Balancing Philanthropic Goals, Financial Planning and Lifestyle

Charles and Trudy Parton have long been Monmouth supporters. Now, with a charitable gift annuity, they’re able to continue giving while supporting their active lifestyles.

For Trustee Emeritus and former board chair, Charles T. Parton HN ’01 and his wife, Trudy, giving back has always been a priority. Charlie first joined the Board of Trustees in 1987 and ever since, he and Trudy have demonstrated a deep commitment to supporting Monmouth’s educational mission through their time, philanthropy and extended involvement with the Monmouth community.

The Partons have elected to support Monmouth’s mission and strategic priorities in a multitude of ways. They have given enthusiastically to appropriate current-use funds, as well as endowed funds, and have been eager to identify creative gift solutions that have the broadest possible impact at Monmouth.

For the Partons, a charitable gift annuity has been an attractive option that allows them to successfully balance their charitable ideals with their financial planning and active lifestyle. They liked the idea of supplementing their current income with fixed income for life, while giving a long-term gift to Monmouth. Of great importance was knowing that their charitable gift annuity would continue supporting Monmouth University’s educational mission when the annuity eventually matures.

“Being able to support Monmouth while also receiving reliable payments for life was an easy choice for us,” say Charlie and Trudy. “We are proud of Monmouth University, proud to be supporters of the University and proud to be members of the Shadow Lawn Society at Monmouth University.”

To learn more about charitable gift annuities, or joining the Shadow Lawn Society, Monmouth’s recognition group for individuals who have included the University in their estate plan, contact Amanda Klaus ’09 at 732-571-3411 or legacy@monmouth.edu.