Rae and Audwin Helton Earmark Gift to NCCU Foundation’s Charitable Remainder Unitrust

SP
Sandra Phoenix
Fri, Feb 28, 2020 1:40 PM

North Carolina Central University News
February 24, 2020
Rae and Audwin Helton Earmark Gift to NCCU Foundation’s Charitable Remainder Unitrust
A generous gift from two alumni business owners has marked the first time NCCU has benefitted from a new investment vehicle that provides tax benefits and income for donors.
The $220,000 gift from alumni Rae and Audwin Helton is part of a charitable remainder unitrust that was created in October 2017 through an agreement between the NCCU Foundation and N.C. Gift Planning LLC.
The Heltons, both 1981 Eagle graduates, own and operate a successful geographic information systems company in Louisville, Ken.
“We decided to invest in the charitable remainder unitrust because it seemed to be a good fit with what we wanted to do on behalf of the university, and it will provide continued support over time,” Rae Helton said.
Chancellor Johnson O. Akinleye welcomed the Heltons’ contribution to the charitable remainder unitrust, a type of trust that provides a fixed annual income to the donors during their lifetime.
“We are appreciative of the generosity of the Heltons and their thoughtful decision to invest in this unitrust to the benefit of their alma mater,” Akinleye said.

SANDRA M. PHOENIX
HBCU Library Alliance Executive Director
Atlanta University Center Robert W. Woodruff Library
111 James P. Brawley Drive SW
Atlanta GA 30314
404-978-2118 (office)
404-702-5854 (cell)
http://www.hbculibraries.orghttp://www.hbculibraries.org/
sphoenix@hbculibraries.orgmailto:sphoenix@hbculibraries.org
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North Carolina Central University News February 24, 2020 Rae and Audwin Helton Earmark Gift to NCCU Foundation’s Charitable Remainder Unitrust A generous gift from two alumni business owners has marked the first time NCCU has benefitted from a new investment vehicle that provides tax benefits and income for donors. The $220,000 gift from alumni Rae and Audwin Helton is part of a charitable remainder unitrust that was created in October 2017 through an agreement between the NCCU Foundation and N.C. Gift Planning LLC. The Heltons, both 1981 Eagle graduates, own and operate a successful geographic information systems company in Louisville, Ken. “We decided to invest in the charitable remainder unitrust because it seemed to be a good fit with what we wanted to do on behalf of the university, and it will provide continued support over time,” Rae Helton said. Chancellor Johnson O. Akinleye welcomed the Heltons’ contribution to the charitable remainder unitrust, a type of trust that provides a fixed annual income to the donors during their lifetime. “We are appreciative of the generosity of the Heltons and their thoughtful decision to invest in this unitrust to the benefit of their alma mater,” Akinleye said. SANDRA M. PHOENIX HBCU Library Alliance Executive Director Atlanta University Center Robert W. Woodruff Library 111 James P. Brawley Drive SW Atlanta GA 30314 404-978-2118 (office) 404-702-5854 (cell) http://www.hbculibraries.org<http://www.hbculibraries.org/> sphoenix@hbculibraries.org<mailto:sphoenix@hbculibraries.org> Honor the ancestors, honor the children and those yet to come. Building Capacity for Humanities Special Collections at HBCUs – Become an ally and partner with us to protect, preserve and share a more authentic record of American history. Follow this link http://hbculibraries.org/humanities-2019.html for more information. Follow this link http://hbculibraries.org/ and click on the Donate Now button to invest in this project. Your support is appreciated. Follow us on Facebook at https://www.facebook.com/hbculibraryalliance1/ and Twitter at https://twitter.com/HBCULibAlliance Check out "PULSE!" The HBCU Library Alliance's News Source! - https://hbculibraryalliance.wordpress.com/