president. They loved Gonzaga.” In all, Ray and Mary sent three sons to Gonzaga. In addition to Tom, brothers Leo ’73 and Richard ’77 also attended Gonzaga. The family’s deep commitment to Jesuit education on Eye Street is evidenced by Ray having been named Alumni Association Man of the Year and Mary, who worked at Gonzaga for several years in the President’s Office and Admissions Office, having been awarded the St. Aloysius Medal.
Some years ago, Ray and Mary established The Donohoe Family Scholarship as a way of honoring their family’s long tradition on Eye Street and helping Gonzaga provide educational opportunities to boys for years to come. Says Tom, “Joining the Forever Gonzaga Society and helping to build upon the family scholarship is my way of saying ‘thank you’ to both my parents and Gonzaga.”
Because Tom owned a paid-up life insurance policy, planning a gift to Gonzaga was not complicated. He simply contacted his insurance company and filled out the forms to include Gonzaga as one of the plan’s beneficiaries. It only took minutes to ensure the Donohoe Family legacy at Gonzaga lasts forever.
A Simple Way to Make a Meaningful Gift
Giving back to Gonzaga might be easier and more affordable than you think. To learn how you can follow Tom’s example, or create a unique gift of your own, contact Daniel P. Costello ’72 at (202) 336-7174 or email@example.com.
Information contained herein was accurate at the time of posting. The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.