Ron Gregoire, a successful businessman and longtime supporter of Cal Poly Pomona, has provided a significant gift to the College of Business Administration through a unique type of gift, the charitable lead trust, which is the first of its kind to the university.
“Since he graduated 40 years ago, Ron has always been a strong supporter of the college and of the university,” says Richard Lapidus, dean of the College of Business Administration. “I am grateful for his continued commitment to the college and I’m excited about the impact this gift will have on our future students.”
A 1971 accounting alumnus, Gregoire has generously donated to the university for many years, endowing a scholarship through the President’s Council Scholars program, serving as vice chair of endowment for the comprehensive fundraising campaign and sitting on the National Development Council. He has also served on the University Educational Trust, the President’s Council and the Business Advisory Council.
A charitable lead trust allows the donor to pass equity in specific assets to their beneficiaries, while avoiding most gift or estate taxes. “This is a unique gift for thoughtful people who are planning to transfer specific assets to the next generation,” says Dan Wood, director of planned giving. “It allows donors to support the important mission of Cal Poly Pomona over time while simultaneously gifting specific assets in tact to their heirs.”
For more information about how to support the $150 million Campaign for Cal Poly Pomona using this or similar tax-wise techniques, contact Dan Wood at (909) 869-4802 or dewood@cpp.edu. All information is held in strict confidence.
Cal Poly Pomona has embarked on a $150 million comprehensive fundraising campaign to ensure that a quality college education is within reach for future generations of students. The campaign will strengthen the university’s ability to provide a hands-on education, to prepare students for the changing demands of the workplace, and to increase research and scholarship opportunities. The fundraising campaign relies on the support of the entire campus community — from alumni to faculty and staff to friends of the university. For more information, visit http://campaign.cpp.edu/.