Ferd Thun's Lehigh legacy will touch generations of students for as long as the university stands. Serving as Lehigh's director of planned giving from 1973 to 1995, Thun built an advancement program focused on raising scholarship support and increasing the university's endowment. Thun credits his wife, Elizabeth, with helping him develop relationships with some of Lehigh's most generous benefactors.
Honored for decades of professional and volunteer service at his alma mater, Thun has received three of Lehigh's prestigious awards. He continues to generously support the university and has established a charitable remainder unitrust and two additional gift annuities with Lehigh. By doing so, Thun has provided for Lehigh's future and receives "good income" during his lifetime.
After graduation Thun was an engineer at SKF Industries for almost a decade before joining the university staff. During his tenure the Tower Society was created to recognize alumni and friends whose generous gifts support the endowment program.
"The diversity of the student body is important, and investment in the scholarship program is really needed to maintain that balance," said Thun, who established two scholarships that have already helped 13 young men and women.
"There are a lot of advantages to having a long-range plan, especially tax advantages," he said.