Lamar Jordan Supports the Mustangs On the Field and Off
If you attend a basketball or football game at SMU, you are likely to see Lamar Jordan supporting the Mustangs. Lamar, an Alabama native, was an athlete at Georgia Tech University along with his brothers. After graduating and serving in the military, he settled his young family in Dallas in 1957, building a new business related to the construction industry.
Living in Dallas, he came to admire SMU and became a fan of its athletic programs. His favorite sport, he says, just might be women's basketball.
Over the years, Lamar entered into several charitable gift annuity agreements and found these provide him an excellent way to support SMU and all of its athletic programs. When he established each of these contracts, he was entitled to an income tax deduction, and for as long as he lives Lamar will receive a dependable stream of payments.
"Using gift annuities does a little good for me and a little good for SMU and my alma mater, Georgia Tech," he says. "These pay me an annuity each quarter, and I have the confidence of knowing that my gift will eventually provide a nice endowment for each of these institutions I respect. In the meantime, I am free to play golf and catch as many ball games as I can!"
When the charitable gift annuity expires upon his death, the funds remaining in the contract will be directed to the Cash Birdwell Endowment for Athletics, which provides a stream of income to support all of SMU's varsity athletic programs.