Although one of his three areas of interest, the MSC Travel committee, no longer exists, Cox wanted to find a program that would spark a passion for international travel in students like the committee did for him. The MSC L.T. Jordan Institute, through its on-campus programming and travel abroad opportunities, immediately caught his attention as the perfect investment.
Having traveled to more than 100 countries for his work and pleasure, Cox loves experiencing cultures around the world. “The food and sites of the places I visit are always fun, but meeting the people and learning about the country’s rich, unique history are why I love traveling,” he shared. “I believe that traveling is one of the best investments anyone can make in their education. I hope my gift to MSC L.T. Jordan allows students to learn from others as I have.”
Capitalizing on Techniques
In addition to discovering that he could impact multiple areas on campus, Cox learned that there are diverse options on how to give to Texas A&M that can utilize specific financial assets. At first, he envisioned his contribution being a gift from his estate. However, further conversations with Bacon drew him toward a beneficiary designation gift, an easy and impactful way to give to the programs he wishes to support.
Cox’s technique to make a beneficiary designation gift through his IRA is one of many ways to plan a gift for Texas A&M. By naming the Texas A&M Foundation as a beneficiary of his IRA, retirement assets are passed on to the Foundation, tax-free, to support future generations of Aggies. “Planned giving is more than designating something in a will and/or writing checks,” Cox explained. “There are many ways to donate, and I’m glad I found a method that maximizes my ability to make Aggieland a better place.”
With wise investments come ample dividends, and Cox hopes his gift to Aggieland will have a lasting impact that encourages people to invest in students as he has. “I believe in sharing my good fortune with others,” he expressed. “Giving opportunities to those who need assistance to further their education is the best way I’ve found to share my success.”
Ready to invest in Aggies? Contact Angela Throne ’03 by completing the form below.
Planning for your financial future is one of the most important things you can do. Use our complimentary resource, Aggieland’s Ultimate Estate Planning Kit, as a step-by-step guide to build your plans and explore ways you can create a brighter future for Aggieland.
Download Aggieland's Ultimate Estate Planning Kit