Millard '05 and Ruth '08
Jencks |
Estate Gifts
Millard '05 and Ruth '08 Jencks
(From the Spring 2005 Manley Society
Newsletter)
Two philanthropic mentors, Millard and Ruth Jencks, provide to us a good example of a relatively simple but very effective gift plan for St. Lawrence. Their story dates back over one hundred years.
An ’05 graduate (1905, that is), Millard Jencks was born in 1881. Ruth Kimball Jencks graduated in 1908. As was customary at the time, Millard pursued a career outside the home, and with his wife in support, earned distinction as an educator, business executive and lawyer. He served St. Lawrence as a trustee and succeeded Owen D. Young as chair in 1934. He became St. Lawrence’s tenth president in 1940, guiding the University through the difficult war years until just before his death in 1945. Ruth Jencks died in 1966. Through their estate plans, they created a trust that provided income to their son and daughter-in-law, Kimball and Beatrice, until their recent deaths. This trust, created forty years ago, now passes to St. Lawrence at a value of over $1 million. Their simple plan, which provided for their family, will now help generations of St. Lawrence students.
Our children are our greatest resource, the promise for a better world. Education is a gift to them for a better tomorrow. You can help ensure that the St. Lawrence experience will be available to these future Laurentians, for if you plan, they can come.
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