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Bequest to Provide Scholarships

When he retired after a long career at Qwest, Jim Woodruff decided to return to college and complete his degree. He enrolled as a full-time student at Portland State University and earned his B.S. degree in Science in 1999. Jim's wife, Lynn Monahan, was also a return to college student at the University of Portland and completed her nursing degree in 2001.

While both Jim and Lynn were enrolled, they were especially taken with the many single parents who were trying to complete a degree in order to provide a better life for their children and other family members. "We saw first hand their financial need and the obstacles they struggled with," Jim remembers. "Most of these students worked at minimum wage jobs in order to pursue their education. Their work schedules competed with their own study time, and the time they had available to spend with their families."

Because they want to assist future students who have similar obstacles, Jim and Lynn have included PSU in their estate plans and have become members of the Epler Society. Upon their deaths, a bequest from their estate will create the Monahan/Woodruff Endowed Scholarship Fund. The awards from this fund will go to students who have had their university studies interrupted and have overcome extreme obstacles in order to resume their education.

As Jim and Lynn both say, "It's a great feeling to know that the scholarships will make the path to a college degree a little bit easier for hardworking students in the future."

You also may find it meaningful to have a bequest included in your will. Our sample language shows how a bequest can very easily be included.

You might find it helpful to select the "print" button below and print this page. You may feel free to give this page to your attorney. If he or she has any questions, please have him or her contact the Office of Planned Giving at 503-725-4478 or