Our Legacy Gift to Houghton University as a Charitable Remainder Unitrust (CRUT)

Since 1960, Houghton University has held a very dear place in our hearts. It was where we met, fell in love, and set out on our life journey knowing God was our Rock whom we would follow. We have fond memories and often reminisce about this special place where our faith was strengthened and confirmed by the testimony of our teachers and the lifelong friends we made.

After Neil’s long and satisfying career as a pediatrician, we were in a position to give back to Houghton University in a significant manner. Selling our professional building (which housed the medical office) left us with a large amount of taxable income. As we pondered what to do, a tithe just didn’t seem enough. Why not give it all to Him because He gave this and so much more to us? How could we give generously, enjoy tax advantages, and know the impact our gift would have on Houghton University—our home away from home?

So we chose a charitable remainder unitrust (CRUT) as our planned gift vehicle. Because this is an income gift, it benefits both Houghton and us. We were able to supplement our retirement income and receive an immediate income-tax charitable deduction. Although we have no control over the investments of the trust, we have complete confidence in Houghton’s stewardship. We are so grateful to the Office of Advancement for coming alongside us in this process.

We want to give future students the same opportunities and blessings we received. We were not seeking any recognition; but if our testimony can encourage others to consider making a planned gift to our beloved alma mater, then we are willing to tell our story. Our small but wonderful college is doing God’s work, investing in the lives of students who will become Christian leaders throughout His Kingdom.

In His Name,

Neil R. Nickelsen ’63 and Vivian (Brady ’64) Nickelsen