Ted Spak ’53, ’56 JD, ’02 GP Supports Alma Mater Through Bequest
Editor’s note: Ted Spak passed away in January 2016.
Theodore “Ted” Spak’s connection with Northwestern dates back to 1950, when he enrolled in the College of Commerce. The Chicago native earned his undergraduate degree in just over three years before attending Northwestern’s School of Law.
While Ted remembers his days on the Evanston campus fondly, he credits the law school with teaching him “not just how to interpret the law, but more importantly, how to think.” Today, Ted advises students to consider a legal education as a way to sharpen their critical thinking skills in preparation for a range of career opportunities.
A loyal supporter of the Law School Annual Fund, Ted established the Joseph and Sophie Spak Scholarship Fund at the Law School in 1995 to honor his parents. This year, he included the law school in his estate plans so the Joseph and Sophie Spak Scholarship will support deserving Northwestern Law students in perpetuity.
Ted credits his parents—and his mother in particular—for insisting that he and his siblings pursue higher education despite the family’s limited resources. Through his gift, Ted celebrates the legacy of his parents and supports the institution that helped him achieve success—first practicing as a tax attorney and CPA and later leading a public insurance adjusting firm.
Ted, whose granddaughter, Michelle ’02, ’05 JD, is also a double Northwestern alumna, encourages others to consider supporting Northwestern Law through planned giving. “I am proud of the education that I have received and am honored to help others as Northwestern initially helped me,” says Ted.
Alumni and friends of Northwestern can choose to bequeath a specific amount, a percentage of one’s estate, or a portion of the residual amount left in the estate after all other specific distributions have been made. Many donors are comforted knowing that these estate commitments can be changed if their circumstances should change.
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in any examples are for illustrative purposes only. References to tax rates include federal taxes only and are subject to change. State law may further impact your individual results. Annuities are subject to regulation by the State of California. Payments under such agreements, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.
Northwestern does not offer charitable gift annuities in all states, so please contact us to determine eligibility.