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INVESTING IN ADVENTIST EDUCATION: WE ALL WIN

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INVESTING IN ADVENTIST EDUCATION: WE ALL WIN
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Adventist education is important to us!


It's been front and centre in our family for at least three generations. Both Ken and I have reaped the benefits of investing in Adventist education made by our parents and grandparents because at some time or other they all made significant sacrifices.

During the "Dirty Thirties" while living on a parched North Dakota farm, Ken's father, Harley Schander, a former pastor in Rutland (1979-83), attended an Adventist academy alternating years, taking turns with his siblings because his widowed mother couldn't afford to help.

During the "in between" years, he worked on the family farm. Ken and his three siblings all attended Adventist boarding schools, even when tuition costs sometimes exceeded the family's income.

In my case, in the early 1960's, my parents sold a small-town southern Ontario home and moved to make it possible for their four children to attend an Adventist school.

When it was time for us to go to university (yes, an Adventist one), my mother sold some property, purchased many years earlier. She assured all four of us often that we were her best investment (no lie detector equipment available in those days!).

We have appreciated our parents' sacrifice and wish to continue the legacy of investing in children attending Adventist schools. Though there's no guarantee, we know that children who receive an Adventist education are more likely to make God-invested decisions for the rest of their lives.

So, after checking with our own financial planners, asking for advice from both interested and disinterested parties, and doing our own research, we settled on a Charitable Insured Annuity with the BC Conference.

The benefits to us are threefold.

1) We receive a guaranteed monthly income stream for as long as either of us is alive (at a better rate than other alternatives),

2) We receive a charitable donation tax benefit, and

3) We are assured that the entire gift goes to the charity of our choice. In our case, that's . . . you guessed it . . . Adventist education. 

By FRANCES SCHANDER, PH.D. RETIRED EDUCATOR