Gift Planning

Text Resize
Print This
Email This
Request Illustration

Bequest Funds Scholarship for Law Students

Bequest Funds Scholarship for Law Students

Robert B. "Bob" Broughton (JD '51) didn't need a scholarship to attend the Wake Forest School of Law—but many deserving law students will get the chance, thanks to his generosity.

Bob, who died in Raleigh in 2007, left a major bequest to the law school creating the Robert B. Broughton Scholarship Fund. He also established two charitable gift annuities to provide a steady, guaranteed stream of lifetime income for him and his wife of 34 years, Sumner. In addition, he received an income-tax deduction and the knowledge that the law school would benefit from the gift annuities in the future.

The Broughton family has substantial ties to Wake Forest. His father, J. Melville Broughton ('10), was a student and later attorney at the original campus before becoming governor of North Carolina (1941-45) and a United States senator (1948-49). Bob credited his Wake Forest law professors with inspiring him to pursue a legal career. While at Wake Forest he was a member of the Phi Delta Phi Legal Fraternity.

After many years in private practice in Raleigh, Bob became general counsel for the N.C. Farm Bureau Federation and its affiliates, including the Farm Bureau Mutual Insurance Company. He was former chairman of the Raleigh Housing Authority, an active member of the North Carolina Bar, and a lifetime member of the Wake Forest Law Board of Visitors.

Bob believed strongly in giving back. His bequest and gift annuities will provide much-needed financial aid to generations of law students who might not otherwise have the opportunity to attend Wake Forest. The Robert B. Broughton Scholarship Fund shows how planned gifts can make a profound impact on the lives of deserving students.


Print This
Email This
Request Illustration
scriptsknown