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  6. Paul Lojpersberger, B'56

University Advancement
Fourth Floor Administration Building
Duquesne University
600 Forbes Avenue
Pittsburgh, PA 15282
ignite@duq.edu

Paul Lojpersberger, B'56

donor-paul-lojpersberger.jpg

Paul Lojpersberger, B '56

Having lived in Western Pennsylvania for ten years, Paul was well aware of Duquesne University and its reputation for academic excellence. After two years at a college in North Carolina, he returned home to complete a degree in business administration at Duquesne. At the time, Duquesne's basketball team was coached by Dudey Moore, who gave Paul the opportunity to practice with the Dukes. The next day, he was a member of the 1955 team that won the National Invitational Tournament (NIT).

A few years ago, Paul and his wife Joan decided to establish a Charitable Remainder Unitrust (CRUT), which they say, "has been one of the best decisions we ever made." The CRUT was funded with highly appreciated stock. They benefited by receiving a lifetime income and a charitable deduction, avoiding capital gains taxes and removing the stock from their probate estates. Duquesne University will receive a share of the CRUT following their deaths.

Asked why he and Joan made such a gift, Paul replied, "Duquesne University is a great school—they were good to me and provided me with a wonderful education. Duquesne's faculty, staff and administration work hard to enhance and strengthen the Catholic faith, which is important to me."

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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. California residents: 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. Oklahoma residents: 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. South Dakota residents: Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.