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Legacy Gifts and Campaign Impact

Patrick Carney ’70, P’95, ’98, ’99, ’05

Patrick Carney '70, P'95, '98, '99, '05
Patrick Carney is chairman emeritus of Claremont Companies, a real estate investment, development, and asset management firm. He has served as a BC Trustee since 1994.

Q: How do Trustees view the role of legacy gifts in the Light the World campaign?

A: Many of us are already legacy donors, having seen firsthand how valuable these gifts are to the University’s continued growth and security. And we are not alone. Membership in the Shaw Society has almost doubled during the campaign and now stands at nearly 2,500 members. We are proud to see such high levels of participation, and we are humbled by their generosity.

Q: What will these gifts enable BC to accomplish?

A: Through Light the World, our alumni, parents, and friends have positioned BC to remain one of the nation’s top universities well into the future. They will allow BC to expand its endowment for financial aid, maintain and improve its beautiful campus, and recruit outstanding students, faculty, and staff. They are also instrumental in the University’s ability to enhance initiatives unique to our Jesuit, Catholic mission, such as the Center for Student Formation and the Church in the 21st Century Center.

Q: Why should someone consider a legacy gift?

A: A legacy gift is the most personal gift a donor can make. When writing a will or choosing a beneficiary, people ask themselves what people and institutions are most important to them. If you are thankful for your BC education or the experience your child received, consider making a legacy gift. Some options also provide valuable tax and income benefits, making legacy gifts a useful part of retirement and estate planning while ensuring the University’s continued success.

* Do you have an estate planning question? Please contact the Office of Gift Planning at 877-304-SHAW or legacygiving@bc.edu for assistance.

Light the World Campaign