Concordia to Receive Largest Donation in Its History: $30 Million Planned Gift to Support Students

Donation adds momentum to the Campaign for Concordia: Next-Gen. Now.

MONTREAL–(BUSINESS WIRE)–The vision and generosity of a donor is marking Concordia’s history with
a remarkable bequest of $30-million, the largest gift ever to the
university in support of students. The donor, who wishes to remain
anonymous, has made a planned gift to the Campaign
for Concordia: Next-Gen. Now
.

“We are deeply grateful that our donor has chosen Concordia as the
steward of this historic and transformative gift,” says Concordia
President Alan Shepard. “This bequest is an extraordinary act of
generosity that will benefit generations of future students and will
give our university added momentum.”

Concordia is beneficiary of an increasing number of planned
gifts
, which provide donors with creative and flexible strategies to
achieve their financial, philanthropic and estate-planning goals.
Bequests allow Concordia alumni, faculty, staff and friends to create
long-lasting legacies that benefit society, advance research and support
the next generation of students. Planned gifts also permit tax
advantages for donors and their heirs.

“Since its founding, Concordia has benefited from the trust of visionary
donors whose planned gifts have helped shape the university and its
people,” says Paul Chesser, vice-president, University Advancement. “We
are incredibly honoured to be custodians of this remarkable gift.”

The Campaign for Concordia: Next-Gen. Now
As the largest
appeal in the institution’s history, the Campaign for Concordia:
Next-Gen. Now will raise $250 million to support the university’s
ambition to rethink higher-education teaching and research. Launched
November 1, 2017, the Campaign for Concordia will support the
university’s nine strategic directions. According to rankings by the
Times Higher Education, Concordia is among the top two per cent in the
world and is number two in North America for universities under 50 years
old. The Campaign for Concordia will support research and teaching that
benefit the university’s 50,000 students, 7,000 faculty and staff and
more than 215,000 alumni. Learn more at concordia.ca/campaign.
#CUpride

Contacts

Sylvain-Jacques Desjardins
Director of communications
Advancement
and Alumni Relations
Concordia University
Tel: 514-848-2424,
ext. 4977
Cell phone: 514-710-7819
Email: s-j.desjardins@concordia.ca