Skip to Content
  • Mark Biernath
  • Allens Schollars
  • Giles
  • Tony Holcombe's Love of History Leads to Planned Gift for Scholarships
  • Returning the Favor: Scholarship Gift Gives Back to Georgia State
  • Bill and Rita Loventhal: A Leap of Faith That Paid Off

Mescon Family Establishes Scholarship in Daughter's Memory

Michael and Enid MesconMichael and Enid Mescon don't spend much time boasting of their own accomplishments. They'd rather save their pride and accolades for the people and things important to them. Their family, obviously, is one. And anyone who knows them can guess that Georgia State is another.

Their planned gift that created the Nance Lu Mescon Scholarship is the story of those two great loves coming together. It is inspired by a family tragedy, but also by a belief that Georgia State students have the power to keep that kind of tragedy from happening to others.

Family Roots
Michael joined the Georgia State faculty in 1956 as an assistant professor making $5,600 a year. "I thought I'd been handed the keys to Fort Knox," he says. He then became dean of the business school in 1985.

Meanwhile, Enid was earning a master's degree and a certification in gerontology. With such strong ties to the university, their children also began to think of Georgia State as home.

"Our children grew up at Georgia State, running up and down the ramps at Kell Hall," Enid says with a smile.

Eating Disorder Eats Away at Middle Child
Among her devotion to family and her wide range of interests, middle child Nance Lu seemed to lead a perfectly happy and normal life. Looking back, though, her parents suspect she began struggling with anorexia as a teenager.

Like many people battling eating disorders, Nance Lu did a good job of hiding her inner turmoil and unhealthy habits, but on July 29, 2011, she passed away at the age of 54, leaving behind two grown children.

A Scholarship for Research
Eating disorders are a shockingly prevalent problem—as many as 24 million Americans currently may be suffering from one—and they have the highest mortality rate of any mental illness.

When the Mescons decided to endow a scholarship in their daughter's name, it was Nance's son Ilya who suggested a purpose: funding the studies of students researching eating disorders from a policy or intervention perspective.

Michael and Enid endowed the Nance Lu Mescon Scholarship at the Andrew Young School of Policy Studies last spring.

"One of the first two Mescon Scholars did a wonderful bibliography on all the materials she could find on bulimia and anorexia," Enid says. "The other one got a scholarship to get her master's degree in Tennessee. It's so heartening to see these scholarships already paying off for students who might be able to make a difference."

Strengthening the Bond
Endowing the Nance Lu Mescon Scholarship has only strengthened the bonds between the Mescon family and the university. It's more than just the pride of being a student or faculty member; Enid says it's the emotional pull of watching knowledge change people's lives.

"We attended one of the graduation ceremonies recently, and I sat next to a family who was there to watch one of their children graduate," Enid says. "That was the first person in their family to go to college, ever. They were crying, and before long I was crying, too! It was a beautiful moment. That's the power that this school has. And that's what Georgia State means to us."

Make Your Lasting Gift
If you're interested in endowing your own gift to Georgia State University, please contact Natalie Baker at 404-413-3425 or for more information.

eBrochure Request Form

Please provide the following information to view the brochure.

can't see me

A charitable bequest is one or two sentences in your will or living trust that leave to Georgia State University a specific item, an amount of money, a gift contingent upon certain events or a percentage of your estate.

an individual or organization designated to receive benefits or funds under a will or other contract, such as an insurance policy, trust or retirement plan

"I give to Georgia State University, a nonprofit corporation currently located at P.O. Box 3965 Atlanta, GA 30302-3965, or its successor thereto, ______________* [written amount or percentage of the estate or description of property] for its unrestricted use and purpose."

able to be changed or cancelled

A revocable living trust is set up during your lifetime and can be revoked at any time before death. They allow assets held in the trust to pass directly to beneficiaries without probate court proceedings and can also reduce federal estate taxes.

cannot be changed or cancelled

tax on gifts generally paid by the person making the gift rather than the recipient

the original value of an asset, such as stock, before its appreciation or depreciation

the growth in value of an asset like stock or real estate since the original purchase

the price a willing buyer and willing seller can agree on

The person receiving the gift annuity payments.

the part of an estate left after debts, taxes and specific bequests have been paid

a written and properly witnessed legal change to a will

the person named in a will to manage the estate, collect the property, pay any debt, and distribute property according to the will

A donor advised fund is an account that you set up but which is managed by a nonprofit organization. You contribute to the account, which grows tax-free. You can recommend how much (and how often) you want to distribute money from that fund to the Foundation or other charities. You cannot direct the gifts.

An endowed gift can create a new endowment or add to an existing endowment. The principal of the endowment is invested and a portion of the principal’s earnings are used each year to support our mission.

Tax on the growth in value of an asset—such as real estate or stock—since its original purchase.

Securities, real estate or any other property having a fair market value greater than its original purchase price.

Real estate can be a personal residence, vacation home, timeshare property, farm, commercial property or undeveloped land.

A charitable remainder trust provides you or other named individuals income each year for life or a period not exceeding 20 years from assets you give to the trust you create.

You give assets to a trust that pays our organization set payments for a number of years, which you choose. The longer the length of time, the better the potential tax savings to you. When the term is up, the remaining trust assets go to you, your family or other beneficiaries you select. This is an excellent way to transfer property to family members at a minimal cost.

You fund this type of trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. You can also make additional gifts; each one also qualifies for a tax deduction. The trust pays you, each year, a variable amount based on a fixed percentage of the fair market value of the trust assets. When the trust terminates, the remaining principal goes to the Foundation as a lump sum.

You fund this trust with cash or appreciated assets—and may qualify for a federal income tax charitable deduction when you itemize. Each year the trust pays you or another named individual the same dollar amount you choose at the start. When the trust terminates, the remaining principal goes to the Foundation as a lump sum.

A beneficiary designation clearly identifies how specific assets will be distributed after your death.

A charitable gift annuity involves a simple contract between you and the Foundation where you agree to make a gift to the Foundation and we, in return, agree to pay you (and someone else, if you choose) a fixed amount each year for the rest of your life.

Personal Estate Planning Kit Request Form

Please provide the following information to view the materials for planning your estate.