“We became friends with Luther Seminary students when we worked and lived nearby,” said Don and Charleen Weidenbach. “We came to understand how crucial student support is and want to continue to support students as they follow their calls.”
They established the Charleen and Donald Weidenbach Endowed Scholarship Fund and the Simon and Alma Hanson Scholarship, using funds from a bequest from Charleen’s mother, to make their support concrete at Luther Seminary. In addition, they set up a charitable remainder trust to be sure they could achieve their charitable dreams beyond their lifetimes.
They appreciate the income from the trust, and the tax advantages of gifting appreciated assets to it. Because it’s a charitable remainder trust, they know that after their deaths the trust’s remainder will go to ministries about which they care deeply, including Luther Seminary. “We feel so gratified about having made these plans and being able to help!”