At a time when most young men are focused on family and career, Ken Cherven found a way to give back early. "As a young man raising a family, I couldn't afford to do much in the way of charitable contributions," he said.
So he purchased a life insurance policy with the proceeds going to the college.
"I pay the premiums to keep it in force. Even though it's an end-of-life gift, I feel that I make an annual gift to the college by paying the premiums."
Life insurance is a great way to give a deferred gift to the college when you may not be able to give a large gift immediately.
Ken's philanthropy philosophy can be summed up by a quote from Pablo Picasso. "The meaning of life is to find your gift. The purpose of life is to give it away."
Please contact us if you would like additional information, or if you have given to us in the past, please let us know.