Better yet, it makes you feel really good. Under the terms of a charitable trust, donors may specify how their endowment will be used. Strand, a former college athlete, chose to have half of the scholarships go to athletes and half to students working toward careers in secondary education. With the University's entering a scholarship division, I thought it would be nice to beef up the sports program by helping to attract good athletes. For me personally, athletics was a confidence-builder that helped me as an officer in the military and later in business.
Strand also believes education is vitally important.
Many of his fraternity brothers went on to become high school teachers. Before he entered the Army, he, too, considered a teaching career, and he still thinks about teaching at the community college or university after he retires from business. I believe strongly in the value of education. I talk to my frat brothers who are teachers about the struggles they face in the classroom. Publications Office A Charitable Trust Works Trust money is placed in a portfolio of low-risk investments.