A Love for Union
In the early fifties, Gloria Greig Pierce ('55) and Crawford Pierce '55 (now deceased) found something special in Union College. In addition to meeting each other in 1953, they also discovered their love for Union. Like many college students, they worked hard to afford a Christian education. Now after more than 60 years, Gloria continues to share her enthusiasm about Union College with everyone she meets.
"Union produces great leaders," Gloria declares. "I am interested in supporting the college any way I can." One of the many ways Gloria has dedicated her life to serving the college is by establishing an endowed scholarship.
"It is a wonderful feeling to see a student receive a scholarship and know that our fund will live on forever," states Gloria.
The Pierces developed their first endowment in 1989 with a gift of a car lot and plot of land they owned near the college. Years later they chose to increase their giving to Union College by gifting a commercial building to fund a charitable remainder unitrust. This planned giving option provides Gloria with a lifetime income, and at the end of her life, the remainder will then be added to their existing scholarship fund.
Gloria’s firm belief in Union College caused her to trust not only her financial gifts but also her family to its care. Two of her children and most of her grandchildren have attended Union at some point.
"Union is a family," Gloria observes. "The students, faculty and staff share a kindness that can only be found in the Midwest." The Pierce "family" continues to grow as Gloria becomes acquainted with as many as 10 students a year who receive her scholarships.
Through planned giving, Gloria has fulfilled her lifelong mission to support Union College. Her commitment comes naturally, generated by a genuine belief in the opportunities Union College gives to its students. "I will never regret being associated with Union College," Gloria says. "Union will always be my first love."
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.