Lake Real Estate
It was during a tent meeting in Mullen, Neb., in 1919 that Frank and Nellie Lake accepted the Seventh-day Adventist message. Believing in the benefits of Christian education, they sent all three of their sons to Shelton Academy (later called Platte Valley Academy). Since that time, several generations of Lakes have attended Adventist schools, including Union College.
Because of Frank and Nellie's positive influence and strong commitment to Christian education, their grandson, Melvin '63, and his wife, Karen Lair ('62) Lake decided to establish an endowed scholarship in Frank and Nellie's honor.
The Lakes donated a piece of farm land near Hebron, Neb., to Union College. This land has been in the family for generations and at one time belonged to Frank and Nellie. The college then sold the property and invested the proceeds to create an annual income. Scholarships will be awarded each year to Union College students from rural or small town backgrounds.
After establishing their scholarship, the Lakes commented, "Gifting real estate allowed an easy transition of property, excellent tax advantages and the satisfaction of establishing an on-going scholarship fund in honor of our beloved grandparents."
Would you like to establish a scholarship fund at Union College to ensure Christian education for generations to come?
For information about scholarship funds, gifts of appreciated property or other planned giving options, please contact Scot Coppock, Director of Leadership Giving at Union College, 3800 South 48th Street, Lincoln, NE 68506, 402.486.2503 or e-mail sccoppoc [at] ucollege [dot] edu.